Rewards
Rewards
The purpose of repo.trade is to provide a stream of funding to software developers that implement popular open source software.
Fee Distribution
50/50 Split
The fees collected on Repo.Trade are divided equally between two parties:
- Protocol Fees: 50% of the fees go to the Repo.Trade protocol.
- Owner Fees: 50% of the fees go to the verified owner of the repository.
This equal distribution ensures that:
- The protocol can sustain and improve its services.
- Repository owners are incentivized to participate and maintain their projects.
Owner Verification
To claim owner fees, repository owners must go through a verification process:
- Owners need to authenticate through GitHub.
- This process verifies their ownership of the repository.
- Only after successful verification can owners claim their share of the fees.
Fee Accumulation and Claiming
- Owner fees accumulate in the repository's account.
- Verified owners can claim these fees periodically and at any time.
- Unclaimed fees remain in the repository's account until claimed.
- As long as a repository has no owner, the owner rewards will continue to accumulate
Importance of Verification
The verification process through GitHub serves several purposes:
- Ensures that fees are distributed to legitimate repository owners.
- Prevents unauthorized claims on repository fees.
- Maintains the integrity and trust in the Repo.Trade ecosystem.
Warning
Currently only personal accounts can verify their repositories. Organizational repositories will be supported in a future update.
Conclusion
The 50/50 fee split between the protocol and repository owners, coupled with the GitHub verification process, creates a fair and secure environment in Repo.Trade. This structure incentivizes both platform development and active participation of project owners, fostering a sustainable and growing ecosystem.