Genesis Emissions Recap 👇
With the first $BID emissions now distributed, it’s time to review how rewards are being earned.
Each user can receive $BID from three sources:
1. BID Level – your level determines the amount of your BID rewards
2. Agent Memberships – earned by locking agent tokens on memberships
3. Endorsements – use your locked BID to endorse agents and earn additional rewards
Pro tip: if you have locked BID in the vault but haven’t used it to endorse agents, you're leaving rewards on the table. Endorsements stack on top of your BID level emissions.
These emissions were carefully designed and phased in to ensure stability, and we’re pleased to see meaningful rewards already reaching active supporters. Early data shows that many users have received more than 10% of their total BID locked through the first emission alone.
For context: emissions are distributed every two weeks and follow a dynamic model, which allows for higher potential upside, though it also comes with variability.
We’re considering whether to continue with this flexible approach or introduce a fixed model with predictable APRs.
What do you prefer: fixed or dynamic emissions? Let us know.
PS: if you have not claimed your BID emissions yet, make sure you do so. Over 1M $BID yet to be claimed from the Genesis Emissions. More to come.