Toady Hawk
@toadyhawk.eth
we just pushed out 1137 mints of @0xl’s onchain podcast, and distributed $2000 worth of $BREAD rewards on @base to hundreds of @betrmint players in under 20 minutes. (And now those winners are earning bonus $cbBTC from @coinbread just for hodling.) gg wp
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Coinbread
@coinbread
firm handshakes all around 🤝
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niftytime
@niftytime.eth
How does the earning cbBTC work just for holding $bread?
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Coinbread
@coinbread
Rewards are performance based, 2% of every transaction is allocated to the cbBTC reward pool, so the higher the trading volume, the greater the payout to $BREAD holders
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niftytime
@niftytime.eth
Is there a staking or claim mechanism $bread holders need to perform in order to claim those cbBTC rewards?
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Coinbread
@coinbread
Nothing required on your end ! Just hold $BREAD 🍞 The more volume that comes through, the more frequently the rewards will come through !
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niftytime
@niftytime.eth
Appreciate the replies I saw this in yalls FAQ so kinda interested in who the claim system described here is for if not $bread holders “Rewards are distributed to eligible users in cbBTC through onchain claim systems tied to Coinbread’s ecosystem events, campaigns, or token participation. All rewards are verifiable and transparent.”
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Coinbread
@coinbread
Technically speaking, there is a claim function, which will be used for the dashboard that we are currently building out. But the rewards are paid out automatically as well, and quite frequently.
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