Distribution of rePool yield
Takadao distributes the yield on the locked TAKA tokens in the rePool on a daily basis. rePool token holders receive their yield on a pro rata basis taking into account the overall period over which they have locked their tokens in, with a 5-year period, receiving 100% of the applicable yield.
Yield is paid in USDC, and Takadao has the choice to, when TAKA prices exceed a set threshold of $0.05, pay part of the yield in additional TAKA it can mint for this purpose:
TAKA market price ($)
Share of yield paid in TAKA
> 0.05
10%
> 0.10
20%
> 0.15
30%
> 0.20
40%
> 0.25
50%
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