How to claim your reward
In the CollabAI ecosystem, pool reward token holders can claim their earned rewards once the curator has injected the epoch reward and announced it on-chain. This reward distribution model allows token holders to receive AIUSD rewards proportionally, based on their token holdings associated with the specific epoch of the investment pool.
How to Claim Your Epoch Reward
Reward Injection by Curator:
The curator injects the epoch reward (typically monthly) and announces it on-chain, making the funds available for eligible pool reward token holders.
Eligible Token Identification:
Only tokens associated with the relevant pool ID and epoch are eligible for the reward. For example, if a pool has
pool_id=3and the latest epoch reward is updated from epoch 1 to 4, any user with a pool reward token containing these epoch details can claim their reward.
Claiming Process:
To claim their reward, a token holder simply submits a claim for their entitled reward. After the reward is claimed, the original pool reward token is burned, and a new pool reward token with an updated epoch ID is minted.
For instance, a user holding a pool reward token with Asset ID = 3,000,000,000,001,024 (for
pool_id=3, epoch=1, last epoch=24) would receive their reward, after which this token would be destroyed and replaced with a token of Asset ID = 3,000,000,000,005,024, given the condition the epoch reward has been updated by curator until epoch 4.
Proportional Distribution:
Rewards are distributed proportionally to each holder based on their token share in the pool, ensuring fair and transparent profit sharing.
CAN Token Reward Distribution
The CAN token reward distribution operates similarly to the AIUSD reward mechanism for pool reward tokens, with a few unique features:
Weighted Distribution: CAN rewards are distributed based on a weighted model, where a user’s staking amount multiplied by the staking time represents their weight in the CAN reward pool.
Proportional Payout: CAN rewards are allocated proportionally according to each user’s weight, ensuring that those who stake more or for longer periods receive a fairer share of the CAN distribution.
Benefits of the Reward System
Fair and Transparent Reward Allocation: The proportional distribution model ensures that rewards are allocated equitably among pool reward token holders based on their contributions.
Automated Epoch Transition: The automatic minting of new pool reward tokens after reward claims ensures that tokens are always up-to-date with the latest epoch, simplifying tracking and management for token holders.
Dual Reward Streams: With both AIUSD and CAN token rewards, investors gain from two income sources, enhancing their returns on investment.
The CollabAI reward system combines security, transparency, and fairness, making it an attractive choice for investors looking to benefit from GPU-backed income streams. For more details on claiming rewards, please visit the CollabAI platform.
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