Navigating the Future: A Comprehensive Guide to Credibility Staking.

Introduction

In the rapidly evolving realm of blockchain technology, the Mande Network stands out with its innovative RollApp, now live and accessible to developers and enthusiasts alike. Situated within the Dymension ecosystem, Mande Network introduces a transformative approach to blockchain functionality through its Proof of Credibility (PoC) Software Development Kit (SDK). This guide provides a comprehensive walkthrough for engaging with credibility staking on Mande Network, from wallet integration to participating in credibility staking and quadratic voting. Whether you are a seasoned blockchain developer or a curious newcomer, understanding and utilizing the Mande Network RollApp will place you at the forefront of decentralized application development.

80% of the network inflation is allocated for staking rewards, with 50% directed towards “Governance Staking” and 30% towards “Credibility Staking.” If you hold a relatively large amount of $MAND tokens, “Governance Staking” is the best strategy to earn inflation rewards. Conversely, if you are starting with a smaller amount of $MAND tokens, “Credibility Staking” is highly recommended, particularly if you can exchange stakes with many other users. Please note, do not bridge your $MAND tokens to the Dymension portal if you wish to participate in either Governance Staking or Credibility Staking.

Note: Please do not bridge your $MAND tokens to the Dymension portal if you wish to participate in Governance Staking or Credibility Staking.

2. Getting Started with the Mande Network RollApp Mainnet

To begin your journey with the Mande Network RollApp Mainnet, first navigate to the official portal at app.mande.network. Here’s a detailed guide to get you started:

Sign in with your Mande (native) Network Wallet Address via Metamask

Connecting Your Wallets
The Mande Network supports Ethereum (EVM) wallets, facilitating a broad participation base. Here are the steps to connect your wallet:

1. Select Your Wallet: Choose from popular EVM wallets like Metamask. These wallets are integral for interacting with the blockchain ecosystem.
2. Connect to the RollApp: Follow the platform’s instructions to connect your wallet. This process typically involves selecting the Mande Network from the network list in your Metamask wallet and confirming the connection from within the extension.
3. Confirmation: Once connected, you should see the Mande Network logo wallet address the Mande RollApp Mainnet UI (top-right), confirming that the integration is successful.

This initial setup is crucial as it links your digital identity with the Mande ecosystem, allowing you to participate fully in the activities.

3. Claiming Your Airdrop

Participation in the Mande Network is incentivized through an airdrop of $MAND tokens. To claim your tokens, adhere to these guidelines:

Direct yourself to the Airdrop page, connect your X (Twitter Account), Your Mande Network Wallet Address (if you have not already) and then link the wallet with X (Twitter).

Requirements for Claiming the Airdrop

• Link Your Twitter Account: Connect your X(Twitter) account to your Mande Network profile. This step is essential for identity verification and community engagement.
• Connect Your Wallet: Ensure that your wallet is properly linked as described in the previous section.
• Hit the Connect Both Button: Once both your Twitter account and wallet are linked, press the designated button to finalize the connections between the wallet and the X (Twitter) .

Upon successful completion of these steps, some (≈2) $MAND will be deposited into your account, marking your official entry into the Mande Network ecosystem.

4. Engaging in Credibility Staking

Credibility staking is a foundational aspect of the Mande Network, enabling users to assign and stake credibility on peers within the network. This process leverages the innovative quadratic voting system to allow users to express the intensity of their trust in others.

Quadratic Voting Mechanism
Quadratic voting rewards more people supporting you over tokens that are staked on you. For example if one friend stakes 100 $MAND tokens on your address you get √100 = 10 credibilty points,But if same 100 $MAND tokens are staked by 4 different friends at $25 each you get 4*√25 = 20 credibilty points. Read more here

Next, partake in credibility staking by staking $MAND on your friends or reputable on-chain personas, build on your reputation to get credibility staked on similarly.

How to Stake

• Enter Stake Address: Navigate to the credibility-staking dashboard and input the address of the user you wish to stake $MAND on.
• Denote Stake Quantity: Decide the amount of $MAND you want to allocate. Its best to vote on many address to have maximum impact of your vote given the quadratic voting scheme. This amount represents your vote of confidence in the user’s credibility.
• Confirm Your Stake: Execute the staking transaction by clicking the “stake” button. You can then gauge under the ‘Stake’ button the Credibility you attributed to the wallet.
• Locked $MAND: You get credibility-given points in return for doing so, relative to your staked-on $MAND (shown as ‘locked’ on the dashboard).

Monitoring Your Influence
On the credibility staking dashboard you can monitor:

• Locked $MAND: View the total amount of $MAND you have staked on others in the form of ‘Credibility Given’ score on the Leaderboards (proportional).
• Total Credibility Score: Track how much $MAND others have staked on your Credibility as a ‘persona’ on-chain on the Leaderboard. Your credibility score reflects the collective trust the community places in you, influenced by the amount and intensity of $MAND staked on you.
• Check recent staking activity on you, from the community members on the ‘Staking Activity’ in the bottom half of the screen.

On the staking page, gauge the credibility points earned, CRED rewards to be had (distributed weekly) which is correlated to the weekly CRED reward % yield.

Engaging with the Community
Credibility staking is more than just a transaction; it’s a community engagement tool that fosters trust and builds social capital within the Mande Network. By staking on a peer, you are essentially endorsing their reputation within the ecosystem, which can elevate their standing on the Credibility Leaderboard.

5. Understanding the Credibility Leaderboard

The Credibility Leaderboard is a dynamic feature of the RollApp that ranks users based on their CRED score, reflecting their perceived trustworthiness and influence within the Mande community.

Gauge your Credibility Score on the Leaderboards section of the page for optics of the grand scheme view of things.

Tips to grow your rank on the Credibility Leaderboard:

• Find people to exchange stakes with: Focus on finding a large number of individuals who are willing to do small stakes with you organically. Typically, a 1–1 stake exchange would be beneficial. However, if you have access to more people who can trust and cooperate with you, you can also consider lower values such as 0.1–0.1 stake exchange.
• Voting on yourself will only give you a maximum credibility score of 5. Your best strategy is to locate a significant number of people who are willing to cooperate with you and exchange small stakes.

If you possess significant influence, you can convince a large number of people to stake all their $MAND tokens on you. However, note that it may be unfair to your followers as they wouldn’t receive any reward for staking on you.

Conclusion

Engaging with the Mande Network RollApp equips users with firsthand experience in a first-of-its-kind credibility infused blockchain environment. By actively participating in wallet integration, airdrop claims, and credibility (&g givernance) staking, you contribute to the development of a more reliable and scalable blockchain ecosystem. Your involvement not only enhances your understanding of blockchain operations but also helps in shaping a more transparent and credible-trust based future.

This guide should serve as your anchor to navigating and maximising your experience within the Mande Network RollApp Mainnet. Embrace this opportunity to be at the forefront of blockchain innovation and credibility Infrastructure.

Get Involved

To become a part of the Mande Network’s journey and stay informed about partnerships, launch schedules, and token details, follow us on our official communication channels, including :

Twitter 🐦
Discord 💬
LinkedIn 💼
Website 🌐

“I am because you are”