1. The Private Island

GCp & the Introduction of the Penalty Factory p-minus

If a Member were not to contribute in a given period of time (meaning -> their GCp in a given period T is equal to 0), the general formula wouldn’t be able to calculate their Participation Score.

To avoid that, we should extend the General Formula as follows:

$GC = 0 \rightarrow PS_{n} = PS_{(n-1)} \times p_{\tiny \ominus}$

where $p_{\tiny \ominus}$ represents a Penalty Factor.

The value of $p_{\tiny \ominus}$ should always be included between 0.1 and 0.9 (90-to-10%):

$$0.1 \ge p_{\tiny \ominus} \le 0.9$$

Hub Operators are able to customize the value of $p_{\tiny \ominus}$, and update it after the completion of the previous period T.