EpsiLoan Protocol
  • 🌐EpsiLoan Protocol
    • Overview
    • Diversifying Collateral Options
    • The motivation behind EpsiLoan
    • Key benefits of EpsiLoan
    • Main use cases
  • ⚙️The power of Eigen Layer
    • Empowering Ethereum Security
    • Getting Started with EigenLayer Participation
    • Welcome to the World of LRTs
  • 🔑Protocol Concepts
    • Exploring the Spectrum of Stablecoins
    • Introducing EpsiLoan's yUSD
    • Collateral types
    • Vaults
      • Flexible Loan Duration with No Set Payback Period
      • Vault Collateral Ratio: Ensuring Stability and Flexibility
    • Fees
    • Minimum Collateral Ratio (MCR) and Recommended Collateral Ratio
    • Stability Pool and Liquidations
      • Deposit yUSD to the Stability Pool: Benefits and Incentives
      • Liquidations in the EpsiLoan Ecosystem: Ensuring System Stability
      • Vault Liquidators
      • Benefits for Stability Providers
      • What happens if liquidations occur while the stability pool is unfunded?
      • What is Overall Liquidation?
    • yUSD Price Stability and Rigid Redemptions
      • Rigid Redemptions in yUSD: Ensuring Stability with Fees
      • Is a redemption the same as paying back the debt?
      • Redemption Provider
      • Can I avoid being redeemed against?
    • Keepers and Liquidators
      • How Do I Benefit as a Liquidator?
      • How to Become a Liquidator?
  • epsilon dao tokenomics
    • Overview
    • ELN and xELN
    • Token Utilities
    • Fees and Rewards
    • Total Supply and Allocation
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  1. epsilon dao tokenomics

Fees and Rewards

Maintaining a healthy and thriving ecosystem relies heavily on providing adequate incentives to all participants involved. By incentivizing minters, developers, partners, and other stakeholders, the ecosystem can ensure continuous contributions and foster growth and robustness.

Batch solution rewards are one form of incentive that can be offered to developers or contributors who provide solutions or enhancements to the protocol in batches. These rewards encourage the development of new features, improvements, or optimizations that benefit the ecosystem as a whole.

Trader incentives are another essential aspect of incentivizing participation. By providing incentives to traders who provide liquidity, actively trade, or contribute to market-making activities, the ecosystem can ensure liquidity depth and efficiency in trading pairs, which is vital for a healthy market environment.

Ecosystem grants serve as a means to support projects, initiatives, or developments that align with the ecosystem's goals and objectives. These grants can be awarded to developers, partners, or community members who propose projects or initiatives that contribute positively to the ecosystem's growth and sustainability.

Overall, by implementing a variety of rewards and incentives tailored to different participant groups, the ecosystem can foster active participation, innovation, and collaboration, ultimately driving its continued growth and success.

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Last updated 1 year ago