🎁 YSL.IO Block Rewards
These rewards are minted daily and distributed upon the completion of each new block.

Liquidity Mining Reward

Distribution of Liquidity Mining Rewards
    Each day the protocol will mint 550 sYSL tokens for distribution as Liquidity Mining Rewards.
    These rewards are allocated to the sYSL-BUSD vault (200 sYSL tokens), YSL-BUSD vault (50 tokens), sYSL vault (100 tokens), xYSL-BUSD vault (150 tokens) and xYSL vault (50 tokens).
    The 200 sYSL tokens distributed to the sYSL-BUSD vault will be split 50:50, with ApeSwap Finance LPs receiving an allocation of 50 sYSL and PancakeSwap LPs receiving an allocation of 50 sYSL.
    Each participant of the sYSL-BUSD, YSL-BUSD, sYSL, xYSL-BUSD and xYSL vault will receive a share of the minted sYSL tokens based upon their TVL held within the vaults at the time of each new block.
    In addition to the Liquidity Mining Rewards, each day the protocol will also mint 200 sYSL tokens for distribution to the YSL.IO team to cover ongoing operational expenses. These expenses include remuneration paid to blockchain developers and UI/UX designers, costs associated with auditing the smart contracts, marketing expenditure, and social media management costs.

Please note: 180-Day Vesting Period For Minted sYSL Tokens

Every new sYSL token that is minted after the discovery will be subject to a vesting period of over 180 days. This means all harvested block rewards will be unlocked on each block over a period of 180 days. This 180-day vesting period will be applicable to all block rewards distributed by the protocol, including Liquidity farming, Daily lotto, Referral, Optimisation and Amplification Rewards.

Learn more about the YSL.IO Referral Program and YSL.IO Tokenomics​

Last modified 21h ago
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