What is (3,3) and (1,1)?
Game theory explanation
Protocols like SmartBird are an unprecedented experiment in human coordination and what’s possible for a community unified under a shared vision and a willingness to cooperate.
(3,3) is which is the idea that if everyone cooperates in SmartBirds's long-term maintenance of value, it will generate the greatest earnings and future collateral backing for every participant (from an infinite game theory standpoint).
Currently, there are three actions a user can take:
- Staking (+2)
- Bonding (+1)
- Selling (-2)
Staking and bonding are considered beneficial to SBIRD's longevity, while selling is considered detrimental. Staking and selling will also cause price movement, while bonding does not.