Real-Yield Rewards
The Libertas Treasury generates ETH native token rewards (real-yield). Let’s start with a simple example: For this example, we will consider the transaction of $50.00 Sell & $50.00 buy.
5% of the selling tax & 6% of the buying tax will enter the Libertas Treasury, i.e.
($50.00)(0.05) + ($50.00)(0.06) —--------------------> Libertas Treasury
$2.50 + $3.00 —--------------------> Libertas Treasury
$5.50 —--------------------> Libertas Treasury
Note: The Libertas Treasury allocation will be converted into ETH before entering the Libertas Treasury; hence there will not be an influx of $5.50 worth of ETH that has entered the Libertas Treasury. Now, 0.0.1375$ worth of ETH will be the amount allocated and distributed as yield rewards from that one transaction.
For this reward structure, there are 2 factors to consider
Staking pool options. (30 days staking, 60 days, 90 days, etc)
Snapshot at the time of staking which records the amount in $ value of $XLB staked in the staking pool.
If Libertas treasury has 1000 ETH, then the daily yield rewards would be:
1000 ETH * 10% /365 = 0.27 ETH
Where,
1000 ETH is the ETH collected in the Libertas treasury,
10% is the percentage of yield shared over one year.
Below is the fixed % reward structure based on the staking pool.
The annualized rewards are weighted in such a way that it rewards long-term stakers.
Now, adding the total value locked in every staking pool,
From the additional column (initial amount locked definition: $ values denoting the total value locked in each pool), the initial amount locked is not equal among the 5 staking pools purposefully to show the difference in reward distribution.
The rewards will be distributed according to each staking pool's $XLB staked (weight).
Last updated