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Add missing __TOC__ per Theo's request
Rename rewards -> subscription tokens (terminology harmonization)
 
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| Donor-defined amount
| Donor-defined amount
| Donor + Foundation
| Donor + Foundation
| Bonding curve rewards + beneficiary years
| Bonding curve subscription tokens + beneficiary years
|}
|}


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=== Revenue Distribution ===
=== Revenue Distribution ===
Each incoming franc is intended to be distributed following the '''25/25/50 rule''', automatically and pro rata across the Reward holders of each pool:
Each incoming franc is intended to be distributed following the '''25/25/50 rule''', automatically and pro rata across the Subscription Token holders of each pool:


{| class="wikitable comparison-table"
{| class="wikitable comparison-table"
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| '''25%'''
| '''25%'''
| Donors (Roundtable 1)
| Donors (Roundtable 1)
| Pro rata to the Rewards held by each donor
| Pro rata to the Subscription Tokens held by each donor
|-
|-
| '''25%'''
| '''25%'''
| Early supporters
| Early supporters
| Pro rata to the Rewards held by each early supporter
| Pro rata to the Subscription Tokens held by each early supporter
|-
|-
| '''50%'''
| '''50%'''
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|}
|}


ℹ️ The distribution applies to each incoming franc. There is no guarantee of distribution timing: it depends on revenue growth. Early supporters accept this risk in exchange for the ×100 → ×30 bonding curve reward ratio.
ℹ️ The distribution applies to each incoming franc. There is no guarantee of distribution timing: it depends on revenue growth. Early supporters accept this risk in exchange for the ×100 → ×30 bonding curve subscription token ratio.


=== Governing Principles ===
=== Governing Principles ===
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* 🔄 '''Surplus return''': structural rule, not discretionary policy
* 🔄 '''Surplus return''': structural rule, not discretionary policy


'''See also:'''  [[Gov/en/Portal:Economy/Payment-Methods|Payment Methods]] [[Gov/en/Portal:Economy/Subscriptions|Subscription Model]] [[Gov/en/Portal:R&D/Innovations:Bonding Curve|Bonding Curve]] [[Gov/en/Portal:Economy/Financing-Development|Financing Development]]
== See also ==
* [[Gov/en/Portal:Economy/Rewards|Subscription Tokens]]
* [[Gov/en/Portal:Economy/Rewards-FAQ|Subscription Tokens FAQ]]
* [[Gov/en/Portal:Economy/Subscriptions|Subscription Model]]
* [[Gov/en/Portal:Economy/Need-Driven-Funding|Need-Driven Funding]]
* [[Gov/en/Portal:R&D/Innovations:Bonding Curve|Bonding Curve]]
* [[Gov/en/Portal:Economy/Payment-Methods|Payment Methods]]
* [[Gov/en/Portal:Economy/Financing-Development|Financing Development]]


[[Category:Migration June 2026]]
[[Category:Funding]]
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