Ecosystem reward
Last updated
Last updated
As mentioned in the tokenomics, we have allocated 50% of the total RBT supply to the Rabet ecosystem, which will be distributed to the community as a reward for increasing liquidity and demand for RBT in addition to expanding the Rabet ecosystem.
The ecosystem reward is threefold:
10% of total supply (10 million RBT) will be distributed monthly among RBT holders for four years. All addresses holding more than 1,000 RBTs will be eligible for the reward in proportion to their holding.
On a random day in every month, we will take a snapshot of all RBT holders, identify eligible addresses, calculate their rewards, and then distribute them at the end of each month.
20% of total supply (20 million RBT) will be distributed monthly among liquidity providers (LPs) for four years. All addresses providing more than 1,000 RBT to RBT/XLM and/or RBT/USDC pools will be eligible for the reward.
On a random day in every month, we will take a snapshot of all RBT LPs, identify eligible addresses, calculate their rewards, and then distribute them at the end of each month. Note: Becoming eligible for LP reward is βhitting two sparrows with one stone!β because you will automatically be considered eligible for Holder reward as well.
5% of total supply (5 million RBT) will be distributed to those helping with the development of Rabet. This help could be reporting a bug or suggesting a new feature.
Anyone who contributes by reporting a bug about UI/UX or security, or suggesting new features will be considered eligible for a reward in proportion to the significance of their contribution.
You may email your report and suggestions to bug@rabet.io under one of the following subjects so that your message would be assessed by our corresponding team members:
UI/UX
Security
Feature
15% of total supply (15 million RBT) will be transferred to a treasury for the community to decide how to spend it through the DAO.
Here is a list of corresponding addresses of the Rabet team through which you can verify token unlocking procedures based on the announced lockup periods.