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Rewards

Emissions​

Represent $SPX distributed to liquidity pool stakers. The amount of $SPX distributed towards every pool is proportional to the voting power received from the voters every epoch.

These rewards are streaming and are available for claim as these accrue.

Fees​

Represent liquidity pool trading fees distributed to voters in pool tokens ( e.g., if the pool is vAMM-SPX/USDC the distributed tokens are $SPX and $USDC).

The tokens are streaming proportionally to the voting power cast by a voter and the accrued amount of trading fees.

These rewards are available for claim as they accrue. They do not need to be claimed each epoch.

Bribes​

In addition to the fees, liquidity pools allow external rewards from anyone (known as bribes). Bribes can be added to all gauged pools and are distributed only to voters on that pool, proportionally to their share of pool votes.

Bribes can be deposited at any point in the epoch.

These rewards are available for claim after the epoch flips (after Wednesday 23:59 UTC), and are proportional to the voting power cast by a voter ($veSPX).

Rebases​

Represent $veSPX distributed to $veSPX holders in order to reduce the voting power dilution.

These rewards are available for claim as these accrue and are streaming proportionally to all $veSPX holders.