πRewards
Last updated
Last updated
There are 4 kinds of rewards in the protocol, these rewards provide incentives for participation and engagement within the ecosystem. They can be claimed at specific times or as they accrue, ensuring that participants are rewarded for their contributions and voting power.
Emissions
1.Emissions represent $LOXO tokens distributed to liquidity pool stakers.
2.The amount of $LOXO distributed to each pool is proportional to the voting power received from the voters in each epoch.
Fees
1.Fees represent the trading fees generated by liquidity pools.
2.Voters in a pool receive their share of these fees in the form of pool tokens.
3.The tokens are streamed to voters proportionally based on their voting power and the accrued trading fees.
4.Fee rewards can be claimed as they accrue and do not need to be claimed each epoch.
Incentive
1.Liquidity pools allow external rewards, known as incentive, to be added by anyone.
2.Incentive can be contributed to whitelisted pools and are distributed only to voters in that specific pool.
3.The distribution of bribes is proportional to each voter's share of pool votes.
4.Incentive can be claimed after the epoch flips (typically after xxx 23:59 UTC).
Rebases
1.Rebases represent veLOXO tokens distributed to veLOXO holders to reduce voting power dilution.
2.These rewards can be claimed as they accrue and are streamed proportionally to all veLOXO holders.