Profit Distribution Mechanism

Unique Yield Generation Mechanism Without Staking

Aegis introduces an innovative profit distribution mechanism that allows users to earn yields without staking, lockups, or waiting periods. Here’s a detailed description of the process:

Instant Liquidity

• Unrestricted Trading: Users can trade YUSD freely at any time, 24/7, without staking or lockups, enabling continuous yield earning.

No Staking Requirement

• Effortless Yield Accrual: Users can effortlessly accrue yields by holding YUSD and registering their wallets in the Aegis system.

Perpetual Rewards

• Timeless Rewards: The rewards for holding YUSD are perpetual and always available for claiming as long as earned.

Detailed Process

1. User Holds YUSD:

   • Rewards are calculated based on the amount of YUSD the user holds.

   • System snapshots are created every 8 hours to track holdings.

2. Yields Generation:

   • Aegis generates profits through funding rate arbitrage.

   • These profits are directed to the Mint smart contract.

3. Rewards Distribution:

   • Generated profits are deposited into the system, resulting in the creation of a new YUSD.

   • The Mint contract transfers YUSD to the Claim contract for distribution.

4. User Claims Rewards:

   • Users can claim their accumulated YUSD rewards every seven days.

   • Users pay a commission to claim their rewards.

This mechanism ensures that users benefit from instant liquidity, effortless yield accrual, and perpetual rewards, thereby enhancing the overall value and stability of YUSD.