This proposal is for getting community approval to provide TNKR rewards on the Basilisk Finance platform alongside BSX, boosting overall rewards & incentivizing users to provide more liquidity on the platform in exchange for said rewards.

TNKR Rewards on Basilisk

UnitedBloc - Proposal to Provide RPC Services to Basilisk Kusama Mainnet

Summary: Collator reward compensation request for the time before rewards have been enabled.

Price: Kraken 30d EMA $0.00011150

Requested Tip USD: 6 x 500 $

Requested Tip: 26,905,829.6 BSX

Timespan: 6 Months (August 2022 to January 2023)

Description:

The initial launch collators of Basilisk have been onboarded to parachain collation on the 4th of August 2022.

The automatic block-based reward distribution is still not enabled so there will be a second request for the time from February 2023 till reward automation.

I hereby request compensation of the unpaid rewards for the duration of 6 months for the collator "🔱Masternode24🔱" (bXgscwUs8AfFX9fihuDot3UAYeYHz1QfayPtWeMAbXVSjT38N).

The calculation is based on the monthly target reward rate of 26,905,829.6 BSX.