Rewards in the Fiet Protocol are incentives distributed to users to encourage behaviours such as market making, trading, or proving. These rewards, typically in the form of FIET tokens or other assets, are provided by:
The Fiet DAO.
Market creators incentivising MMs.
Token issuers promoting market usage.
External incentives and points programs, managed outside the protocol in external applications, are not part of Fiet’s rewards. Their eligibility, computation, and distribution occur externally, and the Fiet interface may display them for informational purposes only.
The Fiet Protocol enables users to automatically earn rewards by participating in incentivised markets, such as through market making via settlements or trading. These activities are recorded on-chain, and reward amounts are calculated off-chain using this data. The Fiet DAO will elect a representative organisation to manage this computation process, submitting rewards on-chain weekly for verification and distribution.Rewards are made claimable approximately weekly through the Universal Rewards Distributor (URD). Users can claim their earned rewards via the Fiet interface without a deadline or directly through on-chain transactions on the URD using alternative methods. This structure ensures secure, transparent, and accessible reward distribution.
The FIET token and Fiet DAO are planned for future launch, enhancing reward distribution.