Staking and Revenue Sharing

As mentioned earlier, locking of pLP earns a share of protocol's revenue and fees, where 100% of the protocol revenue will do to pLP lockers. Protocol revenue is generated from taking a fee based on reserve factors for different pools. The more riskier the pool is, the more fees will be generated this way.

All fees accrued through locking of pLP will earn fees in various denominations (HLUSD, hUSDC, hUSDT, hDAI, etc). Users will be able to claim fees on a per-block basis.

Locked pLP Features

  1. Revenue will be distributed based on your share of locking power.

circle-info

User A has 100 locking power and there is a total of 1000 locking power. User A will receive 10 % of rewards.

  1. Locked pLP will receive 100 % of protocol revenue in 7 days.

circle-info

Protocol Earnings for Week 2: 10,000 HLUSD

10, 000 HLUSD will be distributed to locked pLPs over 7 days.

Last updated