Yield Harvest and Distribution
Last updated
Last updated
New native asset rewards, earned from providing liquidity to a strategy or staking BIOS, are distributed to the user every time yield is harvested from the 0xNODE AI Strategies. Users manage their rewarded yield through system11.0xnode-ai.com (i.e., view yield, claim/withdrawal yield, or enter yield into a strategy).
The 0xNODE AI yield harvester is the protocol that distributes rewards to users as claimable native assets. To liquidate yield the protocol periodically harvests funds deployed into high-performing pools by 0xNODE AI Strategies. The protocol updates the annual percentage rate (APR) for each strategy on the system11.0xnode-ai.com and 0xNODE AI subgraphs.
The protocol distributes yield into four proportions, based on distribution weights set in the YieldManager contract:
Strategy Rewards: % of yield distributed to the holders of a given strategy, in the form of native assets. Users who deposit native assets into strategies receive the largest proportion of the yield.
0xNODE Protocol Fee Accrual (PFA): % of yield distributed to $0xNODE stakers on the current chain, in the form of native assets.
0xNODE buyback: % of yield used to the market buy of $0xNODE
Treasury Account: % of yield used to cover gas for system transactions, future development and maintenance of the platform, and investment losses as indicated.
Distribution weights vary based on market conditions; users can view current weights on the 0xNODE AI website or by querying the getEthDistributionWeights ABI methods of the chain's Yield Manager contract.