Voter Rewards and Distribution Methodology

IOS Foundation
May 22, 2019 · 1 min read

Rewards for Voters

Voters receive:

  1. 50% of election rewards and
  2. 50% of contribution rewards

of Node Partners that they vote for, but will not share in the block production and referral rewards. This is to help Node Partners defray the server costs incurred in maintaining ledgers and processing transactions for the IOST network. When a Node Partner claims the reward, the voter can get his own proportional rewards.

  • Election rewards are issued on a daily basis.
  • When a node partner claims a reward, 50% of the reward is distributed proportionally to the voter as a an airdrop reward.
  • Contribution rewards are issued quarterly, and rewards will be distributed according to the voting data on the chain.

…………………………………………

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store