How does the Republic Note pay dividends?

The buyer dispatch frames the Republic Note as a 'dividend machine on paper' with commission flows, carry splits, and a $2 million trigger that trips the payout pool [dispatches]. That is the structure the record signals: a pool fed by Republic's deal economics, with a $2 million threshold tied to the payout mechanism.

The corpus documents extensive communication activity around the Note — a Telegram AMA [Republic Note AMA — 2020-07-02], a Zoom Q&A [Republic Note Q&A — 2020-07-14], and an Early Investing webinar [2020-07-30] — but does not contain a published figure for what holders have actually been paid to date.

This is a stated edge: a decade of Reddit demand asks about Republic Note payouts and grievances [Reddit demand; white-space], and no founder-authored payout disclosure appears in these chunks.