Payment Distribution Terms
Last updated
Last updated
Payments will be distributed upon the successful completion of each milestone, as outlined in the grant proposal. Grantees must post their milestone reports on the NEAR governance forum, providing substantial evidence of completion.
Each payment will consist of 75% in stablecoins and 25% in $mpDAO tokens, which will be locked into mpDAO governance with a 300-day unbonding period. Both stablecoin and locked token distributions will be sent directly to the grantee's wallet.
$mpDAO locked tokens into mpDAO Governance can start the unlock period inmediatly or opt to use this voting positions to support the and participate in the rewards program.
For more details on governance voting positions, see: