Income Allocation

veMUX holders and MUXLP stakers can earn protocol income and MUX rewards.

MUX Native Trading Protocol Income Allocation

Native Protocol Income Allocation

The native protocol income collected from trading fees will be allocated as follows:

Total Protocol Income × (70% × POR + 15%): Allocate for veMUX holders (in ETH)

• POR is the rate of Protocol Owned Liquidity

Total Protocol Income × 70% × (1 - POR): Allocate for MUXLP stakers (in ETH)

Total Protocol Income × 15%: Purchase MUXLP and add as protocol-owned liquidity

Integrated Protocol Referral Rebates Allocation

100% of the referral rebates MUX Aggregator earns from integrated protocols will be allocated to veMUX holders.

MUX Rewards Allocation

1,000 MUX will be distributed to veMUX holders and MUXLP stakers daily, allocated as follows:

1000 × (1-veRate) × (1-POR): Allocate for MUXLP stakers

• veRate is the MCB and MUX staking ratio

• veRate = veMUX Total Supply / (MCB Circulating Supply + MUX Circulating Supply)

The rest will be allocated for veMUX holders

Income & Rewards Distribution Time

Weekly rewards (ETH and MUX) for veMUX are distributed at the end of every epoch. Therefore, you can see and claim all rewards from the previous epoch on Thursdays UTC.

ETH rewards for MUXLP staking are gradually distributed after your first epoch. MUX rewards for MUXLP staking are gradually distributed after you start staking.

Epochs start and end weekly on Thursdays UTC.

MUX Degen Protocol Income Allocation

The DegenLP pool protocol income will be allocated as follows:

DegenLP Pool Income × 85%: Allocate for veMUX holders (in ETH)

• DegenLP Pool × 15%: Purchase DegenLP and add to the DegenLP pool

After the DegenLP pool is open for more whitelisted LPs, the whitelisted LP income will be allocated as follows:

Whitelisted LP Income × 70%: Allocate for Whitelisted LPs (in USDC) Whitelisted LP Income × 30%: Allocate for DegenLP pool protocol income

• DegenLP Pool Income × 85%: Allocate for veMUX holders (in ETH)

• DegenLP Pool × 15%: Purchase DegenLP and add to the DegenLP pool