EARN Rewards and Distribution

What is EARN? 

EARN is the secondary token issued by the EARN Protocol. It captures the fee revenue that is generated by the system and incentivizes early adopters and Frontend Operators. 

EARN rewards will only accrue to Stability Providers — i.e. users who deposit PXDC to the Stability Pool, frontends who facilitate those deposits. 

What is EARN's max supply?

EARN has a max supply of 100,000,000 tokens.

Is EARN a governance token?

No. EARN is not a governance token, as there is no EARN Protocol governance.

How can I earn EARN?

EARN is earned in two ways:

  • Depositing PXDC into the Stability Pool.

  • Facilitating Stability Pool deposits through your frontend.

What can I do with EARN?

EARN holders can stake their tokens to earn the fees generated by loan issuance and PXDC redemptions. Learn more about staking.

What is EARN's distribution schedule?

EARN's community issuance follows a yearly halving schedule, described by the following function: 32,000,000 * (1–0.5^year). The purpose of this issuance curve is to favorably incentivize early adopters while also maintaining incentives for the long term.

What are EARN's genesis allocations?

EARN has a max supply of 100,000,000 tokens.

AllocationUse

32.0%

Stability pool rewards for PXDC depositors

1.3%

PXDC & EARN Liquidity provider rewards (within first 60 days of launch)

16.7%

emitted over a 6 month period to be claimed and staked in the EARN staking pool daily for the POWERCITY CORE. Rewards will be claimed daily with 100% sent to the CORE's staking rewards pool.

16.7%

emitted over a 6 month period and can be claimed by wallets that have previously shown public support for the right to a free market

33.3%

emitted over a 6 month period, from which you should have zero expectations of benefit or profit

Eligible wallets can claim using the CLAIM REWARD link in the EARN Statistics section of the dapp. Accrued claims can be collected as often as you wish, or left to accumulate until you are ready to claim.

Was there an EARN airdrop?

No. EARN could only be earned or claimed by the methods mentioned above.

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