DOV Rewards

The Polysynth Option Vaults (POV) liquidity mining rewards program is designed with a clear objective of:
1.Incentivizing investors to stake assets in POV
2.Accelerate the adoption of POV as a popular tool for earning sustainable yields
POL will be distributed on a weekly basis. The amount of POL distributed to investors is based on a formula that rewards a combination of fees paid and staking duration.
Working Mechanism
The Cobb-Douglas function is used to compute how much POL is to be awarded to each investor during each weekly cycle.
Rewards, r and individual investor score, w is equal to
Here,
FAQs
Who is eligible for the POV liquidity mining rewards?
All investors in POV are eligible for receiving POL as liquidity mining rewards.
When will I receive my POV liquidity mining rewards?
POV liquidity mining rewards are computed and paid out weekly every Friday at 13:30 PM UTC. Post that, there is a 90-day lock-up period followed by a 90-day release period having a daily vesting schedule. Post-lock-up period, your vested rewards can be withdrawn into your wallet.
Why is my reward less than from as compared to the formula?
Total POV liquidity mining rewards are capped at 700,000 POL per 7-day weekly cycle. As such, if the total rewards across all investors for the weekly cycle are more than 700,000, everyone’s reward is scaled pro-rata such that the total rewards remain capped at 700,000 POL per cycle.
POL Tokens are getting accumulated right now. You will be able to claim them after the TGE. Wen TGE?​

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Contents

Working Mechanism

FAQs