Earnings sharing

xDERP protocol earnings distribution

Shares of protocol earnings are distributed as indicated below:

1. Stablecoin pairs

2. Other cryptocurrencies

Stablecoin pairs

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.

1. USDT https://www.coingecko.com/en/coins/tether

2. USDC https://www.coingecko.com/en/coins/usd-coin

3. BUSD https://www.coingecko.com/en/coins/binance-usd

4. TUSD https://www.coingecko.com/en/coins/true-usd

5. DAI https://www.coingecko.com/en/coins/dai

6. crvUSD https://www.coingecko.com/en/coins/crvusd

7. FRAX https://www.coingecko.com/en/coins/frax

8. MIM https://www.coingecko.com/en/coins/magic-internet-money

9. LUSD https://www.coingecko.com/en/coins/liquity-usd

10. USD+ https://www.coingecko.com/en/coins/overnight-fi-usdplus

Other cryptocurrencies

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

xDERP protocol earnings distribution

Protocol earnings for Derp DAO allocation would be updated regularly depending on the stage and progress of the protocol profitability.

1. DERP buyback and burn

2. Cash-back for traders in stablecoins

3. Protocol earnings distribution for xDERP

Phase 1: Early phase

1. 30% for DERP buyback and burn

2. 10% for cash-back for traders in stablecoins

3. 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