Distribution
Last updated
Last updated
Rewards are distributed every second, so users can claim as often as they like. Every 24 hours, the reward pool is topped up automatically and extended for another 24 hours. All fees/rewards collected by the protocol are distributed as follows.
sWAX / lsWAX Holders
85%
Used for autocompounding lsWAX token, and giving WAX rewards to sWAX holders, in proportion to the lsWAX:sWAX ratio
Liquidity Incentives
8%
Farming rewards given to liquidity providers for specific tokens that benefit the overall WAX ecosystem
Protocol Owned Liquidity
7%
Used for growing protocol owned liquidity, in order to increase reward generation over time for our users, as well as deepening liquidity for lsWAX/WAX on decentralized exchanges
In the table above, the Liquidity Incentives row mentions tokens that benefit the overall WAX ecosystem. As WaxFusion aims to positively contribute to the WAX community and its token ecosystem, we will be using 8% of revenue to add liquidity incentives for the following token pairs.
WAXDAO/lsWAX
9.375%
WAXDAO is a utility token for waxdao.io, created by the developers behind WaxFusion
HONEY/lsWAX
9.375%
HONEY is the native token of nfthive.io, one of the largest NFT marketplaces on WAX
NEFTY/lsWAX
9.375%
NEFTY is the token for neftyblocks.com, another popular NFT marketplace on WAX
WOMBAT/lsWAX
9.375%
WOMBAT is the token for wombat.app, created by the same people who have now taken over wax.atomichub.io
LSW/lsWAX
9.375%
LSW is another liquid staking token on WAX, developed by Alcor, a popular decentralized exchange
TACO/lsWAX
9.375%
TACO is the main token of a decentralized exchange on WAX, called TacoSwap
lsWAX/WAX
43.75%
LSWAX paired against the native WAX token
Total
100% (of 8%)