The WAX Blockchain mainnet and Protocol Tokens are now live! Swap before August 30, 2019

Introducing the WAX Worker Proposal System

Jun 25, 2019

As we near the WAX Blockchain mainnet and protocol token launch on June 30, we’d like to introduce to the community the WAX Worker Proposal System (WWPS).

The WWPS is a program that’s designed to incentivize and compensate community developers who build upon the WAX Blockchain. The WWPS allocates funds to be distributed to developers who work on community needs, patches, and upgrades. In exchange for their time and effort contributing to the development of WAX, these developers will be eligible to receive WAX Tokens from the WWPS.

Through the WWPS, the WAX Community enjoys a decentralized structure by reducing the reliance on a single source for new additions. Similar (but less formal) incentive programs in the past from both WAX and OPSkins have been beneficial for everyone: the developers who are compensated for their efforts, the community for having access to additional tools and services, and our organization which can leverage the creativity of the community to advance projects.

The WWPS will be funded from 1% of WAX annual inflation. The WWPS will not be eligible for GBM Rewards as to encourage active distribution of the funds to developers.

More information about how to apply for the WWPS will become available after the WAX Blockchain mainnet launch.

---

Let us know what you think by joining the WAX community:

Twitter

Telegram

Reddit

Facebook Twitter Email Linked In

Related Articles

Blog Image

The WAX Blockchain mainnet is live! Here are the 7 things you need to know.

The WAX Blockchain mainnet and WAX Protocol Tokens are now live! Here are the 7 things you need to know about what comes next

Read More
Blog Image

The $25,000 #BuildOnWAX competition

Now that the WAX Blockchain is live, we’re launching a $25,000 #BuildOnWAX competition. Duplicate an existing EOS dApp onto WAX or build a brand new one, and you can be one of the three prize winners and earn up to $10,000!

Read More
Blog Image

How to launch an EOS dApp on WAX in just six easy steps

EOS dApp developers easily duplicate their dApp onto WAX with just a few clicks, and immediately gain access to WAX Token holders and millions of OPSkins customers.

Read More

Sign up to receive updates from the WAX team