veMUX holders, MUX3LP holders and MUXLP stakers can earn protocol income and MUX rewards.
The native protocol income collected from trading fees will be allocated as follows:
Total Protocol Income × (85% × POR + 15%): Allocate for veMUX holders (in ETH)
POR is the rate of Protocol Owned Liquidity
V3 Trading Protocol Income × 85% × (1 - POR): Allocate for MUX3LP holders
V1 Trading Protocol Income × 85% × (1 - POR): Allocate for MUXLP stakers (in ETH)
100% of the referral rebates MUX Aggregator earns from integrated protocols will be allocated to veMUX holders.
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
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.
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
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