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

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

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