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/discover/fio-chain/incentives

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FIO Protocol - FIO Chain - Incentives

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https://www.figma.com/file/n33HwJfIuwy068A7G0Bdpg/FIO-Website?type=design&node-id=607-4026

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Ecosystem Incentives

Ecosystem participant

Incentive

End-users

  • To register and use FIO Handles and Domains:

    • The utility and features of the FIO Protocol

FIO Chain Block Producers

  • To produce blocks

    • Block Producers receive 60% of every fee collected on FIO Chain

Wallets, exchanges and other blockchain-related application providers

  • To integrate FIO Protocol:

    • The utility and features of the FIO Protocol enhance their application and often reduce support costs associated with crypto payments.

    • Application providers receive Integrator Rewards for transactions originating in their application:

      • 10% of transaction fee paid (currently boosted to 50%)

      • 11% of the staking reward paid to the end-user when unstaking FIO Tokens

    • FIO Foundation has funds available to help pay for initial FIO Handle registrations for application users.

  • To participate in governance:

    • Non-voting FIO Tokens in accounts belonging to application users is automatically proxied to the application itself.

FIO Token holders

  • To participate in governance:

    • FIO Tokens can be staked, but have to first vote on Block Producers or proxy their votes.

    • 25% of every fee collected is paid out to FIO Token Stakers.

FIO Foundation

  • To support FIO Protocol growth:

    • 5% of every fee collected is paid out to the FIO Foundation.

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