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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