Rewards are how Botto pays for the labor it depends on to be successful. This section details how those rewards are distributed.

Revenue Distribution

50% of all protocol revenue within any given round is directly redistributed to Botto participants:
  • 25% to those who spent VP in a round (relative to others), in ETH
  • 25% to a pool for retroactive rewards, in ETH or $BOTTO
The remaining 50% of revenue is held in the treasury, with $BOTTO equal to 50% of revenue burned from the treasury as outlined in BIP-06, and updated in BIP-22, maintaining the deflationary nature of max supply.
To be included in protocol revenue, a wallet must have a minimum of 2000 $BOTTO staked.

Claiming Rewards

To claim your rewards, go to the Claim tab in the Rewards section.
It's best to check gas on the network before clicking claim to ensure it is worth the transaction.
We recommend accumulating protocol revenue rewards over multiple rounds before claiming, especially if your current claimable amount is <0.01ETH.

Exclusive Drops

Being a part of the Botto project will also make you eligible for exclusive releases of work from Botto and the DAO. These can be checked and claimed in the Rewards & Collectibles section on the Dashboard.

More details on the types of rewards: