New Tool for Board Management: Minimum Coin Requirement for Reward Access

8 months ago

As MAIN's popularity grows, many communities face content moderation challenges. Some users, in pursuit of rewards, publish low-quality content by buying minimal amounts of community tokens. This has led moderators to deal with high volumes of content removal.

Although we've addressed this issue by redistribution of rewards across communities, disabling communities with weak moderation and strengthening the role of rockets in reward distribution (for instance, in July, users with less than 0.1 board coins received around 28% of all activity rewards, which dropped to about 5% in August), the problem hasn't entirely vanished.

We've noticed many communities tackle this by setting limits on posting based on the number of coins. While this is effective, it has drawbacks:

1. It might deter new users and reduce interesting content posted. Posting restrictions prevent new users from trying popular boards before buying coins. Users without coins can't share content within restricted communities, and buying coins for a single post might not always be justifiable, leading to loss of valuable content.

2. Such a strategy doesn't completely exclude users with few coins from rewards. Even without posting, users can still take a share of rewards by evaluating others' content. Though it might not yield high rewards now, considering the small coin investment, it still provides good APY.

Hence, we're giving communities the ability to restrict reward access if users don't have the required minimum coins.

Board administrators can now set reward participation limits in the board settings (on the web platform or Android app versions 3.17.0 and above). The limit can range from 0.1 to 1 board coin.

For example, setting the limit at 0.5 coins allows all participants to post content, but only those with 0.5 or more board coins can receive activity rewards. This opens communities to new participants while solving reward theft issues and easing moderator burden.

Moreover, these limits will make users more considerate in choosing communities to join, helping communities increase their capitalization and decentralization, ultimately enhancing their own rewards.

If a board has rewards limits, you can see them in the restrictions section under board rules. Additionally, if you lack enough coins to receive rewards in a specific board, the reward banner of that community will display the corresponding restriction.

We hope the new tool will be useful and will allow you to create more exciting communities.

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