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governance-rewards.md

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Governance Rewards

  • Staking TINY tokens in the governance vault allows users to earn staking rewards on an ongoing basis. (Stake $TINY, Earn $TINY)
  • Longer commitments will result in higher TINY Power, which will be rewarded more.
    • The rewards will be distributed to the governors based on their shares in locked tokens.
    • These structures are designed to encourage long-term participation in the governance process.
  • There will be a fixed amount of TINY tokens allocated each week for 4 years to be distributed to governors under this initiative.
    • 1st Year – 1000K TINY Token per Week
    • 2nd Year – 900K TINY Token per Week
    • 3rd Year – 700K TINY Token per Week
  • Tokens will be unlocked in weekly cycles
    • Users will receive the rewards based on their share of total locked tokens in the Governance vault. (TINY Power)
    • Rewards are distributed daily and can be claimed on a weekly basis.
    • Governors can claim the Governance Rewards they are qualified for at any time.
  • When users update their commitment in the governance vault, they will start earning staking rewards based on the new commitment from the next cycle, typically within a day.