Waste Source Not Identified
In the case where the Waste Generator is not identified in the chain of custody, the percent distribution (p) of $CARROT rewards is dramatically altered to participants, serving as an incentive mechanism to extend the chain of custody tracking technology (MassIDs) to the “source” of waste creation. The value in $CARROT that would flow to the participants remains in the Carrot Treasury and is used to further invest in the ecosystem. The discount that is applied to contributor categories varies based on the Participant type as follows: Waste Generator, Bin Custodian (which usually is the same contributor as the Waste Generator), and the professional recyclers which include Hauler(s), Processor(s) and the Recycler.
Since the Waste Generator is not identified, 100% of p0 is not distributed to W0. Instead, this value remains at the Carrot Fndn’s Treasury.
The $CARROT is retained by the Carrot Fndn’s Treasury
If a Bin Custodian is also not identified then 100% of p1 is not distributed to P1.
The $CARROT is retained by the Carrot Fndn Treasury
However, if only a Bin Custodian is identified then P1 is a discounted distribution. This discount is the same for the other participants: Hauler(s), Processor(s) and the Recycler. The discounts to the distribution will be designed to maximize MassID adoption and tracking to the source, and the value that will be discounted is expected to range between 20%-40% to Bin Custodians (when not identified), Haulers, Processors and the Recycler.
if there was no origin identified and a 20% discount (d) to all participants
So, from the previous example, the total value of MassID was 100 $CARROT. Assuming the percentage of $CARROT given to the hauler is 20% with a discount penalty of 20% (because the waste-generator wasn’t documented) the discounted equation is the following:
For helping process MassID worth 100 $CARROT,
the Hauler would receive 20 $CARROT
but now they only receive 16 $CARROT
16 $CARROT ⇒ Hauler but now they only receive 16 $CARROT
4 $CARROT⇒CARROT Treasury and the other 4 $CARROT goes to the CARROT Treasury
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