Profit Distribution Mechanism

Detailed process for YUSD holders:

1. User Holds YUSD:

   • Rewards are calculated based on the amount of YUSD held.

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

2. Yields Generation:

   • Aegis generates profits through funding rate arbitrage.

   • These profits are directed to the mint contract.

3. Rewards Distribution:

   • Generated profits are deposited into the system, resulting in the minting of 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 only pay the network gas fee (ETH or BNB) when claiming; Aegis.im platform charges no additional commission.

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

Detailed process for sYUSD holders:

1. User Holds sYUSD:

   • Rewards are calculated based on the amount of sYUSD held.

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

2. Yields Generation:

   • Aegis generates profits through funding rate arbitrage.

   • These profits are directed to the staking contract.

3. Rewards Distribution:

   • Generated profits are deposited into the staking contract every 7 days.

   • Instead of minting additional tokens, profits are deposited into the staking contract, increasing the backing of sYUSD.

4. User Claims Rewards:

   • No manual claim is required.

   • Yield accrues automatically and is reflected in the token price, so holders benefit simply by holding sYUSD.