Gov/en/Portal:Economy/Rewards-Explained: Difference between revisions

{{KidsIntro|This page explains the rewards you can earn for helping WikiDeal.}}

= Rewards Explained — Rewards & Miles Credits =

| Types

| Rewards 💰 + Miles Credits 🔗

| Gift

| Separate, voluntary (see below)

| ❌ None — transparent

| [[Gov/en/Portal:Economy/Miles-Market|Miles Market]]

WikiDeal generates two types of Credits when you back the project or participate in its programmes. Understanding these Credits is key to understanding how WikiDeal works.

== The Two Types of Rewards ==

==== 💰 Rewards (no guarantee*) ====

Rewards are convertible to CHF — but '''without guarantee'''. Their availability depends on the financial health of the platform: how much revenue is generated by monthly subscriptions, how many users are active, and whether the budget covers costs. Rewards are honest: if the platform doesn't generate enough revenue, Rewards are not distributed that month. They represent a conditional claim on future subscription revenue, not a debt.

==== 🔗 Miles Credits ====

Miles Credits are exchangeable for services and goods within the WikiDeal ecosystem — within [[Gov/en/Portal:Trust-Safety/Rings-of-Trust|Rings of Trust]] (agreements between ≥2 [[Gov/en/Portal:R&D/Innovations:User Groups|User Groups]]). Miles Credits are not convertible to CHF, but they have real value: housing, transport, food, tutoring, and many other services can be accessed with Miles Credits. Their value is determined by the [[Gov/en/Portal:Economy/Miles-Market|Miles Market]] algorithm.

 

== Gift — A Separate, Voluntary Concept ==

A '''Gift''' is a voluntary Donation from a funder or participant to the WikiDeal community pool. It is NOT a type of Credit — it is a separate act. The amount of Gifts available depends on the '''pressure degree''':

* More pressure for personal return = fewer Gifts (deducted from the bonding curve)

* Gift WIL is dedicated to community-benefit purposes: subsidized memberships, User Group grants, common pool

Gifts appear in FAQ and T&C pages, not in the main user flow. When you back WikiDeal, you choose between '''Rewards''' and '''Miles Credits''' — Gift is an optional, voluntary layer.

== The Mathematical Relationship — Bonding Curve ==

All Credits are generated by the '''Bonding Curve''' — a mathematical formula that determines how many Credits you receive per CHF contributed:

Available Credits = Bonding Curve − Gifts

Gifts = f(Miles pressure + Miles in common pot not consumed)

 

* Everything moves based on '''real expenses''' — no speculation, no invented values

"Stimulating but not speculative at all — because everything is transparent."

== The Need-Driven Funding mechanism ==

The [[Gov/en/Portal:R&D/Innovations:Need-Driven Funding|Need-Driven Funding mechanism]] is the auto-regulator between Rewards and Miles Credits:

# '''Phase 1 — Miles first:''' When the platform is growing, Miles Credits increase first. More services are available → community activity grows → Miles value rises.

# '''Phase 2 — Cash follows:''' As the service economy grows, subscription revenue grows → Rewards (no guarantee*) become available → funders can convert to CHF.

The Need-Driven Funding ratio changes based on the platform's NEEDS — not based on speculation or market sentiment. When the platform needs more community activity, Miles ratio increases. When revenue is secure, Cash ratio increases.

Mature stage: Equilibrium based on real subscription revenue

== The Currency Name — The WIL Hypothesis ==

The name '''WIL''' (WikiDeal Contribution Licence) is a hypothesis — not a final decision. The WikiDeal community may evolve this name as the project grows. What matters is not the name, but the concept:

* WIL exists in two main forms for users: '''Rewards (no guarantee*)''' and '''Miles Credits'''

The community may propose alternative names via the [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]] process. The underlying mathematics and principles are immutable; the label is not.

* '''At-cost:''' All Commissions are charged at cost — no profit extracted by the platform beyond operating expenses

* '''No hidden fees:''' The bonding curve formula is published and immutable

''→ See also: [[Gov/en/Portal:Economy/Miles-Market|Miles Market]] | [[Gov/en/Portal:R&D/Programmes|12 Programmes]]   | Terms & Conditions | FAQ | [[Gov/en/Portal:Onboarding/Glossary|Glossary]]''

One of WikiDeal's most innovative features: '''every User Group can launch its own funding campaign''' using the exact same methodology as WikiDeal Core. The same bonding curve, the same Rewards and Miles Credits, the same Gift mechanism operating in the background.

The model is fractal: WikiDeal Core funds the platform. User Groups fund their specific marketplaces. The same machine operates at every level — transparent, at-cost, non-speculative, governed by the Need-Driven Funding mechanism.