Rewards distribution for Epoch 30

This proposal aims to execute the Rewards distribution for Epoch 30, targeting users staking sePSP1 and sePSP2.

Total Rewards for distribution:

44.785762786388961026 wETH

Note: WakeUp Labs fees for the distribution are 0.338431456824097958 wETH which will be also transferred on separate transaction in this same proposal on ETH Mainnet

Total Rewards for distribution for ETH Mainnet: 40.697922482690750775 wETH Merkle tree root hash: 0x23a6c1775dde2ddeb1c2c718f636f055f401caea14cdf6718d86b92f627cfe87

Total Rewards for distribution for OP Mainnet: 4.087840303698210251 wETH Merkle tree root hash: 0xf3b64ec51d9e9c7e48eb37323a2626012a1fd3be0976d191f79eea8a7f7d5601

Distribution files:

• IPFS Folder for Epoch 30 Rewards

Note: Rewards Epoch is equal to 29 due to first PSP 2.0 Epoch being Epoch 0 and communicated externally as Epoch 1

Transaction Details

If this proposal is approved it will perform 3 actions on ETH Mainnet and 2 actions on OP Mainnet:

1. approve wETH to be used by distributor contract
2. transfer wETH and update merkle tree root hash a. transfer wETH to distributor contract b. update merkle tree root hash
3. transfer distribution fees to WakeUp Labs in wETH (only on ETH Mainnet)

New Verification Tool

We’ve launched a new app that allows anyone to verify the integrity of the Rewards calculation. With this tool, you can:

• Recalculate the Merkle tree root hash using the published rewards file to ensure the data hasn’t been tampered with.
• Verify the reward data for any specific account, ensuring it matches what’s included in the distribution.

Useful links:

• Verification app
• Step-by-step guide and open-source code