Active Rewards
The Active Rewards Contract is designed to redistribute 40% of protocol revenue in any given round in ETH.
Distribution is based on how many Voting Points (VP) are spent by a user, relative to other voters in that voting round. ETH is deposited from the treasury into the Active Rewards contract after the round ends.
To qualify for rewards from this contract:
A user must have at least 100 $BOTTO staked in the Governance contract before the end of the round and when they claim. If a wallet unstakes during the round, it becomes disqualified from receiving any rewards generated in that round.
A user must have participated in the voting round, providing labor that helps train Botto.
After the DAO passed BIP-62, the staking threshold was reduced to 100 $BOTTO to account for current $BOTTO prices and to lower the barriers to participation.
Active Rewards Contract
Start Date: 25 October 2022
Reward Type: ETH
Reward Eligibility: Proportionate to VP spent throughout the round
Access: Stake 100 $BOTTO on the Governance Contract (through Base or Mainnet)
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