WokenExchange
Woken Exchange
  • šŸ‘‹Welcome to Woken Exchange
  • Preface
    • šŸ’”Birth of the idea
    • ā®ļøProject genesis
  • Predefined Trading Hours?
    • šŸ‘·For Web3 Builders
    • šŸ‘Øā€šŸ’¼For Investors
    • šŸ¬For IRL companies
    • šŸŒTo boost the adoption
    • šŸ¢For Institutionals ?
    • āš–ļøTo seduce the States ?
  • Woken V1 : our solution
    • šŸ”¬Overview
    • šŸ”ƒSwap open/closed
    • šŸ…æļøPool open/closed
    • ā³Timekeeper
      • šŸ•“Settings Trading Hours
      • āš™ļøSafety Tools
    • āœ…Certified Projects
    • šŸ‘„DAO : vote
      • šŸ—³ļøWoken Protocol Votes
        • šŸ““How to submit and vote for the Woken Protocol?
      • āœ…Woken Certified Projects : vote market
        • šŸ““How to submit and vote market?
      • āš™ļøSnapshot API
  • PROTOCOL & Tokenomic
    • šŸŖ™$WKN Woken DAO Token
    • šŸ“ŠTokenomic
    • šŸ’²DAO Rewards
    • šŸ”Fees
    • ā›“ļøMulti-chain
    • šŸ›£ļøRoadmap
  • Woken V2 : evolutions
    • šŸš€Woken V2
  • Tools
    • šŸ¤–Woken Timekeeper Events BOT
    • šŸ›”ļøSample ERC20 protected by Timekeeper
  • Team
    • šŸ‘Øā€šŸ’»Core Team and Contributors
  • Security
    • šŸ”Audit & Verifications
    • šŸ“”Contracts and wallets
  • FAQ
    • ā”Frequently Asked Questions
  • Media kit
    • šŸ“øLogo
    • šŸ“©Contact
  • Official Links
    • 🌐Links
  • Legal
    • Legal Disclaimer
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  • Rewards
  • Estimate APY per year?
  • When the rewards are send?
  1. PROTOCOL & Tokenomic

DAO Rewards

Incentive rewards for $WKN voters

PreviousTokenomicNextFees

Last updated 1 year ago

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 must be reached to validate a proposal

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=S0āˆ—(1+r)nSn = S0 * (1 + r)^nSn=S0āˆ—(1+r)n

S25 = 100000 * (1 + 0.0025)^25 S25 ā‰ˆ 106,449 WKN

APY ā‰ˆ 6.45%

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 section.

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.

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.

The rewards are only applied to the Woken protocol votes and not to the market votes of Woken Certified Projects.

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60% of the quorum
Snapshot API