Prize Pool Challenge

The Prize Pool Challenge is a core feature of the Lyraverse, where participants compete to outwit Lyra, the ecosystem’s autonomous AI guardian. Combining gamification, AI interaction, and decentralized rewards, this system fosters creativity, collaboration, and engagement.

How It Works

1. The Challenge:

• Participants submit strategies or queries to convince Lyra to release the prize pool.

• Lyra evaluates submissions based on creativity, logic, and adherence to predefined rules.

2. Growing Prize Pool:

• The prize pool starts with an initial allocation and grows dynamically:

• 70% of query fees are added to the prize pool.

• Entry fees and ecosystem contributions also increase the pool over time.

3. Sharing Ratio:

• 30% of query fees are allocated to ecosystem sustainability and future rewards.

4. Rewards:

• The participant with the most compelling submission wins a share of the prize pool.

• Winners gain recognition within the Lyraverse community.

Why It Matters

• Interactive AI: Challenges test human ingenuity against Lyra’s unyielding logic.

• Transparent Mechanics: Smart contracts govern the prize pool and reward distribution, ensuring fairness.

• Community Engagement: Challenges foster collaboration and participation, strengthening the Lyraverse.

Future Vision

The Prize Pool Challenge will evolve with more complex tasks, cooperative gameplay, and user-created competitions. With its growing prize pool and transparent reward mechanisms, it exemplifies the Lyraverse’s mission to innovate and redefine human-AI interaction in a decentralized ecosystem.