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Rewards

78% of the RATE supply will be distributed to community through rewards. Rewards can be received by
  • Providing TAI/ETH Liquidity in the TAI App
    or
  • Minting TAI from any Safe
Users can receive both mint and liquidity rewards at the same time.
Community Rewards Allocation
Current allocations:
Rewards
Allocation of emitted rewards
TAI/ETH Liquidity
90%
MInt TAI
10%
The RATE amount distributed to LPers vs Minters will not remain constant and will be periodically re-evaluated.
Community Rewards Emission Schedule
RATE rewards emission is done on a hardcoded schedule from the Emitter contract.
Below is the reward schedule encoded in the contract, along with Team rewards vesting for comparison
Total Rewards Schedule
The RATE rewards schedule is generated from this supply function.
import math
start = 780000 # 78%
c = 20
lam = 1/120
def starting_supply(month):
# amount at begining of `month` month after launch
return start * (c*math.e)**(lam * -month)
Using this supply function:
Time
% of rewards that have been distributed
1 year
32.94%
5 years
86.44%
10 years
98.16%
20 years
99.97%