OIP 3- Reclaim Unclaimed Monthly Rewards Proposal

1. Proposal

This proposal establishes a 6-month expiration period for unclaimed monthly loyalty program reimbursement rewards. After this window, any distributed but unclaimed rewards will be automatically reclaimed and returned to the Loyalty Rewards wallet for redistribution in future reward cycles.

The goal is to ensure that allocated rewards remain active within the ecosystem rather than lying dormant or unclaimed indefinitely. By implementing this reclaim mechanism, we can optimize the distribution of rewards to active participants and maintain a more efficient reward system.

This policy will apply to all future monthly epoch rewards starting with the next distribution cycle after this proposal’s approval.

2. Rationale

Monthly rewards are designed to incentivize active participation in the Odos ecosystem. When rewards remain unclaimed for extended periods, it suggests the recipients have ceased engaging with the protocol.

A 6-month claim window provides ample time for community members to claim their rewards while ensuring that allocated tokens continue to serve their intended purpose of incentivizing participation.

3. Implementation Plan

A 6-month countdown will begin for each reward distribution from the date rewards are made available for claiming. Clear notifications will be implemented in the claiming interface showing the expiration date for each reward. On the day following the 6-month period, the smart contract will automatically transfer unclaimed rewards back to the Loyalty Rewards wallet. 4. Benefits

Reward Optimization: Ensures rewards are distributed to active participants in the ecosystem. Economic Efficiency: Prevents indefinite fragmentation of tokens across inactive wallets. Increased Engagement: Encourages more regular interaction with the protocol. 5. Next Steps

Upon approval, the technical team will begin work on the 60-day expiration mechanism in the reward distribution contracts. DAO team will develop and execute a comprehensive notification strategy. DAO team will monitor the impact and effectiveness of this policy.