User-reward emission
4.3 How rewards flow into bINT
The user-reward pool is governed by the allocation table in 4.17. Inside that pool, daily emission is metered by a curve that takes monthly active usage as its primary input. The curve has three properties worth naming:
- Stepwise growth toward a peak. As MAU grows through defined bands, the daily emission pool expands in steps rather than continuously. This avoids cliff effects when activity oscillates near a threshold.
- Bounded peak. The daily pool grows stepwise to a peak band, then holds. After peak, additional MAU raises per-user contribution density. The band values are calibrated in production and not published.
- Long horizon. The user-reward rail is sized to last a 15-year horizon. The reward share of supply (64.35 billion INT, see 4.17) is the budget; the curve is the meter.
The stepwise function — the MAU bands, the daily-pool values per band, and the transition behaviour — is documented in 4.19. Band boundaries are re-tuned as observed activity evolves.
4.4 The bINT → INT conversion lifecycle
bINT accrues off-chain when a receipt clears the trust layer (03). It settles to INT through a periodic epoch rather than a per-user on-chain conversion call. The lifecycle:
accrue → settle (epoch) → claim → INT in user wallet- Accrue. Per receipt, in the off-chain accounting layer. For a verified payment proof, the payment component is the sourced hidden-cost percentage multiplied by the current circulation coefficient. The coefficient starts at 4 and declines toward 1 as circulating INT grows. A receipt with at least one specific, machine-extracted product line can also receive the fixed 100 bINT product contribution. Honor is applied after the two components, and the purchase-group and daily ceilings are applied before crediting bINT. The receipt total and an FX conversion are not inputs to this bINT formula.
- Settle. Each epoch, the engine sums the contribution ledger over the epoch window and converts it to INT at a flat 1:1 ratio (4.24). Points earned before the epoch window closes settle in that epoch. The engine builds a distribution list, an independent verifier checks it (4.17), and the resulting root is published to the audited distributor.
- Claim. The user claims their INT directly from the distributor into a standard SPL wallet, transferable. Treasury holds the INT until claimed; there is no separate vesting step.
The bINT v2 ledger does not apply a later soft-cap or pro-rata reduction to already granted bINT. Source budgets and user caps are enforced atomically when the economic event is written.
4.5 Daily ceiling, in tokenomics terms
Level sets the personal purchase-group quota (2 groups at L1–9, 3 at L10–50) and does not increase the per-group amount. Honor/health multiplies the per-receipt reward rate within the 750 personal and 1,000 combined bINT caps. The circulation coefficient controls the payment component and moves from 4 toward 1 as circulating INT grows; it is separate from the fixed 1:1 bINT → INT settlement ratio.
This decomposition matters because it lets the protocol re-tune either factor while preserving tokenomics. A market expansion or level-system rebalance can shift the ceiling tables; an abuse wave compresses the health distribution and, with it, the effective reward rate.