Decentralized Voting & Smart Contracts

The Decentralized Voting & Smart Contracts layer of RankChain forms the protocol’s trustless execution framework, enabling permissionless participation, tamper-proof scoring validation, and autonomous reward distribution.

At its core, this system is composed of a suite of modular smart contracts, deployed on EVM-compatible chains, responsible for:

• Staking Logic: Users stake $RCN to obtain voting rights. The staked amount is tracked via a token-bound voting power registry that is updated in real time.

• Voting Execution: Votes are cast through signed transactions referencing wallet addresses and score ranges. All inputs are timestamped and stored on-chain to ensure full verifiability and historical traceability.

• Score Aggregation: Votes are compiled through an on-chain weighted average function, incorporating both staking weight and historical voter accuracy (if enabled). This allows for dynamically adjusting vote impact based on reputation.

• Reward Distribution: Upon the close of each epoch (e.g., weekly), contracts calculate leaderboard standings and trigger automated token transfers from the reward pool to eligible wallets — both top-scored addresses and their accurate voters.

All logic is enforced by immutable, upgrade-safe contract structures (via proxy patterns), with external governance hooks to support future DAO integration.

This fully on-chain architecture ensures RankChain’s scoring and reward mechanisms remain censorship-resistant, auditable, and autonomous — aligning technical integrity with the principles of decentralized reputation.