Yield Harvest and Distribution

Users earn yield by providing liquidity to a strategy or by staking the 0x_nodes platform token, $0xNODE, in the kernel. New yield is distributed to the user each time yield is harvested from the 0x_nodes strategies. The 0x_nodes “yield harvester” is the smart contract that distributes yield to users as claimable native assets. Users manage their rewarded yield through the 0x_nodes system11 dApp (e.g., view yield, claim/withdrawal yield, or enter yield into a strategy).

The yield harvester distributes yield into four proportions, based on distribution weights set in the YieldManager contract:

Distribution weights vary based on market conditions and are viewable on the system11 dApp.

Strategy Rewards: % of yield distributed to the holders of a given strategy, in the form of native assets. Users who deposit native assets into strategies receive the largest proportion of the yield. 0xNODE buyback: % of yield used to support the price of $0xNODE

Treasury Account: % of yield used to cover gas for system transactions, future development and maintenance of the platform and investment losses so users can withdraw their full principal.