First revenue auctions for @HighYieldUSD. This marks the start of yield distribution to hyUSD holders.

25 Aug 2023, 17:47

✅ First revenue auctions for @HighYieldUSD This marks the start of yield distribution to hyUSD holders Notably, this is the FIRST time that any RToken revenue (and not RSR) has been processed - read on to learn about RToken melting 🔥👇

Same news in other sources

Reserve RightsRSR #183

25 Aug 2023, 17:47

See the hyUSD revenue auction transaction here: Join the Discord to dive deeper and learn more RToken insights

See the hyUSD revenue auction transaction here:. Join the Discord to dive deeper and learn more RToken insights.

See the hyUSD revenue auction transaction here: https://t.co/03AS5yONdS Join the Discord to dive deeper and learn more RToken insights

Reserve RightsRSR #183

25 Aug 2023, 17:47

Digging even further into the weeds, the rate of payouts exponentially decay, meaning that rewards are streamed faster at the beginning (similar to stRSR) With hyUSD's parameters, the proceeds from any one auction will be distributed over the course of 2 months

Digging even further into the weeds, the rate of payouts exponentially decay, meaning that rewards are streamed faster at the be

Reserve RightsRSR #183

25 Aug 2023, 17:47

Let's compare this to how RSR revenue is streamed over time, which results in staked RSR appreciating to RSR The payout formula is actually shared between RTokens and RSR! The difference is that RTokens are burned, making existing ones more valuable vs entitlement to more RSR

Let's compare this to how RSR revenue is streamed over time, which results in staked RSR appreciating to RSR.