RXP and REP

RXP is non-transferrable token (ERC-1155) resembling a raters experience. The distribution and redemption is governed by a PrimeDAO Multi-sig. This also means that nobody can "buy votes" to influence the outcome of the Report Acceptance Process (RAP).

Besides RXP, Prime DAO applies another non-transferrable token called Reputation (REP), which is different from RXP in that it is only used to vote on PrimeDAO votes. These votes have nothing to do with accepting or rejecting a report, but are typically used to vote on traditional governance proposals that concern the entire DAO.

REP holders are individuals or organizations who contributed to the advancement of PrimeDAO. REP is also a non-transferable token, so only those individuals who have meaningfully contributed can vote.