As this is a cumulative Merkle distribution, the rewards here collected are the sum of the rewards distributed in previous Merkle distributions plus the rewards earned in the period between the last and the current distribution.
Note that this is a special distribution, and the date of this distribution is the date of legacy Keep staking transition deadline [1].
This distribution releases the frozen rewards of legacy Keep stakes. As mentioned on #112, the rewards for legacy Keep stakes had been frozen during the legacy staking transition period. Once this period has ended, the rewards have been released:
This distribution also includes the "regular" stakes rewards (i.e. the rewards for the stakes that didn't have legacy Keep tokens).
tBTC rewards for those non-legacy stakes for the period Feb 1st 24 - Feb 24th 24.
TACo rewards for those non-legacy stakes for the period Feb 1st 24 - Feb 24th 24.
tBTC rewards for those that had legacy Keep tokens (keepInT) on Nov 22nd 23. The rewards are for the period Nov 22nd 2023 - Feb 24th 2024. The conditions to be eligible for these rewards are:
To have a tBTC client running and complying with the usual requirements: pre_params, uptime, and client version.
To have tokens staked and authorized to the two Threshold apps: Random Beacon and WalletRegistry (aka tBTC). The rewards are calculated from two sources: (a) the T tokens staked and authorized to both apps and (b) the keepInT tokens if these have been re-staked and re-authorized for both apps during the transition period.
PRE rewards for those that had legacy Keep tokens (keepInT) on Nov 22nd 23. The rewards are for the period Nov 22nd 2023 - Feb 1st 2024 (date of PRE deactivation). The conditions to be eligible for these rewards are:
To have a PRE operator confirmed on Nov 22nd 2023.
To have tokens staked. Staked T tokens will be considered for the rewards calculation. Staked keepInT tokens will be considered only in the case the stake re-staked it during the transition period.
TACo rewards for the period Feb 1st 2024 - Feb 24th 2024. The condition to be eligible for these rewards are:
As this is a cumulative Merkle distribution, the rewards here collected are the sum of the rewards distributed in previous Merkle distributions plus the rewards earned in the period between the last and the current distribution.
Note that this is a special distribution, and the date of this distribution is the date of legacy Keep staking transition deadline [1].
This distribution releases the frozen rewards of legacy Keep stakes. As mentioned on #112, the rewards for legacy Keep stakes had been frozen during the legacy staking transition period. Once this period has ended, the rewards have been released:
This distribution also includes the "regular" stakes rewards (i.e. the rewards for the stakes that didn't have legacy Keep tokens).
T
tokens staked and authorized to both apps and (b) thekeepInT
tokens if these have been re-staked and re-authorized for both apps during the transition period.T
tokens will be considered for the rewards calculation. StakedkeepInT
tokens will be considered only in the case the stake re-staked it during the transition period.This PR closes #95, #112.
[1] https://forum.threshold.network/t/transition-guide-for-legacy-stakers/719