v1.0.0 October 20, 2021 - lunrtoken.com

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October 20, 2021 v1.1.0 ©2021 Lunr v1.0.0 October 20, 2021

Transcript of v1.0.0 October 20, 2021 - lunrtoken.com

Page 1: v1.0.0 October 20, 2021 - lunrtoken.com

October 20, 2021 v1.1.0

©2021 Lunr

v1.0.0 October 20, 2021

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©2021 Lunr

ABSTRACT Your attention is being monetized. Only not by you. Up until January 3, 2009, there was not a solve for creating a self-sustaining value transfer ecosystem at scale. The bitcoin white paper was not a disruption of money, it was a disruption of any value transfer, money has been the only descriptor because we are re-writing the language of what it means to have value. It is not about learning how protocols, blockchains, and smart contracts work. It is about unlearning what you already know. It is difficult to unlearn. It means going face-to-face with knowing you were wrong. However, you should not transpose being wrong with not being intelligent. By embracing your faults and then moving quickly to adjust your knowledge is where you find intelligence. You should actively try and seek out every corner of your mind holding a misconception, and question it, challenge it. Lunr challenges you to believe in a better way. We challenge you to be the forger of your own path. To take back your sovereignty online.

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CONTRACT OVERVIEW Lunr, also Lunr Token, is the first protocol utilized by LunarCrush. A basic outline of the contract is listed below.

Max Supply: 250,000,000 Base Contract: ZRC-2, a Zilliqa Smart Contract Contract Address: zil1xxl6yp2twxvljdnn87g9fk7wykdrcv66xdy4rc

The Lunr supply is broken up simply into three (3) categories: Community: 127,500,000 Address: zil13zmkqkpke5k9yhx70wd0ffema2fun5qckd3h30 Operations: 72,500,000 Address: zil1lpz2l5u7epuhw6fat7vdd4uncdc3t9ptdllndh Initiatives: 50,000,000 Address: zil14nge44stlxga2ajzemdrexxanqs3943esxvtxl

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RELEASE SCHEDULES Community: 127,500,000 A majority of tokens, 51%, will be earned via proof of one’s work on the protocol towards the LunarCrush ecosystem. In the very beginning, community members will do the things they already do on LunarCrush, research and analysis, referring people to join, and accomplishing tasks. Each day those community members will split a pool of Lunr. The daily release schedule is shown below. More information on how to earn points will follow in a later section. Daily Rewards Month 1 – 24: 65,000 Lunr released a day Month 25 – 48: 32,500 Lunr released a day Month 49 - 60: 16,250 Lunr released a day Weekly Rewards Month 1 – 24: 50,000 Lunr released every 7 days Month 25 – 48: 25,000 Lunr released every 7 days Month 49 - 60: 12,500 Lunr released every 7 days Community tokens left after 60 months: 35,992,500 or 14.40% of Max Supply At approximately the beginning of Month 51, which is January 23, 2026, or Day 1556, of the release schedule. The community will come together to confirm the final release schedule of remaining 14.40%. Ultimately, Day 1556 is 3 subsequent days after the anniversary day of the release of October 20, 2021 as the year 2024 is a leap year, and October 20, 2021 is Day 0. Operations: 72,500,000 A smaller portion, 29%, will be utilized to operate and provide the infrastructure for the ecosystem to exist. This is where team and strategic partners are allocated. Many of which are strategic members of the industry which allowed us to quickly scale to a level expected of a premier project. Operation

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allocations will be released depending on a member’s role and impact in the ecosystem. 17.79% will begin linearly releasing on Day 90, starting January 21, 2022 and will release for the 24 months, ending on Day 780. 11.21% will begin linearly releasing on Day 90, starting January 21, 2022 and will release for the 9 months, ending on Day 330. Initiatives: 50,000,000 The final portion, 20%, will be utilized for Initiatives. Initiatives include community growth efforts and liquidity for the protocol. Initiatives will be released linearly for 24 months starting on Day 0 ending on Day 1801.

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EARNING REWARDS Meritocracy. A system in which advancement is based on individual ability or achievement. Moreover, Lunr believes in a system of members working individually where the advancement of the Community creates a higher index of achievement for everyone. The community member benefit looks like the below: Members earn rewards in the fashion of points, the more consistent you are with earning rewards, the higher your bonus reward multiplier becomes. At the end of every 24-hour cycle, all the points are tallied, and then Lunr is distributed pro-rata based on a share of rewards in each 24-hour cycle.

Daily Rewards Example: Using 65,000 Lunr/Day Begin 24-hour cycle, 00:00:00 UTC Daniel: 3,134 points Livia: 2,176 points Oliver: 5,219 points End 24-hour cycle, 23:59:59 UTC Total points earned = 10,529 Daniel: 29.76540982% equaling 19,347.5164 Lunr Livia: 20.66672998% equaling 13,433.3745 Lunr Oliver: 49.5678602% equaling 32,219.1091 Lunr Weekly Rewards Example: Using 50,000 Lunr/7-Days Begin 7-day cycle, Day 4, 00:00:00 UTC --End 7-day cycle, Day 11, 23:59:59 UTC The top 5% of the community members by points will share 10%, the top 45% by points will share 35%, the top 50% by points will share 20%, then all members in Level 2 will share 15%, and all members in Level 3 will receive 20%.

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Example using 50,000 Lunr and 100,000 Members in the top 10% Level 2+: Level 2: 80,000 members Level 3: 20,000 members Level 2+: 100,000 members Top 5% split 10%: 500 split 10.0000 Lunr per member Top 45% split 35%: 4,500 split 3.889 Lunr per member Top 50% split 20%: 5,000 split 2.000 Lunr per member All Active Level 2: 80,000 split 0.0938 Lunr per member All Active Level 3: 20,000 split 0.5000 Lunr per member

Current Reward Actions

Action Description Points Limits Max Daily Points

Onboard - New Account Sign Up When a member signs up through the LunarCrush site or app, they will be rewarded points. This is a one-time event. 25 1 25

Onboard - Add Holdings When a new member first adds coins and holdings to their account, they will be rewarded with points. This is a one-time event.

25 1 25

Onboard - Add First Alert When a new member adds a first alert to their account, they will be rewarded with points. This is a one-time event. 25 1 25

Onboard - Connect Twitter Account When a new member first connects their Twitter account to their LunarCrush account, they will be rewarded with points. This is a one-time event.

25 1 25

Daily Active User Users will receive one point every time the member visits the LunarCrush site or app daily, independent of session duration.

1 1 1

Share - Link Share

There are many share buttons throughout the LunarCrush site and app which allow for members to share out relevant data as well as the ability to sign up their friends. When a member first hits the share button, they will earn one point just for clicking the share button. This is independent of any associated metrics such as link clicks, etc. The number of points earned by doing this will be limited to prevent meaningful manipulation.

2 10 20

Share - Link Click

Whenever any shared link from the LunarCrush site or app is shared out, we will capture all clicks from all shared links back to the originating member account. This metric will be capped to prevent manipulation.

1 149 149

Friend Signup

Every time a member shares out a link from the LunarCrush site or app, a trackable URL will give a member credit for signing up a friend. Friend Signups can occur from ANY shared link whether it be a specific friend referral or any other URL share from the LunarCrush site or app. This metric will be capped to prevent manipulation.

5 30 150

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Current Multipliers

Multiplier Type Multiplier Description Tiers Multiplier

Referrals (Number of signups)

Depending on how many friends a member signs up within a 30-day period, the member will receive a multiplier on their total maximum daily points.

1-4 1

5-10 1.2

11-49 1.4

50-99 2

100+ 3

Daily Usage Streak (Number of days)

If a member continues to use the LunarCrush site or app each day, they achieve a higher level of point multiplier. If the member skips a day of site usage, the streak starts over.

1-2 1

3-6 1.2

7-20 1.4

21 2

30+ 3

Share Links (Number of clicks)

As a member shares posts and the URLs within those posts get clicks, we will track how many clicks all their links get. As they achieve more clicks on posts, they achieve a higher level of multiplier.

1-9 1

10-99 1.2

100-999 1.4

1,000 - 9,999 2

10,000+ 3

LEVELS Levels are gained through the claiming and collection of Lunr, Lunr is earned by collecting and claiming based on your daily and weekly reward points. Points are earned by actively engaging in activities across LunarCrush. Levels are core to the ecosystem and the building of levels 4 and 5 have already commenced. When updates to levels are made, an addendum to this whitepaper will be published. Levels will continue to grow in perpetuity.

Level 0 Level 1 Level 2 Level 3

Lunr Hodling Requirements N/A 0 Lunr 30 Lunr 100 Lunr

Bonus Rewards N/A N/A L2 Bonus L3 Bonus

Data Duration Up to 1 week Up to 3 months Up to 1 year Up to 2 years

User Account No Yes Yes Yes

User Profile No Yes Yes Yes

Wallet No Yes Yes Yes

Points No Yes Yes Yes

Market Metrics Yes Yes Yes Yes

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Social Metrics Yes Yes Yes Yes

Coin Galaxy Score Metric Limited (No Galaxy Scor™e detail)

Limited (No Galaxy Score™ detail) Yes Yes

Coin AltRank Metric Limited (No AltRank™ detail pages)

Limited (No AltRank™ detail pages) Yes Yes

Dashboard Limited (No personalized feed/portfolio/favorites) Yes Yes Yes

Feed Limited (8 only, not personalized)

Yes (Personalized + Trending)

Yes (Personalized + Trending)

Yes (Personalized + Trending)

Alerts No Yes Yes Yes

Global Alerts No No No Yes

Catch-All Alerts No No No Yes

Notifications No Yes Yes Yes

Portfolio No Yes Yes Yes

Coin of the Day Yes Yes Yes Yes

Markets Yes Yes Yes Yes

Coin Detail Pages Yes Yes Yes Yes

Exchange Detail Pages Yes Yes Yes Yes

Explore Limited (Only top 8 on any query) Yes Yes Yes

Influencers Limited (Only top 8 on any query) Yes Yes Yes

Settings No Yes Yes Yes

About Yes Yes Yes Yes

Legal Yes Yes Yes Yes

FAQ Yes Yes Yes Yes

Search Yes Yes Yes Yes

EXISTING COMMUNITY REWARD DISTRIBUTION For the members who have been a part of the community for so long and have already put in the proof of work towards the protocol, they will receive an allocation reward based on six tiers. The original allocation amount of 780,000 Lunr tokens will only have 779,907.2500 go out autonomously. The allocation of the remaining 92.7500 Lunr from the community reward will be decided on at a later point in time as the community sees fit.

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Table representing the Existing Community Rewards Distribution

Criteria Tier 1 Tier 2 Tier 3 Tier 4 Tier 5 Tier 6

Lunr Rewarded Per Member 110.00 60.00 20.00 12.00 8.00 3.55

Total Usage > 200 100-199 50-99 25-49 10-24 5-9

Total Members 1,719.00 2,379.00 4,782.00 8,596.00 20,078.00 24,975.00

Total Lunr Distributed 189,090.00 142,740.00 95,640.00 103,152.00 160,624.00 88,661.25

CLOSE We invite you, the user as they call you, to rewrite the way you interact online. To instead, think of yourself as a community member and treat others the way you want to be treated. We call on everyone to do better. To not take the easy way out and instead, take path less traveled. Build the hard thing, the better thing, not the easy thing. Lunr represents a new way to treat your community. It was the hard thing, the better thing, not the easy thing. And guess what? Anyone can do it. Grit your teeth, create value, and build the hard thing. L°

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Addendum v1.1.0 October 20, 2021

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GOVERNANCE In protection of fair distribution, Lunr is announcing governance and voting rights. Day 0 – 60 Data gathering, research, community outreach Day 45 – 90 Governance system planning and design Day 120 Anchor Proposal – Informed through research, planning, and design. Anchor Proposal will include adjustments or affirmations to all Proposal Types:

1. Lunr Release Schedule and Amounts 2. Daily and Weekly Rewards 3. Reward Multipliers 4. Levels

At each level achieved, starting with level 2, community members will receive an NFT representing the pro-rata share of their voting rights. Level NFTs are activated by the corresponding hodling requirements in Section 4. It is important to note, any Lunr holder who can prove the ownership of an address with enough Lunr to achieve level 2 status is a valid voter. The levels are a protocol wide implementation. Level 2: 1 Vote Level 3: 1 Vote Level 4: 1 Vote Level 5: 1 Vote As the community votes to add new levels, each new level shall only be worth 1 new vote. This prevents an abundance of power for members who hold a large amount of Lunr, but still rewards individuals for their proof of work towards to the protocol. We call this, Protocol Participation Parity.

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SUBMITTING PROPOSALS After a community member achieves Level 4 on the Lunr protocol, they will now be allowed to submit proposals via our new governance portal. Any level above 4 will continue to be allowed to submit proposals thereafter as new levels may be added by the community, the Level 4 NFT mint will become the key to proposal submission. 66.667% quorum is needed for proposals to pass and be implemented, this can be voted on and adjusted through a proposal submission and subsequent successful quorum and passed vote. A supermajority of 55.00% of quorum must be achieved for a proposal to be implemented. There is a 30-day time limit on Active proposals. If 30-days has passed and a proposal has not achieved quorum, proposals will be closed. PROPOSAL TYPES 1. Lunr Release Schedule and Amounts Community members above level 4 are open to submit proposals adjusting the Lunr release schedule and distribution amounts. Current Lunr Rewards: Daily Rewards Month 1 – 24: 65,000 Lunr released a day Month 25 – 48: 32,500 Lunr released a day Month 49 - 60: 16,250 Lunr released a day Weekly Rewards Month 1 – 24: 50,000 Lunr released every 7 days Month 25 – 48: 25,000 Lunr released every 7 days Month 49 - 60: 12,500 Lunr released every 7 days

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2. Daily and Weekly Rewards Community members above a level 4 are open to submit proposals adjusting the daily and weekly reward actions and amounts. They can also submit proposals to include new features the project team includes. Current Point Rewards:

Action Description Points Limits Max Daily Points

Onboard - New Account Sign Up When a member signs up through the LunarCrush site or app, they will be rewarded points. This is a one-time event. 25 1 25

Onboard - Add Holdings When a new member first adds coins and holdings to their account, they will be rewarded with points. This is a one-time event.

25 1 25

Onboard - Add First Alert When a new member adds a first alert to their account, they will be rewarded with points. This is a one-time event. 25 1 25

Onboard - Connect Twitter Account When a new member first connects their Twitter account to their LunarCrush account, they will be rewarded with points. This is a one-time event.

25 1 25

Daily Active User Users will receive one point every time the member visits the LunarCrush site or app daily, independent of session duration.

1 1 1

Share - Link Share

There are many share buttons throughout the LunarCrush site and app which allow for members to share out relevant data as well as the ability to sign up their friends. When a member first hits the share button, they will earn one point just for clicking the share button. This is independent of any associated metrics such as link clicks, etc. The number of points earned by doing this will be limited to prevent meaningful manipulation.

2 10 20

Share - Link Click

Whenever any shared link from the LunarCrush site or app is shared out, we will capture all clicks from all shared links back to the originating member account. This metric will be capped to prevent manipulation.

1 149 149

Friend Signup

Every time a member shares out a link from the LunarCrush site or app, a trackable URL will give a member credit for signing up a friend. Friend Signups can occur from ANY shared link whether it be a specific friend referral or any other URL share from the LunarCrush site or app. This metric will be capped to prevent manipulation.

5 30 150

3. Reward Multipliers Community members above a level 4 are open to submit proposals adjusting the reward multiplier amounts and actions. Current Multipliers

Multiplier Type Multiplier Description Tiers Multiplier

Referrals (Number of signups)

1-4 1

5-10 1.2

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Depending on how many friends a member signs up within a 30-day period, the member will receive a multiplier on their total maximum daily points.

11-49 1.4

50-99 2

100+ 3

Daily Usage Streak (Number of days)

If a member continues to use the LunarCrush site or app each day, they achieve a higher level of point multiplier. If the member skips a day of site usage, the streak starts over.

1-2 1

3-6 1.2

7-20 1.4

21 2

30+ 3

Share Links (Number of clicks)

As a member shares posts and the URLs within those posts get clicks, we will track how many clicks all their links get. As they achieve more clicks on posts, they achieve a higher level of multiplier.

1-9 1

10-99 1.2

100-999 1.4

1,000 - 9,999 2

10,000+ 3

4. Levels Community members above a level 4 are open to submit proposals adjusting the Lunr hodling requirement for each level. Members are also open to submit proposals for the addition of new levels and the requirements to achieve them. Table representing new governance levels 4 and 5 highlighted below.

Level 0 Level 1 Level 2 Level 3 Level 4 Level 5

Lunr Hodling Requirements

N/A 0 Lunr 30 Lunr 100 Lunr 250 Lunr 500 Lunr

Governance NFT No No Yes Yes Yes Yes

Governance Voting No No Yes Yes Yes Yes

Bonus Rewards N/A N/A L2 Bonus L3 Bonus L4 Bonus L5 Bonus

Data Duration Up to 1 week Up to 3 months Up to 1 year Up to 2 years Up to 5 years All-Time

User Account No Yes Yes Yes Yes Yes

User Profile No Yes Yes Yes Yes Yes

Wallet No Yes Yes Yes Yes Yes

Points No Yes Yes Yes Yes Yes

Market Metrics Yes Yes Yes Yes Yes Yes

Social Metrics Yes Yes Yes Yes Yes Yes

Coin Galaxy Score Metric Limited (No Galaxy Scor™e

detail)

Limited (No Galaxy Score™

detail)

Yes Yes Yes Yes

Coin AltRank Metric Limited (No AltRank™ detail

pages)

Limited (No AltRank™ detail

pages)

Yes Yes Yes Yes

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Dashboard Limited (No personalized

feed/portfolio/favorites)

Yes Yes Yes Yes Yes

Feed Limited (8 only, not

personalized)

Yes (Personalized +

Trending)

Yes (Personalized +

Trending)

Yes (Personalized +

Trending)

Yes (Personalized +

Trending)

Yes (Personalized +

Trending)

Alerts No Yes Yes Yes Yes Yes

Global Alerts No No No Yes Yes Yes

Catch-All Alerts No No No Yes Yes Yes

Notifications No Yes Yes Yes Yes Yes

Portfolio No Yes Yes Yes Yes Yes

Coin of the Day Yes Yes Yes Yes Yes Yes

Markets Yes Yes Yes Yes Yes Yes

Coin Detail Pages Yes Yes Yes Yes Yes Yes

Exchange Detail Pages Yes Yes Yes Yes Yes Yes

Explore Limited (Only top 8 on any

query)

Yes Yes Yes Yes Yes

Influencers Limited (Only top 8 on any

query)

Yes Yes Yes Yes Yes

Settings No Yes Yes Yes Yes Yes

About Yes Yes Yes Yes Yes Yes

Legal Yes Yes Yes Yes Yes Yes

FAQ Yes Yes Yes Yes Yes Yes

Search Yes Yes Yes Yes Yes Yes

Additional feature sets will be included at launch and listed above. PROPOSAL IMPLEMENTATION After a submitted proposal has achieved quorum and passed the supermajority, the community has 45 days to respond with the implementation plan. The community can implement the passed proposal at any point before the 45 days. DATA INTEGRITY After the daily close of Daily and Weekly reward point distributions, the anonymized data will be published to the blockchain for the community to

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independently audit, and more importantly, to have a sufficient data set to ideate on new and better ways to implement features. Lunr rewards will be public via the Zilliqa Block Explorer at https://viewblock.io CLOSE Governance is vital for the long-term success of the protocol. Through decentralizing essential tasks and memorializing governance voting, the community will continue to grow as the speed of trust increases. A major flaw in other governance systems is the ability to buy your way to an outsized portion of voting rights. The improvement of these systems is not equivalent to power of magnitude advancement decentralized ledgers offer. By leveraging Protocol Participation Parity community members can work their way towards governance voting and have confidence their voice will be heard. L°