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  1. Archived

RLY Rewards

Learn how rewards work

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Last updated 2 years ago

Overview

The RLY Network Association provides RLY to eligible applications in the RLY Network Ecosystem in order to incentive adoption and growth. There are two phases of rewards: bootstrap phase and mature phase.

Bootstrap phase

In the bootstrap phase, new applications will be rewarded up to a total of 1,000,000 RLY for the completion of the milestones. Once all milestones are complete the application will graduate to the mature phase of the rewards program. The milestones are as follows:

  • Launching an application token bonded to RLY

  • Total wallets with a balance of app token and RLY

  • Total locked RLY

Mature phase

In the mature phase, applications are rewarded RLY in proportion to their contributions to the RLY Network. Contributions to the RLY network are defined by the following behaviors:

  • Proliferation of RLY and app tokens

  • Active usage of RLY and app tokens

  • Locking and staking of RLY

Resources

  • Proposal forum post:

https://forum.rally.io/t/proposal-update-to-network-rewards/1305