Epoch Rewards Distribution to Eligible GATA & YG Holders

George9D
GATA HUB
Published in
2 min readApr 1, 2023

The distribution of GATA Epoch 8 rewards to eligible GATA NFT holders has taken place. A total of approximately 208 $ATOM was distributed among 1727 GATA NFTs in circulation, with each NFT earning 0.12 $ATOM.

Eligible GATA holders for the GATA Epoch 8 rewards were 986 Colonial cats (GATAc) and 741 Voyager cats (GATAv). The rewards were sent directly to the corresponding Cosmos Hub address of the holder.

GATA DAO Rewards Epoch 8

Many different revenue sources contributed to the GATA Epoch 8 rewards:

Validators:

  • Cosmos: 69 $ATOM
  • EVMOS: 44.7$ATOM
  • Juno: 11.3 $ATOM
  • Rebus: 4.3$ATOM
  • Teritori: 26.4$ATOM
  • Osmos: 7.7$Atom

GATA DAO Treasury: 35.8 $Atom

Stars Royalties + 0base.vc partnership: 8.6 $ATOM

In total, the revenue from all the aforementioned sources results in approximately 208 $ATOM.

GATA DAO Revenue Model

During the reward period, the self-bond assets of the DAO validators also increased:

  • Nomic: increased from 3737 to 4395
  • Atom: increased from 1492 to 2000

In addition to the GATA Epoch 8 rewards, we are happy to announce that the first reward distribution for Yield Gorilla took place this month. A total of 338 $ATOM have been earned from staking Atom and TORI during March. 95% of these earnings have been distributed to holders, which amounted to 321 $ATOM, while the remaining 5%, or 16.5 $ATOM, was used to buy and burn the floor. Details here

Depending on the skin each NFT received the following rewards:

  • Bull & Legend: 0.165 $ATOM /YG
  • Mooned: 0.088 $ATOM /YG
  • Bear & Pump: 0.063 $ATOM /YG
  • Neat & Elemental: 0.017 $ATOM /YG
Yield Gorilla Rewards Epoch 1

For more information on the DAO revenue distribution and Yield Gorilla, interested individuals can visit the GATA DAO Gitbook.

More about GATA reward distributions here
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George9D
GATA HUB

I truly believe in the future of Crypto and the Cosmos ecosystem.