WispSwap whitepaper
  • ⏺️Overview
  • πŸŽ‡Launch & Enchated Pools
  • 🀝Business Enquiries
  • products
    • πŸ™ŒGetting Started
    • πŸ”„Token Swap
      • ↕️Concentrated Liquidity Market Maker
      • ⬆️Asymmetric Liquidity Market Maker
      • πŸ’§ Liquidity Pools
        • πŸ“ΌPool Types
        • πŸ’ΉZap
      • πŸ–ΌοΈspNFT
        • πŸ“°Properties
        • ⚑Yield farming
    • ⭐LSDfi
      • Overview
      • Background
        • LSTfi Challenges
        • Solutions with wispSUI
      • WispSUI
        • Risk mitigation
        • Basket composition
        • Basket rebalancing mechanism
      • vdAMM: Validator Decentralization Automated Market Maker
        • Overview
        • Fees structure
      • Integrating with wispSui
        • Developemt progress
        • Contract addresses
        • Minting wispSui
        • Swapping between LSTs
        • Other view functions
      • How to
        • Mint wispSUI with SUI
        • Mint wispSUI with LSTs
        • Swap between LSTs
        • Stake wispSUI
        • Withdraw wispSUI into LSTs
    • πŸ†Wisp-Prediction
      • 🀼Binary Option Prediction Market
      • πŸ–‡οΈCross-chain Prediction Protocol
      • ❔Wisp-Prediction FAQ
    • πŸ”ŒveWISP Plug-ins
      • 🀜Farm Boosting
      • πŸ”…Dividends Pool
      • ✍️Voting
    • πŸŒ‰Cross-Chain Bridge
  • Tokenomics
    • πŸ‘ΎWISP
    • πŸ‘½veWISP
    • πŸ’³Protocol earnings
    • πŸ”₯Deflation Mechanism
  • references
    • 🎯Roadmap
    • πŸ›‘οΈAudit
    • ♾️Official Links
    • πŸ—ƒοΈMedia Kit
    • ❔General FAQ
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On this page
  • Epochs
  • Handling of payouts
  • Detachment
  1. products
  2. veWISP Plug-ins

Dividends Pool

The majority of the protocol earnings are redistributed to users who allocate veWISP to the Dividends Pool.

This distribution of dividends can be in the form of one or more tokens and is ongoing on a reward-per-second basis through weekly epochs.

Epochs

The distribution process operates on a weekly epoch, whereby a fixed portion of the owner-defined accumulated tokens is marked to be distributed every week, and this process repeats every seven days.

Handling of payouts

Payouts handling involves distributing the tokens evenly over the epoch's duration and allocating them on a per-second basis to each user with an veWISP allocation on the Dividends plugin. The allocation is done in proportion to their share of the total allocation.

To put it simply, let's consider these values:

  • 1,000,000 veWISP allocated to the Dividends plugin

  • 100,000 USDC distributed daily

If a user has allocated 20,000 veWISP to the plug-in, they own 2% of the total allocation and will receive 2% of the daily rewards, which is 2,000 USDC.

Since dividends are distributed continuously, users do not have to wait until the end of the epoch to collect them.

Detachment

Detaching veWISP from the Dividends plugin can be done at any time without any conditions. However, a fee of 0.5% is charged.

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Last updated 1 year ago

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