Calculating Rewards
TLDR
Guardians get 20% of total $SOPH supply. Half comes automatically through Full Node delegation. To unlock your complete allocation, also delegate your membership to a Light Node. Simple path to maximum rewards.
Overview
- The total $SOPH supply is 10 billion (10,000,000,000)
- Rewards are distributed weekly over the course of 156 weeks (3 years)
- You must maintain active status to qualify for rewards (meaning you have delegated your membership or memberships)
- Minimum Uptime is currently set at 60%
- Full and Light Node operators might have set a % commission
- Guardian NFT claiming auto-delegates to the current Full Node (Sophon-managed), making you eligible for half (50%) of your pro-rata reward allocation
- To receive your full 20% allocation, delegate to both Full Nodes (automatic) and Light Nodes (manual)
- Delegating to a Light Node is easily done via the Guardian App
- Your reward rate will be adjusted if you remove delegation from either Node Type
- Rewards will only be viewable as of 15/01/25 and claimable around the time of TGE (which should occur End Q1 2025)
Reward Formula
Reward Calculation Methodology
Below is how your weekly rewards are calculated based on your delegation status. As long as you maintain active delegation to both Full and Light Nodes, you’ll earn your pro-rata share of the 20% token supply.
Where
- Total Supply = 10 billion (10,000,000,000)
- Allocation % = 5% for Full Node Delegation + 10% for Light Node Delegation + 5% Bonus for participating = 20% total
- Total Weeks = 156 (3 years)
Full Nodes
A total of 5% of the $SOPH supply is allocated to active NFT delegations to Full Nodes. This will be distributed proportionally over 3 years, with approximately 0.032% distributed weekly.
Each Guardian Membership NFT is automatically delegated to a Full Node when claimed.
Steps
- Start with total supply: 10 billion $SOPH
- Multiply by allocation: 10 billion × 0.05
- Multiply by your delegated NFT memberships
- Divide by total active NFT memberships × 156 weeks
- Multiply by (100 - operator commission)/100
IMPORTANT
While there is only a single Full Node operated by Sophon, its commission is ZERO
Example:
- You have: 20 delegated memberships
- Total active: 80,000 memberships
- Full Node has zero commission
Weekly Reward
- -> (10 billion × 0.05 × 20) ÷ (80,000 × 156)
- -> 10 billion ÷ 12,480,000
- Total: ~801 SOPH
Light Nodes
A total of 10% of the $SOPH supply is allocated to active NFT delegations to Light Nodes. This will be distributed proportionally over 3 years, with approximately 0.064% distributed weekly.
Steps
- Start with total supply: 10 billion $SOPH
- Multiply by allocation: 10 billion × 0.05
- Multiply by your memberships
- Divide by (total memberships × 156 weeks)
- Multiply by (100 - operator commission)/100
Example:
- You have: 10 delegated memberships
- Total active: 80,000 memberships
- A given Light Node operator sets a 3% commission
Weekly Reward
- -> (10 billion × 0.1 × 10) ÷ (80,000 × 156)
- -> 10 billion ÷ 12,480,000
- -> 801 × (100 - 3)/100
- Total: ~777 SOPH
Extra Delegation Rewards
A total of 5% of the $SOPH supply is allocated to active delegated memberships (regardless of being to a Full Node, Light Node, or both). This will be distributed proportionally over 3 years, with approximately 0.032% distributed weekly.
Steps
- Start with total supply: 10 billion $SOPH
- Multiply by allocation: 10 billion × 0.05
- For single membership: multiply by 1
- Divide by (total memberships × 156 weeks)
Example:
- You have: 1 delegated membership
- Total active: 80,000 memberships
Weekly Reward
- -> (10 billion × 0.05 × 1) ÷ (80,000 × 156)
- -> 500 million ÷ 12,480,000
- Total: 40 SOPH
Operator Commission
Node Operators (whether Light or Full) can set a commission rate. When they do, a portion of the weekly rewards is allocated to the operator, while the remainder is distributed directly to active membership owners.
Was this page helpful?