Note: The Bytes 2.0 Proposal would cause major changes to $BYTES tokenomics and, when implemented, it will radically change how yield is calculated.
Yield is provided in Bytes for the next 10 years (subject to change). Byte generation is dependent on your citizen yield.
- The longer you citizen is uploaded, the higher your yield increases.
- The rate of increase is an additional 0.0027 bytes per day.
- This will equate to one extra Byte a day after upload is held for a year.
If you download your citizen (disassemble), your yield increase stops.
- If you re-upload your citizen, your yield increase is reset to 0.
- Avoid downloading citizens to ensure maximum yield over time.
How many Bytes have I accumulated?
Go to this link.
- 1.Click on 7.
- 2.Paste in your wallet address.
- 3.Click query.
How is $BYTE yield calculated?
Yield is an additive number calculated by:
- The “creditYield” of your ID.
- The “creditMultiplier” of your vault (optional).
An addition between the yields as per table below will be your daily bytes reward
Bytes can only be claimed as full numbers.
- If your yield is 2 Bytes per day, you will be able to claim 1 Bytes every 12 hours.
How do I claim $BYTES?
Refer to the $BYTES article for information on claiming.
•Go to this link.
- Connect your MetaMask to Web3.
- Select option 6.
- Click write and approve the transaction.
This will cost gas so it's preferable to claim your $BYTES during low gas times.
- To optimize yield claiming, ensure you claim as close as possible to a full byte being generated.
- As only full $BYTES are claimable, partially-generated Bytes will disappear as the counter is reset from claiming.
- E.g. If you have 2.8 $BYTES to claim, only 2 can be claimed while 0.8 would be lost.
Determine when a full $BYTES will be generated can be checked on the following website:
- https://bytestobytes.com/
- Consider gas prices at the time of claiming.