🔒 Locker rewards and fees
Exploring the intricacies of the system
💵 Rewards
sdToken holders can earn rewards through:
- Underlying protocols due to their substantial holdings of the governance token.
- Receiving a portion (8%) of the 15% total performance fee from strategies.
- sdToken rewards, earned via vote incentives (made by users votes or by the DAO through delegation).
- Allocation of SDT, depending on the outcome of veSDT holders votes.
When available, Liquid Lockers also distribute :
- Vote Incentives derived from the exercise of sdToken voting power.
💸 Fees
All fees are performance fees, meaning that they are incurred when the harvest occurs (so on rewards).
- Most lockers have a performance fee.
- No fees on usage (depositing or withdrawal), providing no cost barrier for users.
Comprehensive breakdown of the performance fees for Liquid Lockers :
- 1% Harvest fee
These fees support the ongoing development and maintenance of the platform, ensuring its sustainability and continuous improvement for the benefit of all users.