From 2b55569a14e8b5041cf07f0439b574d5699ccbd6 Mon Sep 17 00:00:00 2001 From: Shane McGovern Date: Thu, 14 Dec 2023 12:27:39 +0000 Subject: [PATCH] Updating arch-0049 --- ARCs/arc-0049.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/ARCs/arc-0049.md b/ARCs/arc-0049.md index ac429d4af..ba5fdd09d 100644 --- a/ARCs/arc-0049.md +++ b/ARCs/arc-0049.md @@ -25,7 +25,7 @@ NFT marketplaces applying for this program: ### Allocation of rewards - Rewards will be allocated proportionally based on volume for each qualified NFT marketplace. -- For qualifying marketplaces with more than 50% of total NFT marketplace volume, rewards will be capped at 50%. +- For qualifying marketplaces with more than 50% of total NFT marketplace volume, rewards will be capped at 35%. ### Requirements for initiatives 1. The rewards (ALGO) must ultimately go to NFT collectors/end users and creators.