| status | flip | forum | authors | editors |
|---|---|---|---|---|
Implemented |
GOV-2 |
Paul Gebheim ([email protected]) |
Jose Mejia ([email protected]) |
Enable core contract feature to automatically calculate and payout rewards during system transaction at end of each epoch.
Rewards to node operators and delegators have been paid via a service account initiated transaction before the end of each weekly epoch. The core contracts now support automatic payouts, and the service account is able to enable automatic payout calculations to happen at the end of each epoch. This automatic rewards payout system has been operating without issue on Flow testnet for two weeks.
We propose a staged rollout for automatic reward payouts on Flow mainnet as follows:
| Date | Action | Status |
|---|---|---|
| Wednesday, July 20th | Set reward rate for automatic rewards using |
✅ Done |
| Thursday, July 28th | Service account will initiate transaction which calculates and pays out rewards. | ⏳ Pending |
| Thursday, August 4th | Service account will initiate transaction which calculates and pays out rewards, and enable automatic payouts in the future | ⏳ Pending |
| Wednesday, August 10th | First automatic reward payout will occur during the epoch end | ⏳ Pending |