Dividends

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.

For example, a user allocates 100 xGRAIL tokens to dividends. Every week, a new epoch starts, and rewards are reloaded. During each epoch, the user receives a portion of the protocol earnings, which is distributed to dividend stakeholders continuously. If the user chooses to remove their xGRAIL tokens from dividends, a 0.5% deallocation fee is charged, resulting in 99.5 xGRAIL tokens for the user, along with any rewards earned through allocation duration

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

Instructional video

Allocation, rewards claim and deallocation

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Last updated

Change request #142: Nitro pool guides