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| {{KidsIntro|This page explains the rewards you can earn for helping WikiDeal.}}
| | #REDIRECT [[Gov/en/Portal:Economy/Rewards]] |
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| = Rewards Explained — Rewards & Miles Credits =
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| {| class="wikitable infobox"
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| |-
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| | class="infobox-title" colspan="2"| Rewards at a Glance
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| | Types
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| | Rewards 💰 + Miles Credits 🔗
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| | Gift
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| | Separate, voluntary (see below)
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| | Basis
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| | [[Gov/en/Portal:R&D/Innovations:Bonding Curve|Bonding Curve]] (real expenses)
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| | Speculation?
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| | ❌ None — transparent
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| | FINMA
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| | Sandbox / utility token
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| | See also
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| | [[Gov/en/Portal:Economy/Miles-Market|Miles Market]]
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| |-
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| | See also
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| | Terms & Conditions
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| |}
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| 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.
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| == The Two Types of Rewards ==
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| ==== 💰 Rewards (no guarantee*) ====
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| 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.
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| * Convertible to CHF when funds allow
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| * A possible annual percentage increase is under study (draft [[Gov/en/Portal:R&D/Innovations:Annual Value Increase|Open Call]], not decided)
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| * Held in your personal account (Priority 2)
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| * Tax applies at cash-out
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| * No financial return is guaranteed. See Terms & Conditions and FINMA sandbox rules.
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| ==== 🔗 Miles Credits ====
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| 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.
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| * Exchangeable for services within Rings of Trust
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| * Value determined algorithmically (supply & demand)
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| * Not convertible to CHF directly
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| * Earned through volunteering, programme participation
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| * Usage coefficients: 1 (restricted) to 10 (widely accepted)
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| == Gift — A Separate, Voluntary Concept ==
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| '''What is a Gift?'''
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| 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''':
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| * Less pressure from funders = more Gifts by default (community benefit maximized)
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| * More pressure for personal return = fewer Gifts (deducted from the bonding curve)
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| * Gift WIL is dedicated to community-benefit purposes: subsidized memberships, User Group grants, common pool
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| 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.
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| == The Mathematical Relationship — Bonding Curve ==
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| All Credits are generated by the '''Bonding Curve''' — a mathematical formula that determines how many Credits you receive per CHF contributed:
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| Available Credits = Bonding Curve − Gifts
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| Where:
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| Bonding Curve = f(CHF contributed, position in curve)
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| Gifts = f(Miles pressure + Miles in common pot not consumed)
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| Rewards depend on: financial budget security
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| Miles Credits depend on: community activity + Ring capacity
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| Key properties of this formula:
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| * Gifts depend on: combined Miles pressure + Miles in the common pot not yet consumed
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| * Rewards depend on: the platform's financial budget security
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| * Everything moves based on '''real expenses''' — no speculation, no invented values
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| * Early funders get more Credits per CHF (bonding curve rewards early commitment)
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| "Stimulating but not speculative at all — because everything is transparent."
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| == The Need-Driven Funding mechanism ==
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| The [[Gov/en/Portal:R&D/Innovations:Need-Driven Funding|Need-Driven Funding mechanism]] is the auto-regulator between Rewards and Miles Credits:
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| # '''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.
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| 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.
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| Need-Driven Funding ratio = f(Active funders / Platform funding needs)
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| Early stage: 70% Rewards / 30% Gift
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| Growth stage: 40% Rewards / 60% Gift (more community benefit)
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| Mature stage: Equilibrium based on real subscription revenue
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| == The Currency Name — The WIL Hypothesis ==
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| 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:
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| * 1 WIL = 1 month of platform usage = CHF 1 nominal value
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| * WIL exists in two main forms for users: '''Rewards (no guarantee*)''' and '''Miles Credits'''
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| * Gift is a voluntary layer, not a type of WIL per se
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| 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.
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| == Transparency and Honest Accounting ==
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| WikiDeal's credit system is built on a principle of radical transparency:
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| * '''At-cost:''' All Commissions are charged at cost — no profit extracted by the platform beyond operating expenses
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| * '''Real expenses only:''' Credits are only distributed when real revenue exists to back them
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| * '''Public ledger:''' All Credits generated, distributed, and redeemed are logged publicly
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| * '''No hidden fees:''' The bonding curve formula is published and immutable
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| * '''FINMA sandbox:''' WikiDeal operates under Swiss FINMA sandbox rules for experimental financial mechanisms
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| * Rewards are subject to platform revenue availability. No financial return is guaranteed.
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| ''→ 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]]''
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| == Replicable Model: Every User Group Can Launch Its Own Funding ==
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| 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.
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| This means:
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| * The '''Babysitting User Group''' can run its own bonding curve to fund local deployment
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| * The '''Street Fundraising User Group''' can attract funders specifically for NGO fundraising Infrastructure
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| * Any new User Group can bootstrap itself using a proven, transparent funding model
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| 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.
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| [[Category:Migration June 2026]]
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