The Fourth Implementation of the Community-centric Delegation Campaign & the Second One-year Token Burn Plan!
Published in
2 min readAug 5, 2020
In April 2020, the IRIS Foundation Rolled Out a Community-Centric Delegation Campaign & the Second One-Year Token Burn Plan.
The results of the fourth implementation are as follow:
- IRIS Foundation made a distribution to delegators with an amount equal to their delegation rewards in June, distributed 874,944.5768 IRIS in total.
- According to the Token Burn Plan, IRIS Foundation burned delegation rewards of Eco-Development Fund on August 1, totally 2,563,905 IRIS.
- To encourage the participation of new validators and reward validators who have contributed significantly to IRISnet in the past, the foundation has decided to give 14 validators a one time reward.
- The foundation set up the “Rainbow Validator” award, which will continually receive application forms. There are 3 validators who are selected as Rainbow Validators on July.
More details can be found in irisplorer:
More details about rewards distribution:
https://www.irisplorer.io/#/address/iaa12n4yxanqhceszmv6d3q5xvlhe5g9hwj3zektxg
More details about planned token burn:
More details about validator rewards:
IRISnet Validator Rewards Program
The application form of validators rewards:
https://forms.gle/tRDcYeFue7rdeRWy7
*Validators who were not selected for the award are welcomed to re-apply, but please Re-fill the form and display your contributions for the past month.
