UP-2: Updates to Age/Activity

This outlines adjustments to the age and activity coefficients used to calculate influence, and to the algorithm for normalizing activity. Currently, a user’s activity can be negative if the total rewards they’ve received are less than the total value of their votes. As a result, some users have a negative influence, and therefore are unable to receive rewards. The protocol was intentionally designed to penalize users for doing a large number of low-value votes, but the existing influence algorithm is overly punitive.

Therefore, the influence algorithm should be adjusted in the following ways:

1. The relative weight of age should increase from 0.33 to 0.4, and the weight of activity should decrease from 0.67 to 0.6.
2. Activity, when factored into influence, should have a minimum value of zero. This guarantees that no accounts will ever have a negative influence while ensuring accounts with low-value votes are still penalized.