Validators reward specification
This page shows the benefit of the DotOracle's validators
The validators of the DotOracle bridge will receive
- DTO token reward
- Shared fee reward of the DotOracle bridge
- 1.DTO token reward Referring to the tokenomics of the DTO token (see more at https://dotoracle.network/#tokensale-part ), the total reward of the DotOracle protocol is 33.000.000 DTO token (33% of the total supply). This total reward will be distributed for 10 years as follows: - From the 1st year to the 2nd: 6,000,000 DTO token for each year. - From the 3rd to the 6th year: 3,000,000 DTO token for each year. - From the 7th to the 10th year: 2,250,000 DTO tolken for each year. For example, in the 1st year, the total token reward for all validators is 6,000,000 DTO token. If the bridge has 10 validators, every validator will receive 600,000 DTO token for each .
- 2.Shared fee reward of DorOracle bridge At the moment of writing, the users of DotOracle bridge have to pay 0.1 % of transaction volume as bridge fee. This percentage of the fee may be changed, depending on the project governance. In the near future, DotOracle will supply more services such as NFT bridge and Oracle... These services will also take fees from users. The total fee that is gained from users will be shared with all validators of the DotOracle bridge as a specific percentage that is decided by the governance. For example, if the total fee that the DotOracle bridge gains in the first year are 1,000,000 USDT and the percentage for all validators is 30%, so the total fee share with all validators is 300,000 USDT. If the bridge has 10 validators then every validator receives 30,000 USDT for each.
All rewards of the DotOracle bridge will be distributed to validators monthly.