ISPO Bonus rewards
Description of how the Bonus tokens are calculated
Last updated
Description of how the Bonus tokens are calculated
Last updated
The Bonus rewards is meant to incentivise the time staked and amount staked with the ISPO pools.
The more ADA you delegate and the longer you delegate to the ISPO, the more you will earn REIT tokens. This is what is incentivised by the bonus reward scheme.
In this first phase 10% of the rewards will be reserved and eligible for delegators who have delegated for at least 34 epochs to the REIT stake pools (minimum: 500 ADA)
In the second phase 20% of the rewards are allocated for delegators who have delegated for 44 epochs or more. (minimum: 500 ADA). Total bonus rewards allocated for this segment is twice that of Region A.
In the last phase 70% of the total rewards will be distributed for delegators who have delegated for 44+ epochs (In case we need to extend beyond these number of epochs due to still outstanding REIT tokens remaining). (Minimum delegator: 500 ADA). Total bonus rewards allocated for this segment is 7 times that of Region A.
In summary let us take an example.
Let's say total rewards is 100M then in region A will contain 10M, region B 20M and region C 70M.
Now the total amount of rewards are stacked according to the amount of ADA staked per region.
Example to elaborate:
For region A: Say according to time allocation above, the total rewards are 10M REIT tokens. Now the unit of distribution is determined as follows
Hence following are the rewards to be given to the delegators.
1X delegator will get rewards = Unit of rewards
2X delegator will get rewards = 2* Unit of rewards
3X delegator will get rewards = 3* Unit of rewards
Total reward allocated for region A : 14 M REIT
Unit of rewards = 14,000,000/(50+2*30+3*10) = 100,000
Hence:
1 X participant gets: 100,000 REIT rewards
2 X participants gets: 200,000 REIT rewards
3X participants gets: 300,000 REIT rewards
Thus if we add up all the rewards: 50*100,000 + 30*200,000 + 10*300,000 = 14 Million
| Category | Description |
|---|---|
| Region | Category | Delegator number |
|---|---|---|
Greater than or equal to 10K ADA
1x. So only yellow region in Fig 1.
Greater than or equal to 20K ADA
2X. YELLOW + GREEN SLABS eligibility.
Greater than or equal to 70K ADA
3x. YELLOW+ GREEN+BLUE SLABS eligibility
A
1 X (delegation up to 10K)
50
A
2 X (delegation up to 20K)
30
A
3 X (delegation gt. eq 70K)
10
