Re: [ANN][SEM] Semux - Official Thread

Don't have enough merit to participate in the sig campaign. I feel like this will limit the distribution of the project to a lot of newer folk at btc-talk. But obviously I'm a bit biased, however I think the 100:1 reward ratio is too skewed as others mentioned from legendary to lowest eligible rank..others feel free to disagree.

You need to be at least at Member rank with 10 merits at least to apply joining the SEMUX current signature company.
The fact is, members below Member rank (except Copper Member) can not wear signature codes with links.
I guess, this is why the campaign limited participants for Member rank and above.

Hey, what it says is that a legendary member has 1000 merits, and a member member has only 10 merits. The result of calculating stakes is that 1 legendary member = 100 member= 10 full member , which is an overly disparity way of distribution.

As far as I can see there is a cap of 500 merit?

where does it say that the distribution is based on merits?
As far as I understand it, merits are just an entry barrier. There is no modifier for ranks anymore. The more post you make the higher your activity the more SEM you'll get. Can anyone confrim this?
It could lead to extreme spam though if there is no cap for posts.

From the campaign rules.

Quote

4. The rewards will be proportionally distributed to participants based on their merit scores (capped at 500):
- The reward allocation is 20,000 SEM per week;
- Payments are processed on Sunday.

Ah, I missed that part. However, is this base merit or extra merit? An old legendary got 1k merit for free. It would make sense to only count merits above 1k for these guys.