# DAO Rewards

Participate in the Woken protocol decisions and get rewarded for each proposal approved on the DAO.

## Rewards

Earn 0.25% of your WKN used for voting (+0.1% if submitter) when a proposal is accepted\
[60% of the quorum](https://woken-exchange.gitbook.io/wokenexchange/woken-v1-our-solution/dao-vote/woken-protocol-votes) must be reached to validate a proposal<br>

## Estimate APY per year?

We expect about 50 proposals for the first year, but the number may vary according to the protocol's popularity.\
\
In our example, we're assuming 50 proposals, of which half, or 25, would be accepted. \
With an initial balance of 100,000 WKN, participation in 25 validated votes, and a cumulative reward of 0.25%.

$$
Sn = S0 \* (1 + r)^n
$$

S25 = 100000 \* (1 + 0.0025)^25\
S25 ≈ 106,449 WKN

APY  ≈ **6.45%**

{% hint style="info" %}
The percentage may be adjusted by a protocol community vote. \
The goal is to maintain an average APY between 5 and 7% to ensure a sustainable model before moving to a fixed percentage on Woken V2.\
See the [Snapshot API](https://woken-exchange.gitbook.io/wokenexchange/woken-v1-our-solution/dao-vote/snapshot-api) section.
{% endhint %}

{% hint style="success" %}
A proposal submitter also earns 0.1% of his used WKNs and can also vote, so he can earn 0.35% if his proposal is accepted.
{% endhint %}

##

## When the rewards are send?

Rewards are send to voters and submitter at the end of each validated proposal, via a multisender. Each reward proof (tx) will be published on our Discord server.

{% hint style="warning" %}
The rewards are only applied to the Woken protocol votes and not to the market votes of Woken Certified Projects.
{% endhint %}