How reward is distributed?

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1

Hello,

I am trying to create a contract, but can see there is no function in the contract for reward distribution, how this will work?

Thanks,
Zee

2

Hello zeeshanmazhar, welcome to the forums.

You should start by following this great tutorial OpenZeppelin Upgrades: Step by Step Tutorial for Hardhat

That should get you to speed on a basic contract format as well as a proxy for updates.

You will need to build your own function for reward distributions.

I would suggest taking a look at RFI if you would like a reward based on a tax for every single transaction.

If you want to reward users periodically, then perhaps build a mint function that is called, then it mints tokens as a reward to whoever you want.

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3

Hi, welcome! :wave:

So what is your reward distribution? Stake some token to get reward or something else?

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4

I got it, i didn’t notice it first as we are on POS network, the reward of holding stack will go to each holder by the network.

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Thanks for the link to RFI. I'm not sure exactly I understand the mechanism at play here - could you direct the attention to what actually captures this functionality? I see how they take a few, but don't see the (presumed) mapping on how to handle that distribution thereafter to all holders of the token.