Retroactive Rewards
Throughout the 2nd period, 25% of weekly protocol revenue is kept in a pool for retroactive rewards. This pool is then distributed to participating BottoDAO members at the end of the period.
Soulbound badges (also referred to as social rewards) rewarding positive behavior will be used as a baseline for reward distribution, with the DAO electing to distribute weight to each badge, deciding on which positive behaviors are best rewarded.
The team is continuing to identify the best implementation for the end of the period, and is considering the jokedao platform to run the distribution voting before putting the final tally to snapshot. See Social Rewards for more on the implementation of Soulbound tokens.
To qualify for retroactive rewards, a user must have at least 2,000 $BOTTO staked by the end of the final voting round of the period.
Last modified 4mo ago