Protocol Documentation

The Coprvy Protocol introduces a dynamic monetary policy designed to tokenize productive labor with high precision. Rather than a static exchange of time for value, the protocol utilizes the Coprvy Valuation Index (CPVI)—an algorithmic scoring mechanism that weights the value of labor based on complexity, expertise, and efficiency.

The Coprvy Coin ($CPV) acts as the settlement layer for this economy, minted strictly through Proof-of-Verified-Labor (PoVL). Its issuance is elastic, expanding only when verified value is added to the network.

The creation of new $CPV tokens is governed by the Minting Function. Tokens are not pre-mined; they are generated at the moment of contract settlement. The quantity of tokens minted is determined by the duration of the work performed, adjusted by the dynamic Index multiplier.

This mechanism ensures that the token supply reflects the quality and difficulty of the economic output, not merely the time spent. Where M_{new} is the total quantity of $CPV minted for the Helper, Δt is the duration of verified labor (in minutes), and CPVI_{tx} is the unique Index Coefficient calculated for the specific transaction.

The CPVI is calculated on-chain at the time of contract initiation. It is derived from a weighted average of four key economic variables that together establish the intrinsic value of labor within the ecosystem.

Task Difficulty (D): A complexity multiplier assigned to the specific category of work. High-demand, high-skill tasks (e.g., Smart Contract Architecture) carry a higher D value than low-complexity tasks, incentivizing the onboarding of specialized experts.

Helper Reputation (R): A trust score derived from the Helper's historical performance on the blockchain. This variable rewards consistency, successful completions, and positive counterparty ratings, ensuring that proven experts command a premium rate.

Effective Time (T_e): An efficiency variable that adjusts for output speed. The protocol rewards verified outcomes rather than prolonged durations. If a deliverable is completed ahead of the standard benchmark without sacrificing quality, the T_e variable adjusts the Index upward.

Network Base Rate (B): A global protocol parameter that establishes the baseline value of labor across the network. This variable acts as the primary lever for inflation control and network equilibrium.

The Coprvy Protocol is designed to be community-governed. Holders of $CPV possess voting rights that directly influence the economic parameters of the system. Through the Coprvy DAO, token holders can propose and vote on critical decisions.

Adjusting the Base Rate (B): Managing the global issuance rate to prevent inflation or stimulate network activity during shortages.

Weighting Variables: Modifying how heavily Reputation (R) or Difficulty (D) impacts the final Index score.

Treasury Allocation: Determining the use of the Community Treasury for liquidity incentives, developer grants, or token burn events.