Claim RSP Rewards

The Reward-Share Model

Through our vToken Reward-Share Program (RSP), you can become a Bifrost RSP partner, share Bifrost vToken revenue, and help attract new users to Bifrost Liquid Staking solutions.

Bifrost provides liquid staking services and collects a fixed commission from the staking rewards of all tokens as protocol revenue (See current rate details).

In the vToken Reward-Share Program, each registered channel can share the Bifrost Protocol Revenue according to a Partners amount of contribution and their channel’s reward rate.

You can calculate your reward estimation via: Shared-reward Calculator

The operational process of the vToken Reward-Share Program is as follows:

1. Register as a Reward-share Channel Partner on the Bifrost Chain through Bifrost Gov. (Tutorial)

2. Integrate RSP

3. All minting completed through Step 2 will be taken account to "Effective Minting".

4. The "Effective Minting" is the key indicator that determines the shared reward a partner receives.

Here is an example below:

Example

Let’s assume some conditions first:

vToken	Total Effective Minting on Bifrost	Channel A’s Effective Minting	DOT Staking APY	Protocol Reward Rate	Channel A’s Reward Rate
vDOT	10,000,000 DOT	3,000,000 DOT	12%	10%	20%

The calculation of Channel A’s shared-reward:

10,000,000 * 12% * 10% = 120,000 DOT (The annual revenue of Bifrost Protocol.)

3,000,000 / 10,000,000 = 30% (The percentage of Channel A’s effective minting taken account on Bifrost Total effective minting.)

120,000 * 30% * 20% = 7,200 DOT (Channel A’s final annual shared reward.)

Rewards Claim

All shared rewards are distributed via Bifrost vTokens. If you are running the RSP on different types of vTokens, your receiver address registered with the channel_id can claim them all.

You can check RSP members and their corresponding shared-reward on this dashboard.

Follow the tutorial to claim your shared-rewards.