Cadabra 2.0
Cadabra (EN)
Cadabra (EN)
  • Introducing Cadabra
  • Cadabra's mechanics
  • Security and Audit
  • Short Overview
  • Community
  • Roadmap
  • Cadabra v1
  • Articles
    • Cadabra 2.0 vs 1.0. Advantages and Differences
    • High yield at the launch of Cadabra 2.0
    • ABRA emission + External Yield. Complementarity
    • ABRA Locking: why it’s essential and how it increases your yield
    • ABRA locking migration vs Unlocking. What to choose?
    • Strategies boost algorithm
  • Team
  • Strategies
    • Strategies
    • Yield sources
    • Epochs
    • Voting
    • Liquidity Rebalancing
    • Strategies' APR
    • Underlying Protocol Rewards (UPR)
  • Tokenomics
    • ABRA
    • Emission
    • Locking and veABRA
    • Contracts
    • v1 -> v2
  • Earn with Cadabra
    • Yield from Strategies (ABRA)
    • Holder bonus
    • Yield for Voting (UPR)
    • Yield for Locking (Rebase)
    • Referral Program
  • Referral Program
    • Referral Rank
    • Rewards and Bonuses
      • Emission for Referral Rewards
    • Team bonus and Binary Tree
    • v1 -> v2
  • Airdrop
    • Launch Airdrop (season 2)
    • Airdrop (season 3)
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  • Collection of Underlying Protocol Rewards (UPR)
  • Distribution of Underlying Protocol Rewards (UPR)
  1. Strategies

Underlying Protocol Rewards (UPR)

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Last updated 5 months ago

Collection of Underlying Protocol Rewards (UPR)

After liquidity rebalancing, rewards from underlying protocols begin accumulating on special contracts. The amount of collected rewards depends on the liquidity rebalancing at the start of the epoch, TVL in strategies, and the APR of the underlying protocols throughout the epoch.

Distribution of Underlying Protocol Rewards (UPR)

First, there is a vote for yield sources (Epoch N).

In the following epoch, N+1, UPR accumulation takes place.

UPR is distributed in epoch N+2 after the accumulation.

UPR is distributed all at once at the beginning of epoch N+2, which is the epoch following the accumulation.

UPR is distributed among voters proportionally to their share of votes.

Voting at the strategy level also counts as voting for yield sources; in this case, votes from the strategy are distributed among yield sources according to their share of the strategy's liquidity during the voting epoch. Details and examples can be found .

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