Skip to main content
ArcBlock Community

Community reward pools release date

Brain Titan
Ideas & Showcase
growthdiscussion

When will more community rewards be released? i take it this chart (the 32% part) is referring to the community reward pools. Is there a release date in mind for all those reward pools? Also, what would the size of the reward pools be (i.e for high, medium rewards, how much is that? 1000 ABT shared between users, just like the bug bounty pool? or will there be higher rewards?). Just trying to understand the finer details a bit better

IMG_7213.jpeg

8 replies

Reece Helandro2 years ago

I would also like clarification about the extent to which these reward pools will affect users contributing to the various brain mining reward pools prior to them being established as per the verified credentials technology.

Brain Titan2 years ago(edited)

good point about VC tech..Especially the social media contributions aspect of it 🙌

z1oHa79x3H6vxv9hfW8bHczPmwHKfAaRRmS, any input?🫡

ThatCryptoGirl2 years ago

👀

Robert2 years ago

We will gradually begin utilizing the tokens from the reward pool. Please be aware that the 32% reward pool is not the sole source of the tokens we distribute to our community. Due to our circular economy design, operational profits will also be distributed back to the community.

We have been prudent in utilizing the 32% reward pool (thus far untouched), and we are committed to augmenting it for the betterment of governance, ensuring that distribution is equitable and conducive to the growth of the ecosystem.

Brain Titan2 years ago

sounds great!

Is there a date/timeframe in mind when more reward pools will be issued?

Robert2 years ago

We’ll start from “brain mining” which is set to start from this Q2.

the largest pool will surely for Blocklet developers, and most of the pools will be related for develop, marketing, operations of Blocklets.

Brain Titan2 years ago

I believe Arcblock’s Q2 is a month ahead than most companies, so till August?😄 Nice, then it’s not too long left till brain mining reward pools

it makes sense the developers rewards pools will be the largest (for blocklets makers, utilizers, NFT creators) since they bring most traction to the ecosystem

ThatCryptoGirl2 years ago

Awesome 🤩

Reply