⭐Reputation system
The protocol will include the reputation system based on ratings of protocol participants. Ratings will be collected as part of protocol transactions and aggregated by Validators. Ratings will be publicly available to all system participants via on-chain system calls.
Set of AI agents will be deployed to gather the reputation data from protocol participants. Those agents will be pre-trained to eliminate bias and manage the accurate ratings.
The Balance AI reputation system will be built into the on-chain protocol that guarantees the constant results. Every change of the algorithm can only be done via hardfork and requires all DAO approval.
In the first phase of rolling out the protocol, the consensus blockchain will have a registry of all good standing participants. That registry will be maintained manually by DAO team. On top of that the staking system described in previous chapter will be used in order to incentify proper behavior.
Next phase will involve adding more sophisticated checking system based on ratings of each protocol participant. In the context of suppliers, their rating will determine amount of stake needed to participate in the system. The newcomers, having a low score and limited history, would have to stake more in order to participate. The system would balance the risks in a autonomous way using the AI Agents.
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