As outlined in our tokenomics, Bootstrap rewards account for up to 10% of the total supply of ROOT tokens over 260 weeks to early backers and supporters.
This is distributed based on ROOT tokens an individual has staked by duration in the reward cycle.
Individuals receive ROOT per ROOT they stake
Stakers: 0.0246 | Nominators: 0.0492 | Validators: 0.0739
At the end of the reward cycle, The Root Network calculates the Bootstrap Reward for each participant type, transfers it into the Vortex, mints Vortex tokens, and distributes them to participants.
Example Scenario
ROOT Price = $0.005
Vortex Price = $0.15
Staker
I’m a Staker, I have staked 50,000 ROOT without nominating for the duration of the cycle.
Bootstrap Reward = 0.0246 x 50,000 (ROOT Staked) = 1,230 ROOT
Paid out in Vortex = 1,230 x 0.005 (ROOT Price) / 0.15 (Vortex Price) = 41 Vortex tokens
Nominator
I’m a Nominator, I have nominated my stake of 50,000 ROOT to someone else’s validator node for the duration of the cycle.
Bootstrap Reward = 0.0492 x 50,000 (ROOT Staked) = 2,460 ROOT
Paid out in Vortex = 2,460 ROOT x 0.005 (ROOT Price) / 0.15 (Vortex Price) = 82 Vortex tokens
Validator
I’m a Validator, I have staked 50,000 ROOT to my own Validator Node for the duration of the cycle.
Bootstrap Reward = 0.0739 x 50,000 (ROOT Staked) = 3,695 ROOT
Paid out in Vortex = 3,695 x 0.005 (ROOT Price) / 0.15 (Vortex Price) = 123.16 Vortex tokens