One of the significant updates in VIM’s new quest system is the way rewards are distributed.

After a quest concludes, participants share the reward pool according to a 1/n distribution, with each receiving an equal portion of the reward remaining after platform fees. This system is designed to ensure fair and transparent reward distribution, with each participant automatically receiving their share based on their involvement in the quest. In this post, we’ll explain how the 1/n distribution works and the benefits it brings to both creators and participants.

1. What is the 1/n System?

   The 1/n system ensures that after a quest ends, all participants who successfully complete the quest share the rewards equally. For example, if 10 people complete a quest, the reward pool is divided into 10 equal portions, giving each participant the same reward. This approach guarantees that every contributor who meets the quest goals receives an equal share, fostering a sense of fairness across the platform.

   The key to this system is that it’s fully automated through smart contracts. Once the quest ends, participants receive their share without the need for manual distribution. This transparency is further strengthened by blockchain technology, which records each transaction on a public ledger that anyone can verify.

2. Fairness at the Core: Treating Contributions Equally The 1/n system treats all participants as equal contributors, removing the complexity of evaluating individual contribution levels. This approach is ideal for quests with straightforward or clear-cut objectives, where participants complete the same task to reach the quest’s end. In these cases, the 1/n system ensures fairness, particularly when contributions are relatively uniform and no one’s input outweighs others.

   This method is especially effective for simpler quests or tasks with defined goals. For instance, when participants must meet certain criteria to complete the quest, this structure guarantees that everyone who meets those criteria shares equally in the rewards.

3. Transparency and Trust Through Smart Contracts Reward distribution is fully automated through smart contracts, eliminating errors or disputes that can arise from manual distribution.

   Every participant’s reward and the entire process are recorded on the blockchain, leaving a transparent and verifiable history. This adds a layer of trust, allowing participants to feel confident that the reward distribution process is fair and secure. Additionally, for quest creators, this automation means they don’t need to worry about managing distribution logistics. Once the quest ends, the smart contract takes over, allowing creators to focus on designing and managing other quests.

4. Rewards Adjust Based on Participant Numbers The number of participants directly affects each individual’s share of the reward.

   If fewer people participate in the quest, each person’s reward will be higher. Conversely, as the number of participants increases, the per-person reward decreases. For example, if the reward pool is 100 BSC tokens and five people complete the quest, each receives 20 tokens. But if 10 people complete it, each receives 10 tokens. Considering the expected number of participants beforehand helps set realistic expectations for rewards.

   Conclusion

   The new distribution model on the VIM platform is a system rooted in fairness and transparency. After a quest ends, every step of the reward distribution is automated, ensuring that participants equally share in the rewards. This model not only motivates participation but also minimizes any potential conflicts around reward allocation. In our next post, we’ll dive into the various types of quests available on VIM and explore how new online activity-based quests can be created. Stay tuned!