Docs / Programs
Dividends
How the dividends share a pot among holders, how a share is worked out, and how you claim it.
A dividend shares a pot among eligible holders by a filter and a weight. Seven dividends exist, and a creator picks one or more at launch. On their own they run every day. When a token also runs a game, all of its programs run weekly, and the launch form does not let the creator change that.
| Program | Cadence | Who gets paid | Weighted by | Holding floor | Per-wallet cap | Wallets needed |
|---|---|---|---|---|---|---|
| Whale club | Daily | The top 100 holders | Average balance over the cycle | $10 for 24 h | 5% of a cycle’s pot | 20+ |
| Flat dividend | Daily | Every eligible holder | Equal shares | $25 for 24 h | 2% of a cycle’s pot | 50+ |
| Shrimp fund | Daily | The smallest 30% of holders | Equal shares | $25 for 24 h | 2% of a cycle’s pot | 50+ |
| Jeet jail | Daily | Holders who have not sold | Balance at the end of the cycle | $10 for 24 h | 5% of a cycle’s pot | 20+ |
| Midcurve | Daily | The middle of the pack | Square root of the balance | $25 for 24 h | 3% of a cycle’s pot | 34+ |
| Whale tax | Daily | The smallest 50% of holders, if they did not sell | Square root of the balance | $25 for 24 h | 3% of a cycle’s pot | 34+ |
| Gas money | Daily | Wallets that just started holding | Equal shares | $25 for 24 h | 1% of a cycle’s pot | 100+ |
How a share is worked out
Each dividend does three things, in this order:
- Filter. Only wallets that pass the holding floor and the dividend's own filter are counted. The filter can keep the biggest holders (Whale club), the smallest 30% (Shrimp fund), the middle of the pack (Midcurve), the smaller half without sellers (Whale tax), holders who have not sold (Jeet jail), or wallets that just started holding (Gas money).
- Weight. The pot is shared by a weight: average balance (Whale club), equal shares (Flat dividend, Shrimp fund, Gas money), the balance at the end of the cycle (Jeet jail), or the square root of the balance at the end of the cycle (Midcurve, Whale tax).
- Cap. No wallet can take more than a set share of the cycle's pot. The cap is in the table above.
Jeet jail locks a wallet out for 3 cycles after its sampled balance drops. A transfer that does not lower the sampled balance does not count.
Claim your share
Revvy publishes the list of what each wallet is owed, with a proof for each. A new list waits 12 hours before claims open, so a mistake can be caught. After that, you claim from the token page. The page checks the list against the one the pool holds on the chain before it lets you send anything, and you pay the network gas. Claim a dividend walks through it.
Each list adds to your running total, so you claim what is new. Dividends can be claimed for 365 days after the last list.
When a cycle does not pay
- The pot is under $20. It rolls into the next cycle.
- Too few wallets qualify for the cap. See Choosing programs.
- More than 20,000 wallets qualify for Flat dividend, Shrimp fund, Midcurve, Whale tax or Gas money. These programs roll rather than pay.
Rolled money is not lost: it stays in the pool and joins the next pot. Why haven't I been paid? helps you find the reason for a missing payment.
Related: Programs, Who is eligible, Trust and limits.