Proposal for Implementing a Multiplier System for Heurist Imaginaries for Additional Miner Rewards

Introduction

We propose the introduction of a novel multiplier system for the holders of Heurist Imaginaries NFTs, aimed at enhancing the rewards mechanism within the Heurist AI project ecosystem. This system is designed to incentivize NFT ownership while ensuring that the benefits scale in a balanced and sustainable manner. The proposed system utilizes a logarithmic function to calculate multipliers, ensuring fair and diminishing returns for increased NFT holdings for miner rewards.

Objective

The primary goal of this proposal is to encourage broader participation in the Heurist AI project by making the ownership of Heurist Imaginaries NFTs more rewarding by aligning miners with NFT holders. By introducing a multiplier system that provides diminishing returns, we aim to prevent disproportionate advantages that could otherwise arise with the accumulation of NFTs, thus fostering a more equitable ecosystem.

Proposed Multiplier System

The multiplier system is based on the following formula: Multiplier=1+2⋅log 10(N+1)

Where: N is the number of Heurist Imaginaries NFTs held by an individual. The base multiplier is set at 1 for holders of zero NFTs, ensuring that every miner continues to receive rewards. The parameters have been carefully chosen to ensure that rewards increase with NFT holdings but at a decreasing rate, to maintain balance within the ecosystem.

Example of Multiplier:

NFT Count| Multiplier

1| 1.6 2| 1.95 3| 2.2 4| 2.4 5| 2.56 6| 2.69 7| 2.81 8| 2.91 9| 3.0 10| 3.08

This table demonstrates the calculated multipliers for holding up to 10 Heurist Imaginaries NFTs, illustrating how the multiplier increases in a controlled manner as the number of NFTs grows.

Implementation

Upon approval by the DAO, the Heurist AI team will proceed with the technical implementation of the multiplier system. This will include updates to smart contracts (as necessary) to incorporate the multiplier logic into the rewards distribution mechanism. Multipliers will be applied to Waifu Points and Llama Points earned after the system goes live. The team will also ensure that the community is kept informed about the progress and will provide detailed guides on how the new system affects the rewards.

Conclusion

The introduction of a multiplier system for Heurist Imaginaries NFT holders represents a strategic move to unify and align miner incentives with NFT House. By ensuring that the rewards system is both attractive and fair, we anticipate a positive impact on the overall health and growth of the ecosystem. We invite the Imaginaries holders to review this proposal and cast their votes in favor of creating a more rewarding and equitable environment for all participants.