Earnings sharing
xDERP protocol earnings distribution
Last updated
xDERP protocol earnings distribution
Last updated
Shares of protocol earnings are distributed as indicated below:
Stablecoin pairs
Other cryptocurrencies
In order to capture the market shares of trading volume on zkSync for stablecoins, DerpDEX has implemented these tokens to have 100% fees for LP only and 0% protocol fees. The benefits are, liquidity providers for stablecoins will get 100% of the trading fees generated.
USDT
USDC
BUSD
TUSD
DAI
crvUSD
FRAX
MIM
LUSD
USD+
DerpDEX would direct the trading fees (non-stablecoins) distribution proportionally to all the stakeholders.
50% will be distributed to liquidity provider (LP)
40% to Derp DAO distribution (allocation % will be updated depending on the stage of protocol). For more information, see below:
30% for DERP buyback and burn
10% for cash-back for traders in stablecoins
0% for protocol earnings distribution for xDERP
10% for ops, tech, marketing & PR, BD and community management
Protocol earnings for Derp DAO allocation would be updated regularly depending on the stage and progress of the protocol profitability.
DERP buyback and burn
Cash-back for traders in stablecoins
Protocol earnings distribution for xDERP
Phase 1: Early phase
30% for DERP buyback and burn
10% for cash-back for traders in stablecoins
0% for protocol earnings distribution for xDERP
Phase 2: Product market fit (to be updated)
20% for DERP buyback and burn
10% for cash-back for traders in stablecoins
10% for protocol earnings distribution for xDERP
Phase 3: Scale and conquer (to be updated)
10% for DERP buyback and burn
10% for cash-back for traders in stablecoins
20% for protocol earnings distribution for xDERP
