meritocracy/README.md

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# Status Meritocracy
The Status Meritocracy allows `Contributors` to show their appreciation of other `Contributors` efforts in Status.
### Summary
The Status Meritocracy is a SNT Reward System that allows a `Contributor` in the registry to award allocated SNT, along with praise, to other `Contributors`.
The DApp will also display a leaderboard of `Contributors` who have been awarded the most and have partcipated the most in the Meritocracy, along with their praise
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### Goals
- Allow `Contributors` to build social capital, ideally in the form of Merit (degrades to popularity?)
- Reward `Contributors` for impressing `Contributors`
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### Roles
#### Contributor
Abilities:
- can send SNT to the Meritocracy contract, which is allocated evenly over `Contributors`
- can `award` allocated SNT to `Contributors`
- can withdraw SNT awarded to them, only when they have awarded all their allocatable SNT (or it has been forfeited by `Admins`)
#### Admin
Abilities:
- add/remove `Contributors`
- set upper limit of `Contributor` `registry`
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- forfeit all `Contributors` allocatable SNT (but not awarded), can only be called once a week.
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#### Owner
Abilities:
- is Admin
- can add/remove `Admins`,
- can changeOwner
- can change ERC20Token contract address
- can recover funds