Dividends

Allocate xGM to share part of protocol earnings.

Cat lovers, rejoice! The bulk of the protocol's earnings are generously sprinkled amongst users who have allocated xGM to the Dividends plugin. Think of it as a never-ending cat treat dispenser!

This dividend feast is served up in the form of one or more tokens, dishing out rewards continuously—every second, through weekly epochs.

Epochs

The feast follows a weekly rhythm. Each week, a fixed portion of the accumulated tokens, as decided by the big cat (the owner), is set aside for distribution.

This ritual repeats every 7 days, like clockwork!

Payouts handling

The distribution of these tokens is evenly spread throughout the epoch, allocated every second to every user with an xGM stake in this Dividends plugin, proportional to their share of the total allocation.

Let’s break it down with some numbers:

• Total xGM Allocated: 10,000 to the dividends plugin

• Daily Distribution: 10,000 PAW

If a user has allocated 200 xGM to the plugin, they own 2% of the allocations and will, therefore, receive 2% of the daily rewards—200 PAW.

The best part? Dividends are distributed continuously, so there’s no need to wait until the end of the epoch to collect your bounty.

Unstaking Fee

Decided to retract your xGM from this plugin? No worries! Deallocating your xGM is as simple as deciding not to nap on your favorite sunlit cushion. It can be done anytime, no strings attached.