Skip to content

Commit

Permalink
Update givbacks.md
Browse files Browse the repository at this point in the history
Edited to reflect GIVbacks flip
  • Loading branch information
WhyldWanderer authored May 29, 2024
1 parent 977d76c commit f6c6b24
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion dapps/givbacks.md
Original file line number Diff line number Diff line change
Expand Up @@ -39,7 +39,7 @@ If you would like to request for a token to be considered GIVbacks eligible, you
## Getting GIVbacks
During each round, all donations to verified projects on the DApp are tracked, and this data is used to calculate the amount of GIVbacks received by each Giver for that period.

GIVbacks are distributed in two different blockchains, Gnosis and Optimism. All donations made in eligible tokens on Mainnet, Gnosis, Polygon or Celo will be rewarded with GIV on Gnosis chain; and the ones made in eligible tokens on Optimism will be rewarded with GIV on Optimism.
GIVbacks are distributed in two different blockchains, Gnosis and Optimism. All donations made in eligible tokens on Mainnet, Optimism, Polygon, Celo, or ETC will be rewarded with GIV on Optimism Network; and the ones made in eligible tokens on Gnosis chain will be rewarded with GIV on Gnosis.

Givers are able to claim their GIV after the round ends and a fraud review has been conducted. Donors will receive an email when the rewards are ready to be claimed on the [GIVbacks page](https://giveth.io/givbacks). A portion of the GIV will be liquid immediately, and the rest will increase the flowrate of their [GIVstream](https://giveth.io/givstream). To learn more about the GIVstream and how it works, check out our [documentation](https://docs.giveth.io/giveconomy/givstream/). For the purposes of this documentation, we will refer to the sum of the liquid amount and the amount allocated to the GIVstream from GIVbacks as `cumulative GIVbacks`.

Expand Down

0 comments on commit f6c6b24

Please sign in to comment.