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Mature phase

Introduction

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

Eligibility

Currently only 1st & 2nd party applications and applications partnered with SuperLayer are eligible. Applications must have graduated from the Bootstrap phase by completing all milestones.

Total Weekly Distributions

The amount of RLY to be distributed is calculated based on the total RLY locked in all application economies. The more RLY locked in the RLY Network Ecosystem, the higher the RLY rewards pool.
Total distribution of RLY for that week = Total RLY locked in all app economies * 0.5% * 7 days
Example: 90,000,000 RLY * 0.5% * 7 days = ​​ 3,150,000 RLY for that week
*Maximum weekly distributions capped at 17,500,000 RLY / week by the Association

Application allocations

Applications will receive a score based on the weighted categories. Scores will provide the percentage of rewards apps will receive from the total weekly distribution amount. The weights are as follows
  • Proliferation of RLY and app tokens (25%)
  • Active usage of RLY and app tokens (35%)
  • Locking and staking of RLY (40%)

Reference

The full design can be found here
Last modified 5mo ago