Phase 1: User-Led Labeling Incentive Mechanism (0-6 Months)

Users can annotate their own on-chain transaction data (e.g., transaction types, address identities) through Mercury’s smart contracts. In return, the system rewards users with points based on the quality and quantity of their contributions, fostering a user-driven tagging ecosystem.

Core Objectives:

  • Incentivizes user participation in building on-chain data infrastructure

  • Establishes a high-quality tag knowledge base to support advanced services

  • Points can be redeemed for services, governance participation, or platform engagement benefits

Revenue Sources:

  • Ecosystem Incentives from Public Chains: Collaborate with major blockchains to receive rewards for contributing to the ecosystem (e.g., grants, technical integration incentives).

  • Gas Subsidy Mechanism: Encourage user participation by reimbursing gas fees, supported by public chains or DApps partners.

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