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Impact Farming and Staking
Impact farming is an incentive mechanism set up to reward contributors for their support on a regular basis. It allows anyone to claim $PACT tokens as rewards for their cUSD contributions to back UBI in vulnerable communities.
New $PACT tokens will be available every epoch (24h) and can be claimed 15 epochs after each contribution. The rewards calculation and allocation will happen based on how much $cUSD each contributor has donated vs the total raised on 30epochs.
Impact farming is only available when donating to the DAO or to a specific community using cUSD (sending directly to the smart contract address isn’t considered for rewards).
Stake your $PACT tokens and get extra rewards by earning interest after 24 hours of allocation.