Page URL

/fio-chain/incentives

Page Title

FIO Protocol - FIO Chain Incentives

Design

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

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.