Locker Rewards and Fees
Rewards
sdToken holders earn rewards from multiple sources:
- Protocol rewards — Underlying protocol distributions (e.g., CRV, BAL) from the locker's governance token holdings
- Strategy fee share — A portion of performance fees from strategies using the locker's boost
- Vote incentives — Earned through voting or delegation
Fee Structure
Liquid Locker fees are performance fees only — charged when rewards are harvested, not on deposits or withdrawals.
Fee distribution typically includes:
- Liquidity incentives — Supports sdToken/token liquidity pools via vote incentives
- DAO treasury — Funds protocol development and operations