Distribution Mechanism
Fees generated from community utilizing the CBC protocol will go back a reward to CBC NFT holders via CBC's Distribution Mechanism to community members. Those fees will be converted into the protocol’s CBC token and will be collected in pools and send to eligible wallets.
The collection of fees and subsequent distribution to pools is a continuous and dynamic process, ensuring ongoing support for ecosystem development and community rewards.
A snapshot will be taken at a random moment in the last week of each month to determine eligible wallets. To determine eligibility, the snapshot will take into account the number of CBC held in non-custodial wallets.
How this works in practice:
Collection of fees.
Distribution to pools.
Monthly snapshot is taken.
Assessment which wallets are eligible for rewards.
Calculation of monthly rewards.
Distribution of Rewards will take place.
Last updated