💲Rewards

Fees

Represent liquidity pool trading fees are distributed to voters in pool tokens (e.g., if the pool is vAMM-SDX/USDC the distributed tokens are $SDX and $USDC). Trading fees generated can be claim at anytime in the Portfolio page.

• Unstaked positions receive 100% of the swap fees but no emissions

• Staked positions receive SDX emissions, while fees go to the gauge

Emissions

Each epoch, $SDX emissions are distributed to liquidity pools in proportion to the votes that the pools receive. veNFT voters are given bribes to allocate their votes to different liquidity pools. Liquidity providers (LPs) can stake their LP positions to receive a share of the emission reward tokens distributed to each pool in proportion to the size of positions and time staked. These rewards are distributed throughout the entire epoch and are available for claiming as they accrue.

Incentives

In addition to the fees, liquidity pools allow external rewards from anyone (known as incentives). Incentives can be added to whitelisted pools and are distributed only to voters on that pool, proportionally to their share of pool votes.

These rewards are available for claim after the epoch flips (after Wednesday 23:59 UTC), and are proportional to the voting power cast by a voter ($SDX).

Rewards claim

Rebase rewards claim is available one full epoch after tokens are locked. External incentives rewards are claimable after a new epoch has started (epochs increment right after 23:59 UTC each Wednesday).

An example of incentives, voting, and rewards claim timeline:

• A new epoch starts Thursday (00:00 UTC)

• Incentives are deposited at any point in the epoch

• Voters vote for their preferred pools

• Once the next epoch arrives (the following Thursday), users are able to claim rewards