Revenue Sharing

Summary

• The 10% of Pangea Swap's swap fee is accumulated to the revenue sharing fund by being swapped into oUSDT.

• The revenue is distributed to STONE stakers on a regular basis.

• STONE holders can claim the rewards by staking STONE. The share of rewards is calculated by staked STONE amount and length of staking period.

Revenue Sharing policy

1. Revenue Sharing address: 0x56AF1fc95BD6EDbcF77EdB9cCc25Db7e9dA79116

2. Accumulation policy

• Accumulation period: daily

• Each pool's swap fee of 10% is accumulated in the revenue sharing address.

• The revenue sharing contract swap the accumulated swap fees to stable coins (e.g. oUSDT) for secured rewards and own the rewards until distribution.

  • If a token has no swap route, the contract keeps the token until there is a swap route to stable coins.

3. Distribution policy

• Distribution period: quarterly

• Distribution token: oUSDT (or stable coin)

• How to distribute the revenue?

  • The oUSDT is accumulated from the Pangea Swap revenue during the current batch.

  • After closing the batch, accmulated oUSDT is distributed to STONE stakers.

  • The first distribution will be processed in April 2023, after closing the 2023 1Q batch (the distribution rewards include 2022. 12 revenue).

• Calculation