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Author: Admin | 2025-04-28
Wallet, the user will receive 70% of rewards for the assets TVL held directly in the wallet (remaining 30% will not be allocated).If the asset is held on a protocol and that protocol has been registered using the Kinto Registry smart contract, the wallet owner will receive 80% of the rewards and the developer of that application will receive 20%.e.g. The Kinto Network has 100M in TVL and this user has 1M in his wallet. That $1M is split as follows:600k in USDC, ETH and DAI that is held directly in the wallet.400k deployed in a specific lending protocol called $RWALEND.That 1M in TVL is allocated 1% of the rewards for that week (1M/100M), let's say that's 150 Kinto Tokens. Based on the assets held, the user would receive a total of:Wallet owner receives 111 Tokens => 150 * 0.6 * 0.7 + 150 * 0.4 * 0.8 = 111 tokensRWALend protocol receives 12 tokens => 150 * 0.4 * 0.2 = 12 tokens27 tokens will remain unallocated and back to the mining poolIn addition to these baseline rewards, the network and the community may decide to incentivize usage of specific protocols. Those rewards will be added on top of the baseline rewards.1.15x-1.20x Multiplier in Kinto Rewards for Engen usersEngen users will receive permanent benefits in the Kinto Mining program. They will receive 15% additional Kinto rewards.They will receive 15–20% additional Kinto rewards based on the number of Engen credits they hold.RewardsQuarter(E)=Rq(E)=RP−RP∗(1/1.05)E−RpSpent(E)RewardsQuarter(E)=R_q(E) = RP -RP*(1/1.05)^E - RpSpent(E)RewardsQuarter(E)=Rq(E)=RP−RP∗(1/1.05)E−RpSpent(E)RP=KINforMiningProgram=4,000,000RP = KIN for Mining Program = 4,000,000RP=KINforMiningProgram=4,000,000RpSpent(E)=RewardsSpentUntilERpSpent(E) = Rewards SpentUntilERpSpent(E)=RewardsSpentUntilERs(E)=Rm(E)/(30∗86400secs/day)Rs(E) = Rm(E) /(30 * 86400 secs/day)Rs(E)=Rm(E)/(30∗86400secs/day)WeekRewards(Address)=Amount/TVL∗Rs(E)∗86400∗7WeekRewards(Address) = Amount / TVL * Rs(E) * 86400 * 7 WeekRewards(Address)=Amount/TVL∗Rs(E)∗86400∗7Rewards over the next years per quarter
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