Documenting here for examples:
How Will Accrued Fees Be Distributed to ALPHA Stakers?
- 75% of the total fees accrued by the Alpha Homora protocols will be distributed to all ALPHA stakers in a form of ALPHA tokens. ALPHA stakers will receive tokens in proportion to the amount of ALPHA personally staked vs. total ALPHA staked.
- 5% of current fees collected by Alpha Homora are set aside for long-term developer grants, as Alpha continues to innovate and decentralize the project
- 20% of fees accrued by the Alpha Homora protocol will repay outstanding debt owed to C.R.E.A.M. (additional details here)"
We (USF) do not have the 20% debt they have but it’s interesting the fees are distributed in ALPHA.
Q: Anyone know how that is calculated?
I think the fees, themselves, are collected in ETH, similar to USF, so some conversion must take place in a price conversion, but the treasury keeps the ETH?
We will have to have a separate thread just on “Fee Distribution” but just documenting here.