♻️ Reflows

Every transaction fills the myXXX token fee reserve until it maxes out - at this stage, the fee reserve is redistributed to all myXXX token holders.

Here’s a quick example of how the process works - let’s assume Robert holds XXX and wants to accumulate more XXX:

He swaps 1 XXX on a DEX and receives 0.982 myXXX
As other users and arbitrage traders enter and exit their positions, a portion of the fees generated is redistributed to Robert through reflows
After 3 months, he now has 1.1 myXXX relative to his initial position
Robert cashes out and burns his 1.1 myXXX to unlock 1.089 XXX, resulting in a profit

Last updated 2 years ago

Every transaction fills the myXXX token fee reserve until it maxes out - at this stage, the fee reserve is redistributed to all myXXX token holders.

Here’s a quick example of how the process works - let’s assume Robert holds XXX and wants to accumulate more XXX:

He swaps 1 XXX on a DEX and receives 0.982 myXXX
As other users and arbitrage traders enter and exit their positions, a portion of the fees generated is redistributed to Robert through reflows
After 3 months, he now has 1.1 myXXX relative to his initial position
Robert cashes out and burns his 1.1 myXXX to unlock 1.089 XXX, resulting in a profit

Last updated 2 years ago