This will happen in 2 phases/releases:

Release 1: Offchain (ASAP — week of 18 Aug)

• User will be able to change the amount of rewards that they keep vs. the amount that is allocated to their Fans. (currently set to 50/20/20/10 if casting in channels, and 70/20/10 if not casting into channel.

  • So we should ask them what % they want to share with their Fans, and they can enter a number greater than 20%. (cannot be lower than 20%)
    • In UI need to make clear that 10% will always go to network and 20% to channel if casted into channel
  • They will do this in frame. They can do this from the Everyday Rewards frame/cast action

  

  • We will require them to sign a message to confirm the change in splits.
  • Once changed, it will affect all rewards earned from that point forward.
  • User can go back and change it again, and it will immediately impact all earnings from that point forward.
  • Notes for UX:
    • should be able to edit splits from the cast action/ frame as show above
    • should be able to send yourself a DC to edit this from your profile on airstack
    • should be reflected in the ux wherever it shows “shares 20% with fans…”

Release 2: Onchain

1. The above will all happen onchain rather than in our DB.
2. User can also specify a different beneficiary address for their rewards (in a separate step). E.g. if i want to send my rewards to a charity or another person. Under this scenario user will never take custody of the rewards, it will be routed directly from protocol to designated beneficiary.

FAQ

1. In release 1: Can i just choose to payout a certain amount of my currently accumulated rewards to my fans?

   1. No, it applies to all rewards you earn from that point forward.

2. In release 2: Can I ask the protocol to reroute my accumulated rewards to a different beneficiary?

   1. Yes. This could be made possible if user has not claimed it yet.