OGX inflation rewards and transaction fees will be distributed to users who stake OGX tokens and mint synthetic assets in the system. Users with collateral ratio more than 800% will be rewarded. The reward period is one week, rewards need to be claimed manually by the user. Rewards not claimed within one week will go back to the reward pool and distributed to users in the next cycle.

Example

Jan 1 - Jan 7, there will be 1,000,000 OGX inflation rewards and 1,000,000 oUSD rewards in the pool.

Claimable period for the rewards is Jan 8 - Jan 28.

For rewards accumulated between Jan 8 - Jan 14, rewards can be claimed between Jan 29 - Feb 4.

The rewards in four cycle can be claimed in one click to reduce gas cost.

For rewards accumulated between Jan 1 - Jan 7, during the period, rewards not be claimed will go back into rewards pool, and be distributed in the cycle between Jan 29 - Feb 4.

There will be a one-year lock-up period for OGX inflation rewards, which can be checked in Escrow module. For oUSD transaction rewards, there is no lock-up period.

Shorting Rewards

Users providing OGX-BNB and oUSD-USDT liquidity will be distributed a certain proportion of OGX inflation rewards, the rewards need to be claimed manually, but there is no time limit to claim the rewards, either there is no lock-up for the rewards.

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Last updated 2 years ago