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==== When fungible tokens are submitted to a WSC ==== The WSC must select a worker to whom the work is assigned. The recommended way to select a worker is as follows: * DAO members (a.k.a. WREP holders) indicate their availability by staking their WREP toward the WSC. * WSC selects a worker randomly, with probability of selection for each worker weighted by that worker’s staked WREP. * To handle the initial case when no WREP has yet been minted, the WSC can accept an availability stake of 0 WREP, and all such stakes should be given equal weight in the random selection. ===== When WEV is submitted to a WSC ===== # The WSC initiates a VP targeting the WEV. # The fungible tokens are transferred to the VP. # The WREP staked by the worker toward availability is transferred to stake in favor of the VP. # All WREP holders have an opportunity to stake for or against the VP. ===== When VP is initiated ===== # WREP is minted in proportion to the fungible tokens received. The proportion is determined by the WREP Minting Ratio parameter. ===== When VP is approved ===== # Minted WREP is transferred to the WEV post, and propagated to its authors and citations, up to the depth specified by the Reference Chain Limit parameter. # Fungible tokens are distributed to all WREP holders in proportion to their WREP. ===== When VP is rejected ===== # Minted WREP is transferred to the DAO members who staked against the WEV. # Fungible tokens are distributed to all WREP holders in proportion to their WREP. Note that there may be multiple alternative WSC in play at a given time. In order to promote a healthy culture, WSC and WEV SHOULD cite contributions of other DAO members. Members SHOULD vote against WEV that violates the community’s standards. Members SHOULD vote against WEV that is submitted to an improper WSC.
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