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PrimeInsights Introduction
PrimeInsights is a decentralised Data Liquidity Pool (DLP) designed to empower users by transforming their personal Amazon data into a perpetual source of income.
Introduction
PrimeInsights is a decentralised Data Liquidity Pool (DLP) designed to empower users by transforming their personal Amazon data into a perpetual source of income. By contributing shopping, Prime Video, Audible, and other data types to PrimeInsights, users unlock opportunities to earn rewards while fueling valuable insights for AI training, analytics, and other downstream applications.
PrimeInsights leverages $VANA as the sole incentive and governance token to align incentives across contributors, data users, and stakers, creating a virtuous cycle of value generation across the ecosystem.
All emissions to the DLP Treasury are collected in an escrow account and distributed at the end of each epoch (approximately 21 days) among:
Contributors: 50%.
DLP Owner: 50%.
Governance
The foundation of PrimeInsights' governance model is based on the vote-escrow (ve) mechanism, pioneered by Curve Finance ($CRV). This model demonstrated how time-locked tokens can drive sustained value and participation across stakeholders.
In a vote-escrow system, users lock their tokens for a set period, gaining increased governance weight proportional to their commitment duration.
For Vana, users lock $VANA tokens by staking them in the PrimeInsights DLP to receive what we call Network Integrated Rewards for Vana, or nirVANA. nirVANA has dual utility:
API Access: Users with the minimum nirVANA balance gain access to an API, creating a direct incentive to stake $VANA.
Weight Voting: nirVANA grants voting power to influence the distribution of rewards by determining which data types in the contributed datasets are most valuable.
Contributor Rewards
Contributors upload their Amazon data and, in return, receive a perpetual 50% share of the emissions from the escrow contract at the end of each epoch. Claimable rewards are calculated per epoch based on the overall score of each contributor’s dataset.
Uploaded data is scored for completeness across seven categories:
Cart items,
Digital Items,
Retail Order History,
Audible Purchase History,
Audible Library,
Audible Membership Billings,
Prime Video Viewing History.
These scores are weighted by nirVANA stakers to calculate a final score. Additionally, early adopters receive a decaying bonus added to their score to encourage early participation in the DLP.
The escrow contract is also designed to absorb ERC-20 tokens, enabling future revenue streams—such as revenues by selling access to the data on Web2 data market places—to be distributed to data contributors.
Stake-2-API
To access PrimeInsights data via API, data users must become stakers and maintain a certain nirVANA balance. This adds intrinsic value to the DLP. By minting nirVANA, users commit their $VANA to the DLP for a fixed period, increasing the DLP’s weight, generating greater emissions, and allowing data users to participate actively in the ecosystem.
For higher limits and more endpoints, data users must sacrifice their share of emissions to access a Pro-Tier API. The forfeited emissions are redistributed among other non-Pro-Tier API participants. This mechanism links increased API demand to both higher DLP weight and greater rewards for other DLP actors.
Why This Model?
PrimeInsights’ nirVANA-powered tokenomics address several key challenges in data governance:
Sustainability: Immutable reward mechanisms create lasting value for contributors.
Flexibility: Governance-weighted rewards adapt to evolving data needs.
Alignment: Stakers and data users actively support the DLP, enhancing its long-term viability.
Scalability: ERC-20 compatibility enables future revenue diversification and API monetization opportunities.
Road Map
Features will be released over the next few quarters as per our roadmap below:
Q4-24: PrimeInsights launch, supporting data contribution and reward distribution
Early Q1-25: nirVANA contract launch with support for weight voting by stakers on data categories
Late Q1-25: Stake-2-API launch, supporting both free-tier and pro-tier with yield sacrifice mechanics
Conclusion
PrimeInsights offers a forward-looking approach to data governance and monetization. By leveraging $VANA and nirVANA, the platform creates a transparent, equitable, and scalable system that benefits contributors, stakers, and data users alike.
Whether you’re contributing data, staking $VANA, or using the API, PrimeInsights ensures that your participation generates meaningful rewards. Join us as we redefine how data is valued and shared within a decentralised ecosystem.