Adjusting Protocol Income Allocation

Based on the latest discussion in the community regarding protocol income allocation, the MUX team will make the following adjustments:

  • The percentage of protocol income goes to POL will be lowered from 50% to 30%.
  • Total Protocol Income × 70% × POR: Allocate for veMUX holders (in ETH)
  • Total Protocol Income × 70% × (1 - POR): Allocate for MUXLP stakers (in ETH)

This update will become effective on Nov. 3rd, UTC, 2022; veMUX token holders and MUXLP token stakers will earn more protocol income after the update goes live. The MUX team will continue to evaluate the protocol income allocation and try to provide better experiences for token holders and liquidity providers. We will make further improvements in the future based on analyses. Please let us know if you have any questions.