🤑Dividends Plugin

A share of protocol earnings are redistributed to users who allocate xTORCH to the Dividends plugin.

This dividends distribution can be done in the form of one or more tokens, and happens continuously (reward/second), through weekly epochs.

Epochs (Periods)

Dividend distributions occur every seven days as a weekly epoch (period).

Payouts Handling

The distribution of reward tokens is spread equally over the duration of the epoch, and allocated every second to every user with an xTORCH allocation on the Dividends plugin in proportion to their share of the total xTORCH allocated to this plugin.

Users may deallocate from the plugin anytime regardless of the Epoch time status.

Example:

Given:

• A total of 1,000 xTORCH is allocated to the Dividends plugin

• There is a daily distribution of 1,000 USDC

Therefore: If a user has allocated 20 xTORCH to the plugin, he owns 2% of the allocations and will therefore receive 2% of the daily rewards: 20 USDC.

Dividends are distributed continuously. Users do not need to wait for the end of the epoch to collect them.

All plugins charge a 0.5% fee for deallocating xTORCH.