🏦┃Protocol earnings
Last updated
Last updated
The protocol transaction fees are distributed as follows:
60% for Liquidity Providers in LP tokens
12.5% dedicated to GRAIL buyback and burn
5% to the Operating expenses
85% for Liquidity Providers in LP tokens
3.5% dedicated to GRAIL buyback and burn
3% to the Operating expenses
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:
3% to the Operating expenses
This ultimately leaves Gamma with 13.25% of gross fees generated by their vaults.
22.5% redistributed to xGRAIL holders through plugin
7% redistributed to xGRAIL holders through plugin
1.5% to Algebra for licensing
5% redistributed to xGRAIL holders through plugin