Incentives
Help the ILIS DAO achieve its goals, and be rewarded.
With Flux's launch, the previous incentivization of the STAB Protocol has ended to ensure an even playing field!
Some actions are deemed positive to the ILIS DAO ecosystem and therefore, we reward these! Performing them provides the user with a weekly allocation of ILIS rewards.
All incentivized actions provide the user with a token (liquidity providers receipts, LP tokens, loan receipt, et cetera). A user's contribution is calculated by looking these resources held by them, and their average weekly share.
Rewards are sent out every Sunday, on a random time, to make sure the system is not easily gamed.
Current incentived actions
Providing ILIS/XRD Liquidity to the OciSwap BasicPool
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50,000 ILIS*
Providing ILIS Liquidity to the DefiPlaza pool
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50,000 ILIS*
* These rewards are shared, and are split between the two pools.
Incentive information
If you want information on a specific incentive. You can see some by going to the DAO Portal's Incentives Page. Here, you can see all incentivized actions, and select one [1]. If you want to perform this action, you can click the contribute button [2]. If you first want some more information about the specific incentive, you can read a short description of what it's about [3], see the total weekly rewards allocated towards this incentive [4], and what the APY of this actions works out to [5].
Estimating your share
On the Incentive Page, the user can see their contribution towards an incentivized action [1], and how much they will be rewarded for this contribution on a weekly basis [2].
Important to note is that this calculation of rewards (at [2]) is based on the user's current share, and does not take into account their average share over the previous week, whereas the eventual real calcuations to determine rewards do take into account a user's average share!
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