🧑‍🏫Understanding Reward Rules

By contributing to the proposed actions, you may be eligible to receive rewards. Discover how these rewards can be calculated.

❓What are the reward terms?

​👉 The reward administrator can configure the payment as follows:

• Payment Periodicity: weekly, monthly, quarterly, semi-annually, annually.

• Associated time zone to ensure consistent periodicity calculation.

• Minimum Eligibility Threshold: A minimum number of points may be required to be eligible for rewards.

​👉 The budget can be defined in various ways:

• Fixed Amount: Regardless of the number of participants, this fixed amount will be shared.

• Fixed Amount Per Eligible Member: A fixed amount is multiplied by the eligible member count to form the total amount.

• Fixed Amount Per Point: Each point can be worth a fixed amount.

❓ How are rewards calculated?

​👉 Case 1: Fixed amount of 1,000 Meeds per week & threshold of 50 points

• Out of 120 contributors, only 100 have a minimum of 50 points and are eligible.

• Among these 100 eligible contributors, you have participated in actions up to 25%.

• You will receive 250 Meeds for your contribution.

​👉 Case 2: Fixed amount of 20 Meeds per eligible user, per week & threshold of 50 points

• Out of 120 contributors, only 100 have a minimum of 50 points and are eligible.

• The total amount will be 2,000 Meeds.

• Among these 100 eligible contributors, you have participated in actions up to 25%.

• You will receive 500 Meeds for your contribution.

👉 Case 3: Fixed amount of 1 Meeds per point collected, per week & threshold of 50 points

• Out of 120 contributors, only 100 have a minimum of 50 points and are eligible.

• Among these 100 eligible contributors, you have participated with a total of 350 points.

• You will receive 350 Meeds for your contribution.

ℹ️ Only accepted contributions are considered in the Rewards Computing