Blog

Season 2 Is Live: Here's How It Works

Ethos
February 10, 2026

Season 2 is live NOW. Here's how it works.

One Goal

Season 2 has one goal: deeply understand the Ethos incentive model and how it drives quality participation in the network. This precursors the ability to move the incentive model onchain. First, we must learn.

Three Ways to Earn XP

Contributor yield - Rewards for capital you put to work

Periodic rewards - Daily/weekly rewards for quality contributions

Multipliers - Bonuses that stack on everything

Contributor Yield: Passive Earnings on Positions

• Vouch for someone → earn XP on your staked ETH

• Hold market positions → earn XP on your holdings

• Trade markets → earn XP on volume

Put capital to work. Get rewarded.

Periodic Rewards: Daily and Weekly

Daily - Earn from engagement on your content. When people vote on your reviews, comments, and posts, you earn from their spent XP

Weekly - An epoch "lottery" for active validators, who split rewards with their delegators. Delegations are locked in from "The Decision"

Consistent participation compounds.

Multipliers Stack on Everything

• Credibility score: up to 2.5x

• Daily streak: up to 2.75x

• Validator NFTs: +0.1x each

• Delegation bonus: 1.2x

High trust + consistency = way more XP.

XP Isn't Just Earned. It's Spent.

Free actions = spam. Costly actions = signal. Every action is a choice, and skin in the game is required:

Writing reviews costs XP - But valuable content earns from the daily reward pool

Slash voting costs XP - Stake your XP to call someone out; they match your stake; community votes. Win and you take their stake — this is "Schelling Point Voting"

Slashing takes XP too - A dock to credibility AND a way to take the offender's XP (which you lose if the slash is defended)

Invites gift XP - Invite costs go directly to your invitee as a starting balance

Track Everything

All of this can be tracked in your Ethos XP wallet and the "Contributor XP" page.

26 Weeks

Season 2 lasts 26 weeks. At the end, users who chose the NFT in "The Decision" receive it, and XP staked into validators becomes unstaked. 50M XP was rewarded at launch for mid-season contributions.

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