Rewards

Bitcredit project rewards contributions with its project token, eIOU, a BRC-20 on Bitcoin mainchain. A total of 42 million tokens are issued every epoch, which is a calendar quarter (approx. 13,500 Bitcoin blocks). The issuance started in Q3 2022 and declines by 4.2% each epoch. Rewards are calculated monthly, pro rata to contributions in form of deliverables and expenses during the month.