Revenue Sharing

Introduction

The protocol's revenue is derived from a percentage of the protocol interest paid by borrowers, which is determined by the Reserve Factor, as well as a portion of the flash loan fee income.

75% of the revenue will go to HopeLend Protocol Treasury Reserve, and 25% will be distributed to veLT holders to incentivize their participation in the governance process.

Distribution

The distribution is calculated based on the amount of veLT users hold and their voting participation using veLT during each voting epoch.

For each distribution:

1. 50% of which are distributed to all veLT holders proportionately.

2. 50% of these are distributed to the veLT holders who vote for liquidity gauges based on the voting results for each voting epoch between two distributions.