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delken-azuroDelvin Kennedy
andauthored
fixed formula term (#326)
Co-authored-by: Delvin Kennedy <delvinkennedy@D-K-Macbook-Air.local>
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pages/knowledge-hub/how-azuro-works/reward-distribution.mdx

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Apps' reward is paid monthly, separately for each chain. Each app's final take-home reward will be the lower of its *NotionalReward* and the sum of its *SpreadRewardCap* for that month.
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### SpreadRewardCap
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### SpreadRewardCap (SRCt)
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<Formula>
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$$
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$$
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</Formula>
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### NotionalRevenue
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### RevenueReward
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<Formula>
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$$
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\begin{array}{c}
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\textit{NotionalReward} = 70\% \times \textit{AppRevenue} \\
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\textit{RevenueReward} = 70\% \times \textit{AppRevenue} \\
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\\
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\text{where} \\
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\textit{AppRevenue} \text{ is the protocol revenue that is attributed to a particular app}, \\
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\textit{NotionalReward} \text{ is the notional reward for a particular app before applying } \textit{SRC}.
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\textit{RevenueReward} \text{ is the notional reward for a particular app before applying } \textit{SRCt}.
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\end{array}
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$$
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</Formula>

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