Emissions Schedule
Last updated
Last updated
The main stakeholders of a typical AMM (on Monad Chain), including veRCT holders, LPs, users, and protocols, are all aligned by the ve(3,3) dynamics that determine RCT emissions.
veRCT holders — are incentivized to vote either for the highest volume pools (because the greater the volume, the greater the amount of fees produced as a result), or the ones on which protocols have deposited voting incentives to bootstrap their liquidity. This allows these protocols to create positive feedback loop, if the token generates strong volume.
Liquidity Providers (LPs) — are incentivized with emissions driven by “Real Yield” based metrics.
Traders — benefit from the low slippage thanks to the liquidity provided, in concert with the latest and greatest battle-tested vAMM / sAMM tech.
Protocols — have access to a cooperation oriented liquidity layer. They benefit from capital efficient trading conditions for their tokens, and they can incentivize their liquidity via bribes offered to veRCT holders.
Weekly emissions (at inception): 5,000,000 $RCT
Weekly emissions decay: 1%
Weekly veRCT rebase: Up to 30%
Weekly developer wallet allocation: 4%