π¦Earn Protocol Revenue
This page provides an overview of how users can earn protocol revenue by participating in the DCNTRL Protocol. It covers the sources of revenue & how this revenue is shared with our users.
Last updated
This page provides an overview of how users can earn protocol revenue by participating in the DCNTRL Protocol. It covers the sources of revenue & how this revenue is shared with our users.
Last updated
The DCNTRL Protocol is not just a decentralized stablecoin platform; it's a revenue-generating ecosystem that believes in sharing its success with its users. The protocol generates revenue through various operations, including loan origination fees and redemption fees. This revenue is then shared with DCNX token stakers, aligning the interests of the protocol with its users and fostering a mutually beneficial ecosystem.
The DCNTRL Protocol generates revenue through the following mechanisms:
Loan Origination Fees: When a user borrows USDEFI against their BNB collateral, a loan origination fee is applied. This fee is a percentage of the amount drawn in USDEFI.
Redemption Fees: When a user redeems USDEFI for BNB, a redemption fee is charged. This fee is a percentage of the amount paid to users by the system in BNB.
These fees are the primary source of revenue for the DCNTRL Protocol.
A significant portion of the revenue generated by the DCNTRL Protocol is shared with DCNX token stakers. This is done through a revenue pool, which accumulates the fees generated by the protocol. DCNX token stakers receive a share of this pool, providing them with a passive income stream just for participating in the ecosystem.
The DCNTRL Protocol is more than a BNB-backed stablecoin platform; it's a revenue-sharing ecosystem that rewards its users for their participation. By staking DCNX tokens, users can earn a share of the protocol's revenue, providing them with a passive income opportunity. This aligns the interests of the protocol with its users, fostering a sustainable and mutually beneficial ecosystem.