Paid in USDG, every day at 18:00 UTC.
80% of what the liquidity book earns is paid to LOOM holders once a day, in proportion to what they hold. It is sent to your wallet automatically. You do not need to claim, but you can if a payment did not arrive.
Next payout
--h --m
until the 18:00 UTC payout
Paid so far$0.00Sent to holders
Published so far$0.00Set aside in snapshots
Payouts0Daily epochs
How a payout happens
- The book is collected. Fees from every position are gathered, and stock-side fees are sold for USDG.
- The split is made. 80% of the day's earnings is set aside for holders. 20% goes back into the book.
- Balances are snapshotted. Each eligible wallet's share is its balance over the total eligible supply. The snapshot is published with a proof for every wallet.
- USDG is pushed. Payments go straight to wallets. Anything not pushed stays claimable below.
Who is eligible
- Wallets holding LOOM at the snapshot, paid in proportion to their balance.
- Contracts are excluded: pools, lockers, exchanges' contracts and the protocol's own addresses. Their share goes to everyone else.
- If you hold through a smart contract wallet, it may be treated as a contract. Hold in a plain wallet to be sure.
- A day with no earnings pays nothing. Payouts are never made from the book's principal.
Payout history
The payout contract is not deployed yet
Every daily payout will be listed here with its total, how much has been sent, and a link to the published snapshot.
Check my payout
Once the payout contract is live you can check any wallet here and see every payout it received, with a claim button for any that were not pushed.
Payouts depend on what the book earns, which depends on trading in the pools it holds. They can be small, and on some days zero. Buying just before a payout and selling after costs the tax both ways. None of this is investment advice.