What is the total reward allocation for the incentivized testnet Gemini Phase 1?
- The project allocated 0.5% of the total token supply at the mainnet launch as the incentive reward for this phase of the incentivized testnet. Specifically, 0.3% were allocated proportionally to the amount of tSSC farmed during Gemini 1, and 0.2% were split equally among all qualified farmers who participated in the network consensus and farmed at least 0.1 tSSC by block #392,626.
Am I eligible for a portion of the additional 0.2% if I did not farm any blocks?
- Unfortunately, if you were unable to farm a block between block #158,529 & block #392,626 then you will not qualify for the additional reward. This is the link to eligible farmer reward addresses we shared previously.
How do I verify on the explorer my tSSC balance at the last eligible block #392,626?
- The spreadsheet linked above shows all account balances at block #392,626, if you farmed at least 0.1 tSCC by then it means you are eligible for the reward. In the spirit of transparency, we created a tutorial below on how you can derive the same balance using the block explorer.
Why do I currently see a different balance on the explorer or why is my account not included in the spreadsheet?
- The incentivized testnet Gemini Phase 1 officially ended at block #392,626. However, even after that phase ended, the network was still running to allow new and existing farmers the opportunity to test their nodes. Block rewards received after block #392,626 are not considered valid from the reward point of view.
Why no rewards for non-farmers?
- Our network was designed to be permissionless from day one, including the incentivized testnet phase. Because of that, there is no way for us to assess actual participation unless a farmer successfully authored or voted for a block.
How can I calculate what my rewards should be including this new allocation?
- The calculation is the same as prior, with a slight change. It should be
(your farmed tokens) / 233000 * 0.3% + 0.00001526% = your rough token allocation as % of the total token supply.
Once we release our total tokenomics you will be able to calculate your allocation % by the total supply to find exactly how many tokens to expect.
Do I need to do anything to claim this allocation?
No, this allocation will automatically be dropped to the reward address that participated in the network consensus during Gemini Phase 1. The actual distribution will happen at the Mainnet launch. Before that, all tSSC are not transferable between accounts due to this.