Claiming Rewards
Last updated
Last updated
As a participant in the Phi Protocol ecosystem, you can earn rewards for deploying creds and driving quality participants to mint cred NFTs. This section will guide you through the process of viewing and claiming your protocol rewards.
Access Your Dashboard: Navigate to your user dashboard through the navbar of the Phi Protocol platform.
Total Rewards: At the top of your dashboard, you'll see your total rewards earned across all networks. In the example image, the total rewards are 0.00075 ETH.
Rewards History: Below the total rewards, you'll find a detailed history of your rewards. This includes:
Reward amount (e.g., +0.00001 ETH)
Receiving address
Type of reward (e.g., "minted")
Associated artID
Timestamp of the reward
To claim your protocol rewards:
Select Network: Use the "Select Network" dropdown to choose the network from which you want to claim rewards.
Initiate Claim: Click the "Claim" button next to the network selection.
Approve Transaction: You will need to approve the transaction in your wallet. Ensure you have enough gas (network fee) to complete the transaction.
Confirmation: Once the transaction is successful, your rewards will be transferred to your connected wallet.
Network Check: Always verify the network you're claiming rewards from. Different networks may have different withdrawal processes or fees.
Gas Fees: Be aware of the gas fees associated with claiming rewards. In some cases, if your rewards are small, it might be more economical to accumulate larger amounts before claiming.
By actively participating in the Phi Protocol and creating valuable Creds, you can earn rewards that contribute to the growth of both the ecosystem and your personal portfolio. Always stay informed about the latest updates to the rewards program and claim processes to maximize your benefits within the Phi Protocol ecosystem.
