Terms & Conditions

1. All channels have to pass though the onboarding process via Bifrost Fellowship/OpenGov.

2. All reward-share channel request proposal needs to clearly illustrate their reason, motivation and objectives. (check more details in this section.)

3. Shared reward are calculated and distributed on every 7,200 block basis, roughly 24 hours in real time, they need to be self-claimed on chain (check details in this section).

4. The vToken Reward-Share Program does not have any timeframe, all registered channels have no time limitation.

5. Bifrost Fellowship or Referendum can stop, pause and resume a channel with a clear reason, via OpenGov.

6. If there is a need to modify the shared reward rate, vToken Reward-Share Program Partners need to submit a proposal in the Bifrost Forum and explain their reasons for doing so.

7. If there is a need to change the shared reward address, Partners need to submit a proposal on the Bifrost Forum and explain their reason for this change.

8. If there is a need to suspend the shared reward, Partners need to adjust the commission rate to 0%, submit a proposal on the Bifrost Forum and explain their reason.

9. If there is a need to exit the channel, Partners need to remove their current channel id, submit a proposal in the Bifrost Forum, and make sure their proposal is initiated by the shared reward receiver account.