Matty Crypto

Commitment Value is the protocol’s scoring system for measuring conviction. It is how the Reserve Class divides up every penalty and reward that gets paid out. The formula in plain terms CV is a function of two inputs: how much pMINT is locked and how long it is locked for. Both matter. A small Reserve locked for the maximum duration can score higher than a large Reserve locked for a short window. The time component is weighted, so doubling the duration is worth more than doubling the size. This is what pushes the Class toward longer commitments rather than just bigger ones. Why it scales into the billions The 65.33B total CV across 198 Reserves looks huge because CV multiplies size by time. 5.37M pMINT locked across an average of 4.3 years compounds into a very large number. The unit itself is not dollars or tokens, it is a pure ratio used to slice up rewards. Your CV divided by Eligible CV equals your share of any payout. Eligible vs Total CV Total CV (65.33B) counts every active Reserve. Eligible CV (54.10B) only counts Reserves that have cleared the 24h cooldown. The gap exists because newly built Reserves wait one day before they start earning. This stops anyone from front running a known drain by minting right before the penalty hits. How CV decides payouts When a Reserve drains early, the penalty pMINT gets split. Part is burned forever. Part goes to the Loyalty Pool. The Loyalty Pool is then claimable by every active Reserve in proportion to its Eligible CV. If your Reserve holds 1% of Eligible CV, you receive 1% of that distribution. Same logic applies to pDAI dividends flowing through the system. Why it rewards patience CV decays slightly as your Reserve ages toward its unlock date, because remaining lock time is part of the score. A fresh 4 year Reserve will outscore a 4 year Reserve with only 6 months left on it, even if the pMINT amount is identical. This keeps the math honest. You earn from conviction that is still ahead of you, not behind you. Bottom line: CV is how the protocol measures who has the most skin in the game right now, and it rewards them accordingly.

feels like $hex, $btc and $pdai have a baby together, $pmint