Rewards · example position

What a position is owed

A core cut from the reserve: its footprint is its share of eligible stake, its height every TAO bought since it entered. Not a rate, a yield or a promise.

0707 · 250,000 TAON · 5.195% of stake0.155140 τ accrued

Reserve-backed entitlement: 0.155140 τ; covered by modeled reserve assets
Unfunded amount: 0.000000 τ; accrued, not covered
Previously paid: 0.000000 τ; none by this example position
Reserve coverage: 100.00%SIMULATION; by construction of the model
Modeled reserve held: 2.9241 τ; 26 strata, one per purchase
Executable claim: UNAVAILABLE· Claim contract not deployed; simulated preview only

Coverage is 100% because the model only creates entitlement from TAO that landed in the reserve. That is a property of the proposed rules, not evidence of a deployed, solvent vault.

Example positionSIMULATIONNOT DEPLOYED

Example TAON stake250,000 TAON25,0005.195% of eligible stake2,000,000

Modeled accrued entitlement EXAMPLE

0.155140τ

= 0.25 million TAON × (0.6206 − 0.0000) τ per million TAON

Current reward index: 0.6206; τ per million TAON
Position checkpoint: 0.0000; entered at the start of the window

How this amount came to exist

Read top to bottom; each step needs the one above it.

01Modeled reserve funded2.9241τ
26 settled acquisitions, one stratum each. Latest +0.086957 τ at 09-06 22:30.
02Reward index advanced0.6206τ per million TAON
index ← index + acquired ÷ eligible stake. The latest purchase moved it by 0.0181 τ per million TAON, across 4.81M TAON eligible.
03Example entitlement accrued0.155140τ
0.25 million TAON × (index 0.6206 − checkpoint 0) τ per million TAON. That is 5.195% of eligible stake, and 0.004518 τ of it came from the latest purchase.
04Reserve-backed entitlement0.155140τ
Modeled reserve assets 2.924077 against 2.924077 accrued and unpaid across all stakers: modeled coverage 100.00%, so 0.000000 τ of this entitlement is unfunded.
Executable claim: UNAVAILABLE · CLAIM CONTRACT NOT DEPLOYED. No claim contract has been written or deployed, so nothing here can be executed on chain.

Rewards are variable by construction: they would track eligible volume through eligible pools. A quiet market produces no purchase, no credit and no TAO.

TAO accrues only from swaps through pools the protocol controls. How eligibility is defined

What a position is owed

How this amount came to exist

Position timeline