Learn Protocol

Welcome to Learn Protocol. Imagine a Q&A website where you can earn money by helping other people learning new things. That's the motivation of Learn Protocol.

What is Learn Protocol?

Learn Protocol is a platform that rewards users for teaching. Users can earn $LP tokens by helping others learn. The protocol is built on the EDU Chain and uses a custom ERC-20 token as its native currency. Our greatest mission is to motivate people to teach what they know by rewarding them.

How it works?

In Learn Protocol, users ask and answer questions, just like any other Q&A platform. For every upvote your answer gets, you earn $LP tokens. The more upvotes you get, the more $LP tokens you earn. On the contrary, if your answer gets downvoted, you lose $LP tokens. The amount of $LP tokens you earn or lose is determined by the smart contract.

To gain more upvotes, you should detail your answers and provide more information. The more information you provide, the more likely you are to get upvotes.

How to withdraw?

Before you withdraw your earned $LP tokens, you need to complete 2 steps:

1. Verify your account. In order to claim your $LP tokens, you must verify your Learn Protocol account. For that, you need to transfer 1 EDU coin to the treasury wallet.

2. Get at least 50 upvotes. Answer some questions and gain upvotes from other users. You need a minimum of 50 upvotes to activate $LP withdrawals.

After you complete these steps, you can withdraw your $LP tokens. You can withdraw your $LP tokens to any wallet that supports ERC-20 tokens.

Economy

Prize Distribution

The initial halving threshold is 100,000 $LP tokens, and the initial upvote prize is 1 $LP token per upvote. That means, until the total upvote amount reaches 100,000, each upvote is worth a single $LP token. We can calculate the prize pool with these variables.

The prize pool is calculated with the formula above. That means the total prize pool is 200,000 $LP tokens. The upvote prize is halved every 100,000 upvotes.

Tokenomics

The total supply of $LP tokens is 5,000,000. All of the tokens are minted at the beginning. 200,000 of them are reserved for the prize pool.

Funds for each category are distributed as follows:

• 65% for Liquidity (3,250,000 $LP)

• 10% for Reserve Fund (500,000 $LP)

• 10% for Marketing (500,000 $LP)

• 7% for Team (350,000 $LP)

• 4% for Rewards (200,000 $LP)

• 4% for ICO (200,000 $LP)

Mainnet Launch

Currently, Learn Protocol runs on the testnet. $LP token is deployed on the Edu Chain Testnet network. Also, EDU token deposits are made on the Open Campus Codex Sepolia network.

Before the mainnet launch, we have a roadmap ahead. We will launch the mainnet on EDU Chain after the testnet is fully tested. The mainnet launch will be announced on our official channels. Our first priority is to make the platform completely safe and secure for everyone. Then Learn Protocol needs to be funded in order to provide liquidity for the token. We will use the funds from the ICO and accelerator programs to provide liquidity for the $LP token.

Contracts

Learn Protocol has 2 main contracts:

• ERC20 Token Contract: 0xBc239272a5D1E6e0C987B52a2a725Fe168747763

• Utility Contract: 0x0B5C76a9915b73c735F78c15dd39642549F4A862

As the name suggests, the ERC-20 token contract is a standard contract that implements the ERC-20 token standard.

The utility contract, on the other hand, is a custom contract that implements the logic of the Learn Protocol. It inherits 3 contracts: Votes, Auth and Prize

Votes abstract contract is used to implement the voting system of the Learn Protocol. It keeps track of the total votes and voting threshold. The voting threshold is the minimum number of votes required before saving new votes to the contract.

Prize abstract contract holds a single upvote prize and a downvote cutoff amount. It also implements the logic of halving the upvote prize every n upvotes. That n value is determined by a halving threshold value. When total upvotes reach the halving threshold, the upvote prize and downvote cutoff amount are halved.

Authentication abstract contract simply implements a owner-only attribute to smart contract write-methods.

Upcoming Updates

This section is added after hackathon submissions are reopened. I think it would be great to give some insights about what is implemented in roughly one week, and what will be implemented next.

Also, please note that these updates are only for the web platform; there won't be any logical changes in the economic model in the short-term period.

What's new?

• Search bar to search across questions. Users will mainly visit via search engines, but this was a necessary upgrade.

• New categories like Web development, philosophy, biology, etc.

• New statistics, like user count.

• A lot of bug fixes on the voting mechanism, statistics, dashboard, and client-side.

• Responsiveness and visual enhancements.

What's next?

• Notifications. It will be like the activities tab, but more user-friendly.

• Comments. Users will be able to comment on answers & questions.

• Image and link support on answers & questions.

• Tagging. Users will be able to tag other users by their OCID or wallet address. That's also why we need notifications.

Of course, this is not it. We are also working on marketing and communicating with other founders to grow Learn Protocol to another level. Our priority is to make the web platform perfect.

Platform Rules

To keep the platform safe for everyone, we have several rules. Note that it is everyone's right to learn new things on this platform. Therefore, we do not allow any kind of discrimination, hate speech, or harassment. We also do not allow any kind of activity that harms the platform and users. If you encounter one of these harmful activities, please report the content.

If you go against the rules, your account may be banned permanently. Here is a list of rules:

• Do not copy & paste answers from AI tools. You can use AI tools to enhance your answer or to organize your thoughts. However, we do not allow low-effort answers.

• Do not advertise. You can use external links in your questions and answers, but do not use them for advertising. Learn Protocol is an ad-free platform that only focuses on education.

• Do not share illegal content. We do not allow any kind of illegal content on the platform. This includes but is not limited to: drugs, weapons, and illegal activities. You can ask about anything outside of these topics.

Links

Learn Protocol App

Learn Protocol Blog

Learn Protocol X Account