Mining Comprehensive Guide

The Almanac incentive mechanism is designed to reward genuine predictive intelligence, not luck, variance, or spam. Unlike traditional prediction systems where a single lucky bet can skew results, Almanac uses a rigorous, multi-layer reward engine that identifies sustained, repeatable skill.

At the core of Almanac is a simple idea:

Reward traders not only for profit, but for being right in a statistically meaningful way.

To achieve this, Almanac transforms trading activity into a continuous truth tournament, distributing Alpha Tokens to the users and miners who consistently provide the most informative signals.


Key Properties of the Mechanism

1. Rewards Based on Information, Not Variance

Randomness, variance-hunting, and one-off lucky wins are filtered out through:

  • 60-day rolling history

  • Volume decay

  • Eligibility rules (min epochs + min trades)

  • ROI thresholds

Only traders with consistent, repeatable accuracy earn meaningful rewards.


2. Adaptive Reward Surface

A dynamic parameter called kappa adjusts the “exchange rate” between signal and Alpha rewards. When the network is performing well, rewards become more selective. When signal is harder to find, rewards become more permissive.

This creates a moving difficulty system that adapts to market conditions.


4. Focus on Sustained Edge

The system explicitly favors traders who:

  • Produce winning qualified volume

  • Maintain positive long-term ROI

  • Trade with meaningful conviction

  • Are active over time (minimum epochs, minimum predictions)

Short-term pumps or high-variance gambling do not survive the optimization.


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