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Gora Docs
Economic Design
Economic Design
  • Project Overview
    • Tokenomics Summary
  • Market Design
    • Ecosystem Participants
      • Feed Providers
      • Consumers
      • Node Runners
      • Community Members
    • Market Thickness
      • Initial Distribution Protocol
      • Partnerships
    • Market Congestion
    • Safety and Ease of Use
      • System Safety & Security
      • Ease of Use
      • Legal Jurisdiction
  • Mechanism Design
    • Governance
      • Decision Making Protocol
      • Resolution Mechanism
    • Non-Financial Incentives
      • Allocation Mechanism
    • Structure
      • Bargaining Protocol
  • Token Design
    • Monetary Policy
    • Financial Incentives
      • Platform Activities
      • Return to Investment/Stake
    • Architecture
      • Property Rights
      • Distribution
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  1. Mechanism Design
  2. Governance

Resolution Mechanism

In the context here, A resolution means when a participant completes an action, whether an honest or dishonest action, that participant expects a resolution, in the form of a reward, punishment or some other promise.

The resolution mechanisms is slightly different for different participants, but ultimately collapse to rewards and punishments.

Group
Honest action
Dishonest action
Honest Resolution
Dishonest Resolution

Feed Provider

  • Provide quality feed

  • Respond to queries (uptime)

  • Provide poor quality or malicious feed

  • Don’t respond to queries

  • Financial Rewards

  • Increased Reputation (subscribers will be more likely to select)

  • Decreased Reputation

  • Removal from Aggregated Data Providers

Node Runner

  • Participate in voting

  • Propose, certify and vote on honest blocks

  • Too much downtime

  • Propose, certify and vote on dishonest blocks

  • Financial Rewards

  • Exclusion from rewards

  • Public visibility of poor performance (e.g. poor reputation)

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Last updated 1 year ago