Published numbers
Floor, bps, and daily cap are the live reward rule. Operators can tighten them. They cannot invent a second balance.
The live rule
| Term | Value | Meaning |
|---|---|---|
| Floor | $250 | Confirmed swap volume before BPS is listed. A fill below this can still settle. It does not write credit on its own. |
| Conversion | 50 bps | 0.50% of qualifying notional. |
| Daily room | $2,500 | Credit that posts in a UTC day stops here. Excess stays visible, unpaid. |
| Minimum redeem | $1.00 | USDG and LLM redeem both start at one dollar. |
| USDG per claim | $5.00 | Each vault claim is capped at five dollars. A 30-minute cooldown applies per wallet and network. |
What cannot change after a row posts
Changing the published rule later does not rewrite booked rows. A fill priced at 50 bps stays at 50 bps. One (tx, chain) pair still credits at most once.