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MIP-7

Map Improvement Proposal 7: Multiplier, First Time Mapped Bounty

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Last updated 2 days ago

Summary

MIP-7 added a multiplier to the region rewards formula, enhancing the weekly rewards for contributors in regions that are making the most progress toward full coverage. It also created a temporary bounty program that offered 1 HONEY per kilometer of roads mapped for the first time. That bounty was subsequently deprecated on April 1, 2024.

Timeline

Detailed Changes

MIP-7 made the following changes:

  • It created a temporary bounty program that offered 1 HONEY per kilometer of roads mapped for the first time. This was intended to stabilize rewards in regions of the world that had not yet been defined as regions; this became unnecessary after region creation was completed under , so the first-time-mapped bounty was deprecated.

  • It added a Multiplier based on Region Progress that applies to the Weight of each region, for the purpose of calculating weekly rewards. The multipliers are as follows:

    • 0–70% region progress: 1x multiplier

    • 70–80% region progress: 1.5x multiplier

    • 80–90% region progress: 2x multiplier

    • 90%+ region progress: 3x multiplier

Proposal: Published
Comment Period: Complete
Outcome: Finalized
MIP-16