🎁Funder rewards

Funder rewards are a source of income for Updraft participants. They allow people who create or support good Ideas to earn--even if they don't implement the Idea themselves.

When an Idea or Solution offers a funder reward, you will see a gift 🎁 icon followed by a percentage. The percentage is the amount of each contribution that goes to previous contributors.

Funder reward amount

When someone creates an Idea, the funder reward is set to 10% by default.

When someone drafts a Solution, they can choose any percentage for the funder reward. Their choice creates a balance between allowing funders to earn and directly funding the Solution.

Paying the fee

If an Idea or Solution has a funder reward, you will pay that amount as a % fee when you make a contribution. It will be automatically deducted from your contribution transaction.

Contributions in the first cycle of a new Idea or Solution (usually the first 12 hours) don't pay a Funder Reward fee. Idea creators also don't pay this fee.

Determining earnings

How much you earn depends on three factors.

• The size of your contribution compared to other contributions.

• How much time passed since you made your contribution.

Earning potential increases linearly with each cycle. A cycle is a time period used for calculating rewards. Each cycle lasts 12 hours.

Contributors in the same cycle earn at the same rate, proportional to their contribution. This prevents front-running, where an attacker pays extra network fees to put a transaction ahead of another one after they've seen it.

• How much is contributed after your contribution.

For supporting Ideas

After you've supported an idea, you can see your position in that Idea, which tells you how much you've earned after subtracting the fees you paid.

Idea position

As a general rule, if more support is added to an Idea after your contribution than was added before, you will earn a profit.

For funding Solutions

When you fund a Solution, part of your contribution goes to the Solution Fund and part of it goes to past contributors as funder rewards. These appear as "fees" in your Solution position.

Solution position

You will start to earn funder rewards in the next cycle (12 hours).

You can collect funder rewards from the Solution page as you earn them.