RAIL Active Governor Rewards

RAIL stakers can become Active Governors. To be an Active Governor, stakers must:

1. Have a stake fully locked (at least some portion that is not going through the unlock period).

2. View the Governance Portal at least once and check for any ongoing proposals.

3. Submit gas to claim rewards

4. Not delegate their vote to a different address. If votes are delegated, the address that is delegated to will receive the rewards.

Active Governors receive a portion of shielding/unshielding deductions as an incentive for active participation in governance. This is because anyone can propose any code changes to the protocol at any time, and widespread participation in governance protects the integrity of the protocol.

2% of the treasury is distributed to the claiming mechanism every 2 weeks. This means that every year, ~52% of the treasury goes to stakers.

Rewards are distributed in WETH (or WBNB/WMATIC for other chains), RAIL, and DAI. Active Governors can claim their reward share (a transaction which requires gas) on whichever chain their RAIL is staked on. Further, Active Governors can only claim rewards from chains where they have RAIL staked.

RAILGUN Active Governors receive a share of this distribution proportionate to the amount of RAIL they have staked. For example, if your staked share of RAIL is 1% of all staked RAIL, then you would receive 1% of the 2% biweekly distribution.