Can someone ELI5 platform reward fees?

silenthill27

Was hoping for some clarification on the rewards. I hold however much octo on metamask, and if I understand right am eligible for these rewards assuming my balance doesnt decrease?

My questions are exactly what stablecoins are the rewards paid out in? I'd like to add these to my Meta so I can see when the rewards get paid out (end of the month?)

Is there a calculator or any headmath to see what % of fees I'd be eligible for if I had say 100 octo vs 1000 octo etc

CFow

silenthill27 Correct. Balance can't decrease and needs to be held the first and last days of the month (@ 08:08:08UTC) and fee revenue payout is in DAI on the 8th of the following month. There is a transparency dashboard (listed here: todo.octo.fi under Q1 Marching 2021) in the works to help calculate platform usage and potential fee revenue 🙂

[URL=[IMG]https://i.imgur.com/UE3H9W4h.jpg[/IMG][/URL]

OctoFi

silenthill27 Also worth bookmarking your address on Etherscan.io

Kaido

February was the first month for payouts and they were in $DAI. Here is a rough idea of what fee payouts could be based off volume. [URL=[IMG]https://i.imgur.com/dyqa4sRh.png[/IMG][/URL]