💲Fee Distribution

The total fee represents the income generated by the protocol.

As of June 30th, 2023, the EDE community has approved the "Fee distribution voting" proposal, which led to a redistribution of the protocol fee income. The updated fee distribution is as follows:

• 60% goes to ELP

• 10% goes to gEDE

• 5% goes to EDET stakers

• 25% goes to the DAO Treasury

On April 26th, 2023, the EDE community approved the proposal for $EDE Tokenomic 2.0, which has resulted in a reset of the distribution of protocol fee income.

Below is a breakdown of how the fee is distributed:

• gEDE(Staked EDE)：10%

• ELP Vault：45%

• DAO Treasury：35%

• EDET staker: 10%

EUSD Fee Distribution APR

EUSD Fee distribution APR that you see on the dashboard for $EDET staking represents a average of fees collected over the last 7 day period. $EUSD fees for these staking pools are distributed on a live basis, meaning that if a position is opened or closed, the fees associated with this transaction are sent to $ELP & $EDET stakers on a LIVE basis. You will not recieve rewards on a second by second basis for $EUSD, rather you will recieve rewards for a transaction by transaction basis. For $gEDE staking, the rewards are pooled & then distributed over a weekly basis. This means the APR will represent a second by second basis of the $EUSD rewards.