Differences

This shows you the differences between two versions of the page.

--- poolinfo:rewards [2021/08/25 09:06] – vleesbanaan
+++ poolinfo:rewards [2023/11/29 12:39] (current) – added threshold inspect info vleesbanaan
@@ Line 1: / Line 1: @@
 ===== How are rewards distributed? =====
-We distribute rewards based on PPLNS(24h).
+We distribute rewards based on PPLNS(24h) per block. We then batch the payments to a single daily transaction, which happens slightly after 19:00 PM UTC.
+Our [[https://spacefarmers.io/blocks|blocks page]] lists all the blocks that have been found since pool inception, with corresponding pay-outs.
 ==== PPLNS(24h) ====
-Per per Last Number of Shares (PPLNS) means that the block reward (1.75XCH) is split among our members based on a farmers points from the 24 hours window ending at the time the block was found.
+Pay Per Last Number of Shares (PPLNS) means that the block reward (1.75 XCH) is split among our farmers, based on each farmer's collected points from the 24-hour window ending at the time the block was found..
+==== Multicoin Pay-out ====
+We have partnered with SimpleSwap.io to offer the option to receive your Chia farming rewards in a diverse range of cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH),Litecoin (LTC) and many others!
+To use this functionality, [[/poolinfo/dashboard/login_help|log in to your dashboard]], and navigate to the [[/poolinfo/dashboard/personalize|settings page]]. Here you will find the option to select your preferred pay-out coin. Is your prefered coin not on the list? Then please inform us, so that we can see if we can add it to the selection.
+=== Threshold ===
+Note that some coins have a minimum payout threshold, which is dictated by SimpleSwap. You can check the payout threshold by hovering over the swap symbol of the next payout batch in the payouts tab. If your threshold is not met in a given week before Sunday 19:00 PM UTC, your outstanding balance will be automatically paid out in XCH.
+You can review your pending payouts in your payouts tab. If a swap has been succesful, this is indicated with a green swap symbol. Additional information about the swap is provided if you click the symbol, including a link to your swap details on SimpleSwap. {{:poolinfo:swap_payout2.png?600|}}
-We switched from a dual system of PROP+PPLNS(24h) to our current system, because the former system incentivized farmers to leave right after a blockfind for some time, while also being unattractive for new farmers after finding a new block.
-To see how we distributed rewards in the past, please see our [[https://spacefarmers.io/blocks|blocks page]].