Revenue sharing
To earn protocol revenue in fxSAVE and participate in token boost incentive voting, you need to stake your $NOVA tokens on Novadash. The platform offers various staking durations, each with specific benefits:
1 Month
1 Share / $Nova
0.25 $veNOVA / $NOVA
4 Months
6 Share / $Nova
0.50 $veNOVA / $NOVA
8 Months
15 Share / $Nova
0.75 $veNOVA / $NOVA
12 Months
25 Share / $Nova
1.00 $veNOVA / $NOVA
Example:
Three usersâJohn, Patrick, and Lucyâstake their $NOVA tokens for different durations:
John: Stakes 100 $NOVA for 4 months, earning 600 shares (100 * 6).
Patrick: Stakes 200 $NOVA for 12 months, earning 5,000 shares (200 * 25).
Lucy: Stakes 500 $NOVA for 1 month, earning 500 shares (500 * 1).
The total shares in the system amount to 6,100 (600 + 5,000 + 500).
Assuming the protocol generates $20,000 in revenue for the month, the distribution would be as follows:
John: Holds 9.84% of the total shares (600 / 6,100), receiving $1,968 (0.0984 * $20,000) worth of fxSAVE to claim.
Patrick: Holds 81.97% of the total shares (5,000 / 6,100), receiving $16,394 (0.8197 * $20,000) worth of fxSAVE to claim.
Lucy: Holds 8.19% of the total shares (500 / 6,100), receiving $1,638 (0.0819 * $20,000) worth of fxSAVE to claim.
Calculations
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