Profit Distribution

Fees generated from the usage of Axiom Finance products are distributed to ProvenAXIOM stakers according to their share of the ProvenAXIOM staked.

The allocated daily distribution of USDB rewards for ProvenAXIOM stakers changes every week on Friday. It is based on last week's performance (amount of accumulated fees) and may be set higher or lower comparing to current daily distribution.

"Rewards per day" is an estimate, and the actual rewards received may differ when block times are longer than normal.

1. Admin Fees

Stake ProvenAXIOM to earn admin fees from AxiomSwap (in USDB). The current Admin fee is 100%. This means that all fees generated from the usage of Axiom Finance products are distributed to ProvenAXIOM stakers.

Example: The AxiomSwap trading fee is currently 0.02%. The whole fee from each AxiomSwap trade (100% = 0.02%) will be distributed for ProvenAXIOM stakers.

The Mint/Redeem fees of the Axiom Stablecoin are currently accruing, and will go to ProvenAXIOM stakers.

Fees from AxiomLend are also currently accruing in the Lend Reserve, but are not yet available to be distributed.

2. Stake ProvenAXIOM to earn partner’s profit-sharing

3. Upcoming Axiom Finance products

• Usages in future products from Axiom’s ecosystem will aim to deliver admin fees to ProvenAXIOM holders.

Conclusion and Additional Clarification

Investors staking AXIOM for a longer duration receive more ProvenAXIOM (see example in Introduction) and therefore upon staking it will be able to receive a bigger profit share. However, this doesn't affect the user's ability to retrieve ALL their staked AXIOM at the end of their staking period (or upon unstaking early after accepting the 30% penalty).

Example: Investor A and Investor B both decide to lock 300 Axiom each

• Investor A: locks his AXIOM for 3 years, receiving 300 ProvenAXIOM, then stakes them all to earn USDB profit

• Investor B: locks his AXIOM for 1 year, receiving 100 ProvenAXIOM, then stakes them all to earn USDB profit

Because A is staking his ProvenAXIOM 3 times longer, he will receive 3 times the profit share as investor B, despite both locking the same amount of Axiom. Finally...

• After 1 year, Investor B can withdraw his 300 AXIOM back and the returned 100 ProvenAXIOM is burned

• After 3 years, Investor A can withdraw his 300 AXIOM back and the returned 300 ProvenAXIOM is burned