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  • Emission:
  • Trading Fees:
  • Bribes:
  • Rebase:
  • Here is a description of each column in the table:
PreviousLocksNextTokenomics

Last updated 1 year ago

Emission:

Emission distribution in the protocol is determined by the total votes received by each liquidity pool in the previous epoch. Stake your LP in preferred gauges to earn a share of these emissions, which are continuously distributed in KELL and can be claimed at your convenience.

Note: To initiate the distribution of emission, the contract must accumulate all the vote during Epoch 0. Consequently, emissions will not be distributed in the first week after Keller's launch.

Trading Fees:

Trading fees originate from swap transactions associated with LP. You can earn these fees by voting for any gauge you desire a share of. These fees are distributed at the beginning of each epoch and are displayed in the Rewards Amount by Projected Fees. The rewards are provided in the same tokens as the LPs. For example, KELL / USDT rewards result in distributions of both KELL and USDT.

Note: To initiate the distribution of trading fees, the contract must accumulate all the vote fees generated during Epoch 1. Consequently, after the launch of Keller, there will be no trading fees distributed until the second week.

Bribes:

Bribes serve as supplementary incentives or voting rewards to entice voters. You have the opportunity to vote and earn in any gauge that is currently offering bribes. These bribes are distributed at the beginning of every epoch, and the payment is contingent on the tokens presented as bribes in each gauge. The specific tokens being offered are prominently displayed in the Rewards column of each gauge within the VOTE page table.

Rebase:

Rebase serves as a mechanism to counteract the dilution of voting power over time. The more individuals locking KELL, the greater the rebase you will receive. You can earn rebases by holding veKELL. To continue earning, ensure you extend your locks or acquire new veKELL. Rebase is claimable at any time, and it occurs at the beginning of every epoch. These rewards are paid in KELL and are automatically added to your veKELL balance when you initiate the claiming process.

Note: Rebase rewards are computed after seven days = 1 full epoch. This implies that each time you establish a new lock, it will commence receiving rebase only after the second epoch since its creation has elapsed. The same principle applies to the increased amount part of the NFT.

Here is a description of each column in the table:

Column
Description

ID / Balance

The unique ID of your veKELL + Balance.

Total Rewards

USD Summary amount of all 4 types of income.

Lock All KELL

Claim and Lock KELL from all types of income.

Claim all

  • Rebase

  • Fees & Bribes

  • Emission

Claim all types of income in less transaction.

  • Rebase of all NFT's will be claimed in one transaction.

  • Trading fees and Bribes per NFT in one transaction.

  • Emission of all LP's in one transaction.

Reward Type

Kind of rewards you earned.

LP Position

Amount of each token staked into that LP.

Rewards Earned / Value Earned

Amount of rewards you have earned for this topic.

Claim

Claim only the Rewards from a specific Card.

Lock / Add to Lock

Lock only KELL from a specific Card.