Gov/en/Portal:Onboarding/Glossary: Difference between revisions

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: Priority 2 allocation. The portion of a funder's membership return that flows back to the funder personally. Distributed 50% in solidarity (pro-rata to all Reward holders on each membership sold) and 50% in FIFO order. Previously called "×2 ," "Personal Project Reward," or "", all deprecated.

; [[Gov/en/Portal:Economy/Rewards|Rewards]] (no guarantee*) 💰

: The convertible form of WikiDeal Rewards. Rewards may be converted to CHF when platform revenue allows, '''without guarantee'''. ~~Subject to 5%~~ annual ~~value~~ increase (~~defined algorithm~~). Held in personal account (Priority 2). Tax applies at cash-out. Previously called "Cash Rewards" or "Cash Reward", those terms are deprecated. See [[Gov/en/Portal:Economy/Rewards|Rewards Explained →]]

: The convertible form of WikiDeal Rewards. Rewards may be converted to CHF when platform revenue allows, '''without guarantee'''. A possible annual percentage increase is under study (draft [[Gov/en/Portal:R&D/Innovations:Annual Value Increase|Open Call]], not decided). Held in personal account (Priority 2). Tax applies at cash-out. Previously called "Cash Rewards" or "Cash Reward", those terms are deprecated. See [[Gov/en/Portal:Economy/Rewards|Rewards Explained →]]

; [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]] 🔗

: Exchangeable for services and goods within [[Gov/en/Portal:R&D/Innovations:Rings Of Trust|Rings of Trust]] (agreements between ≥2 User Groups). Not convertible to CHF directly. Value determined by the [[Gov/en/Portal:Economy/Miles-Credits|Miles Market]] algorithm, supply and demand for real services. Usage coefficients range from 1 (restricted) to 10 (widely accepted). Previously called "WikiDeal Miles", deprecated. See [[Gov/en/Portal:Economy/Rewards|Rewards Explained →]]

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: Core values of WikiDeal that do not change regardless of Open Call outcomes: the membership system, community governance, transparency, and at-cost Commissions. NOTE: The term "Immutable Rules" is deprecated and must not be used, rules can change. Only philosophies are described as immutable.

; WIL (hypothesis name)

: WikiDeal contribution Licence: a ''hypothesis name'' for the fundamental unit of WikiDeal participation, pending community validation. '''1 WIL = 1 month of platform usage = CHF 1 nominal value.''' In the user interface, WikiDeal Rewards appear as: '''Rewards (no guarantee*)''' 💰 and '''Miles Credits''' 🔗. ~~WIL gains 5% in CHF value each year~~ (~~defined algorithm~~). It is not a financial security. The name "WIL" may evolve via the [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]] process. See [[Gov/en/Portal:Economy/Rewards|Rewards Explained →]]

: WikiDeal contribution Licence: a ''hypothesis name'' for the fundamental unit of WikiDeal participation, pending community validation. '''1 WIL = 1 month of platform usage = CHF 1 nominal value.''' In the user interface, WikiDeal Rewards appear as: '''Rewards (no guarantee*)''' 💰 and '''Miles Credits''' 🔗. A possible annual percentage increase is under study (draft [[Gov/en/Portal:R&D/Innovations:Annual Value Increase|Open Call]], not decided). It is not a financial security. The name "WIL" may evolve via the [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]] process. See [[Gov/en/Portal:Economy/Rewards|Rewards Explained →]]

; Rewards / WIL Cash

: The convertible form of WIL. Rewards can be redeemed for CHF when users pay their WikiDeal Membership subscription. Tax applies at the point of cash-out. Rewards is Priority 2 allocation. Previously called "Cash Reward" or "Personal Reward", those terms ~~remain in use but refer~~ to ~~the same concept~~.

: The convertible form of WIL. Rewards can be redeemed for CHF when users pay their WikiDeal Membership subscription. Tax applies at the point of cash-out. Rewards is Priority 2 allocation. Previously called "Cash Reward" or "Personal Reward", those terms are deprecated.

; Cash-out

: When platform conditions allow (sufficient subscription revenue), you can request conversion to CHF via funding.wikideal.net.

; Gift Credits / WIL Don

: The Donation form of WIL. Gift Credits cannot be cashed out. It is allocated to community-benefit purposes: subsidized subscriptions for low-income users, User Group development grants, and the WikiDeal common pool. Gift Credits is Priority 1 allocation.

; WikiDeal Miles / WIL Miles

: The complementary currency form of WIL. Usable within Rings of Trust (agreements between ≥2 User Groups). Exchange coefficients range from 1 (restricted) to 10 (widely accepted). WikiDeal Miles enables time banking, resource sharing (housing, transport, food), and inter-community exchange without conversion to CHF.

; 5% Annual Value Increase

; Annual Value Increase

: A ~~defined algorithm in WikiDeal Prototype 1: WIL nominal value in CHF increases by 5% each year. Starting at CHF 1.00~~, ~~after 5 years 1 WIL = CHF 1.28, after 10 years 1 WIL = CHF 1.63. This provides~~ a ~~stable, predictable return anchored in CHF, comparable to conservative safe-haven instruments~~. ~~The algorithm~~ is ~~immutable (cannot be changed by any party)~~.

: A possible annual percentage increase on rewards, under study through a draft [[Gov/en/Portal:R&D/Innovations:Annual Value Increase|Open Call]] (not yet launched). No percentage is decided.

; Funder

: To "back" WikiDeal is to contribute financially to Prototype 1 via the bonding curve, receiving WikiDeal Rewards in return. A "funder" (soutien) is a person who has done so. Funding is distinct from "supporting" (general goodwill) and from "contributing" (financial return-seeking). A funder simultaneously makes a contribution, purchases conditional rights, and joins the governance community.