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Finschia's service contribution reward : June

2024.07.31

Hello, this is the Finschia DLT Foundation.

 

Today, we would like to inform you that service contribution rewards will be distributed throughout the day to services that have made significant contributions to the Finschia ecosystem for June, following the service contributor reward policy. (*Service contribution refers to direct contributions paid in FINSCHIA(FNSA) on-chain, based on the detailed Service Contribution Rewards (SCR) policy(url), which is one of the key reward policies of Finschia Token Economy 2.0 disclosed in April 2023.)

 

Service Contribution Rewards are paid out from the service contribution reward pool. With the implementation of Token Economy 2.0, 30% of FINSCHIA (FNSA) issued through inflation is accumulated in the service contribution reward pool. You can check the balance status of the service contribution reward pool, also known as the Community Pool, through the MINTSCAN dashboard (URL).

 

Please refer to the details below.

 

[Summary]

▸ Reward Date: 2024/07/31

▸ Purpose of Reward: Service contribution reward

▸ Amount of Reward: 49,455.746396 FNSA

▸ Governance Proposal: https://www.mintscan.io/finschia/proposals/32

 

[Reward: June]

Purpose of Reward

Service contribution reward

Total Reward Amount

49,455.746396 FNSA

※ As of the end of June

Block height of the last in June

65438633

The number of Service Contributor

1

Reward Distribution Date

2024.07.31 09:44:10 (GST) ~ 

 

[Details]

Name of Service Contributor(Corp Name)

DOSI (LINE NEXT Inc)

FINSCHIA payment processing account address

link1xr3rq8yvd7qplsw5yx90ftsr2zdhg4e9z60h5duusgxpv72hud3sgmqjlr

FINSCHIA payment amount (V)

219,941.794280

Contribution per service (C_Base)

1

Base reward

49,455.746396 FNSA

 

[Note]

▸ Service Contribution Reward is accumulated from the service contribution reward pool generated through inflation after the implementation of Token Economy 2.0.

▸ No additional issuance of FINSCHIA(FNSA) will be made for this matter, and the total circulating supply will remain unchanged.

▸ To provide transparent information to the community, the on-chain information of the FINSCHIA(FNSA) payment processing account address for service contributors is shared. This allows for a transparent verification of the contribution of service contributors. 

 

Starting in July, DOSI, the sole service contributor to Finschia, will cease its participation in the Service Contribution Rewards (SCR) program, resulting in the suspension of SCR payments. The remaining FNSA will be transferred to the Kaia Foundation and used following the initial intent of the Service Contribution Rewards.

 

We deeply appreciate the ongoing support and engagement of our community. 

 

Finschia DLT Foundation

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