Dividends distribute protocol earnings, to users in 7-days cycles who have allocated their xGRAIL tokens to this plugin. The accumulated tokens are obtained from transaction fees paid by other users. The distribution is based on a weekly epoch logic: every week, a fixed part of the owner-defined accumulated tokens is marked as to be distributed.
As an example, the user allocates 100 xGRAIL to dividends. Every week, the user receives shares of protocol earnings, as a share of transaction fees are distributed to dividend stakeholders. The user decides to deallocate his xGRAIL tokens from dividends, a 0.5% deallocation fee is applied and the user ends up with 99.5 xGRAIL and rewards earned through dividends.
A 0.5% fee is applied each time you wish to deallocate your xGRAIL from dividends
Pending rewards from dividends can be harvested at any time
For a complete understanding of the dividends plugin, view the instructional video and page description below.