Flex Docs (Work-In-Progress | Last Updated: 12/07)
  • Current Landscape
  • Welcome to Flex
  • Overview
    • Infrastructure for the New Web
    • The Values of the Flex Ecosystem
  • Protocol
    • Flex Validator Nodes
      • Data and Validation Layer
      • Rewards Layer
      • Audit Layer
      • Sentinel Layer
      • Prediction Layer
      • Getting Started
        • Propagation into the Validation Layer
        • Transaction Pool Generation
        • Transaction Weight Assignment
        • Epoch Score Calculation
        • Reward Distribution
        • Reward Claiming
        • Epoch Reward Pool Mechanics
    • Proof-of-Collaboration (PoCol)
      • PoCol Governance using FLEXE
      • Actors in the Flex Ecosystem
    • Flex Commons
      • Code Tokenization
      • Code Registry and Indexing
      • Code Versioning and Forking
      • Code Licensing and Royalties
      • Code Marketplaces and Auctions
      • Code Search and Discovery
      • Flex Commons Governance using FLEXE
    • Ecosystem Tokens' Multi-Staking
    • Technical Roadmap for the Flex Ecosystem
      • Flex Virtual Machine (FVM)
      • Flex SDCK
      • re:Flex Smart Contract Language
    • Flex Improvement Proposal (FIP)
    • Flex Portal: Your Gateway to Web3
  • Contribute to the Ecosystem
    • Strategists: Roles and Contributions
    • Developers and Projects
  • Governance and Utility
    • Introducing the FLEXE Token (coming soon)
    • Flexonomics (coming soon)
    • How to get FLEXE tokens (coming soon)
      • Use the faucet (coming soon)
      • Run a node (coming soon)
  • Quicklinks
    • Supported Social Media
    • Official Website
  • Legal
    • Terms of Service
    • Privacy Policy
    • Digital Asset Disclosure (coming soon)
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  1. Protocol
  2. Flex Validator Nodes
  3. Getting Started

Reward Claiming

Flex is a community-owned platform that rapidly boosts dApp user growth, ensuring the value generated directly benefits the Flex community.

Claiming period

Reward claiming for any given calendar month begins on the first day of the following calendar month. Here are a few examples:

  • February Rewards: Can be claimed in March

  • March Rewards: Can be claimed in April

Expiry of rewards

If the rewards are not claimed by the end of the next month, the tokens allocated for rewards are returned to the treasury. For instance:

  • February Rewards: Must be claimed by the end of March

  • March Rewards: Must be claimed by the end of April

Reward allocation and discount

All rewards are allocated to community members in the form of an allocation. To claim these rewards, community members must swap USDT for the reward tokens. The rewards are provided at a discounted rate. The discount is determined as follows:

Cost for the claim of a month: 10% of the trailing monthly average of the previous month.

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Last updated 10 months ago