Distribution of Rewards

Rewards within the Galileo Protocol’s staking platform are distributed based on the total points accumulated by users. The distribution process ensures that rewards are allocated fairly, reflecting each user's contribution to the staking pool. Here’s a detailed breakdown of how rewards are distributed:

1. Daily Reward Pool

A daily reward pool is established, containing a preset amount of LEOX tokens that are available for distribution. The total amount of rewards available each day is determined by various factors, including the overall staking activity and community incentives.

2. Calculation of Individual Shares

Each user’s share of the daily reward pool is proportional to their total points. The more points a user has, the larger their share of the rewards pool.

3. Reward Claiming

Users can claim their rewards at any time. The rewards are not tied to the staking period, allowing for flexibility in accessing earned rewards. Users can choose to claim their rewards daily, weekly, or at any interval they prefer.

4. Tax on Rewards

A 3% tax is applied to all yield emissions, contributing to the protocol’s treasury. This ensures the sustainability and continued development of the Galileo Protocol ecosystem.

Understanding it the Pizza Way

Daily Pizza: Every day, a pizza is served, representing the total rewards available for distribution.

Your Slice: The more points you have, the bigger your slice of the pizza. If you have more points than others, you get a larger portion of the daily pizza.

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