Mangrove
Mangrove
Mangrove
  • START HERE
    • What is Mangrove?
      • Smart offers
      • Bounty
      • Makers, Takers, Keepers
        • Makers
        • Takers
        • Keepers
    • Why Mangrove?
    • Who is the Mangrove dApp for?
    • Audits
    • FAQ
    • Glossary
    • Terms & Conditions
  • Strategies
    • Kandel
      • What is Kandel?
      • How does Kandel Work?
        • Step-by-step visual explanation
        • Parameters
        • Choosing Kandel parameters
        • Published Liquidity
        • More on failing offers
      • Potential risks
  • DAPP GUIDE
    • Swap
    • Trade
      • How to make an order
        • Market Order
        • Limit Order
        • Amplified Order
        • More on order types
      • Approvals
      • Minimum Volume
      • How to Track and Manage Orders
    • Earn
    • Rewards
    • Bridge
    • Wrap
  • MGV INCENTIVES
    • Fee Rewards
      • How the programs Work
      • Current programs
    • Vault LP programs
      • How the Programs Work
      • Current programs
      • Earning rewards
      • Example
      • Previous programs
    • MS2 Program (closed)
      • How Rewards Are Calculated
        • Reward Rate ρ
        • Takers Rewards
        • Adjusted Volume for Makers
        • How to Maximize Your Score
      • MGV Token Allocation per User Type
        • Specific Allocation for Kandel users and vault managers
        • Community Contributors
        • Incentives with a custom strategy
      • Epochs and Updates
    • MS1 Program (closed)
      • Intro
      • Trading Points
      • Boost
      • Referral Points
      • Community Points
      • Parameters
      • Technical Insights
      • MS1 FAQ
      • Disclaimer
  • Governance
    • General Governance
      • Key Stakeholders
        • Token Holders
          • Builders
        • Builders
        • Pods
      • Guardians
      • Governance Process
        • Initial Discussions
        • Proposals
        • Voting
        • Execution
    • Councils
      • Responsibilities
      • Elections
      • Budgets
    • Guides and resources
      • How to vote on a governance proposal
      • How to delegate my voting power
      • How to access the Builders’ directory
      • How to access the Pods’ directory
      • Snapshot configuration & membership
      • Links and adresses
  • QUICK LINKS
    • Whitepaper
    • Website
    • Feedback
    • Blog
    • GitHub
    • X
    • Discord
    • Telegram
    • Deployment adresses
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  1. MGV INCENTIVES
  2. MS2 Program (closed)

Epochs and Updates

PreviousIncentives with a custom strategyNextMS1 Program (closed)

Last updated 6 months ago

Time is divided into epochs for several purposes:

  • Distribution and Claimability: Rewards in MGV are continuously calculated and accrue over time. Users will be able to claim their earned MGV tokens at the end of each epoch, and once the MGV token becomes transferable.

  • Rewards page: Earned MGV tokens are shown on the dApp's "" page.

  • Announcements: Any changes to incentive parameters—including the allocation to types of usage and the reward rates ρ—are announced at the start of a new epoch.

  • Core principles remain unchanged: While the may adjust allocations and parameters during each epoch to respond to market conditions, the core principles of fairness, transparency, and rewarding genuine activity remain steadfast.

The distribution will consist of 6 epochs lasting 2 weeks each. Here are the dates with the unix timestamps (in second) :

Date: Tuesday, 11/19/2024, 12 GMT+1 - Timestamp: 1732014000

Date: Tuesday, 12/3/2024, 12 GMT+1 - Timestamp: 1733223600

Date: Tuesday, 12/17/2024, 12 GMT+1 - Timestamp: 1734433200

Date: Tuesday, 12/31/2024, 12 GMT+1 - Timestamp: 1735642800

Date: Tuesday, 1/14/2025, 12 GMT+1 - Timestamp: 1736852400

Date: Tuesday, 1/28/2025, 12 GMT+1 - Timestamp: 1738062000

Each epoch will have a budget of 1.6M MGV.

Rewards
Mangrove’s DAO Council