Everyday at midnight UTC, voters' staked BANG is slashed (burned) based on performance in the last 24 hours. Each period, the bottom quarter (25%) of voters by motion are slashed. The best voter of the bottom quarter is slashed by 1%. The worst voter is slashed by 10%. All other voters in the bottom quarter are slashed between 1-10%.
Abuse Penalty
Bangit uses analysis tools to detect and slash sybils, cartels, and farmer accounts.