🏦┃Protocol earnings
The protocol transaction fees are distributed as follows:
V2
60% for Liquidity Providers in LP tokens
22.5% redistributed to xGRAIL holders through Real Yield Staking plugin
12.5% dedicated to GRAIL buyback and burn
5% to the Operating expenses
V3
85% for Liquidity Providers in LP tokens
7% redistributed to xGRAIL holders through Real Yield Staking plugin
3.5% dedicated to GRAIL buyback and burn
3% to the Operating expenses
1.5% to Algebra for licensing V3 AMM
V3 vaults
Camelot also receives a portion of the fees from Gamma’s vaults, ~⅓ of a 25% performance fees, i.e., 8% of the total, split between:
5% redistributed to xGRAIL holders through Real Yield Staking plugin
3% to the Operating expenses
This ultimately leaves Gamma with 13.25% of gross fees generated by their vaults.
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