Creating Rewards Distribution Plan

When you are ready to distribute rewards to operators running your service and users providing you cryptoeconomic security, you can create a rewards distribution plan by running the following command:

milkywayd tx rewards create-rewards-plan [/path/to/plan.json]

Where:

• [/path/to/plan.json] is the path to the JSON file containing the plan details.

Plan file

The plan.json file should contain the information about how to distribute rewards to operators and users. Its structure should be similar to the following:

{
  "service_id": 1,
  "description": "Test plan",
  "amount_per_day": "1000umilk",
  "start_time": "2024-01-01T00:00:00Z",
  "end_time": "2024-12-31T23:59:59Z",
  "pools_distribution": {
      "weight": 1,
      "type": {
          "@type":"/milkyway.rewards.v1.DistributionTypeBasic"
      }
  },
  "operators_distribution": {
      "weight": 1,
      "type": {
          "@type": "/milkyway.rewards.v1.DistributionTypeBasic"
      }
  },
  "users_distribution": {
      "weight": 1,
      "type": {
          "@type": "/milkyway.rewards.v1.UsersDistributionTypeBasic"
      }
  }
}

In order to enable most use cases as possible, our rewards module provides great flexibility when creating a rewards plan. For this reason, it's impossible for us to report here all the different structures to cover all possible cases.

If you want help in creating a rewards plan, do not hesitate in reaching out to our team. We will gladly help you with that.