Fees & rewards

  • Trading fees → 60% to miners (LPs).

  • 10% of trading fees → protocol treasury (+ optional share of funding payments).

  • ALPHA emissions: paid via vaults based on a deposit score (time × amount).

Lock Expiration & Withdrawals

Expired Positions

When a lock position expires:

  • Rewards stop automatically: Validators detect expired positions daily and stop distributing rewards

  • Funds remain in vault: Your funds stay in the vault earning trading fees

  • Manual withdrawal required: You must withdraw via the UI when ready

Withdrawal Requirements

To withdraw an expired position, both conditions must be met:

  1. Lock period expired: Your chosen lock duration (e.g., 3, 7, 30 days) has passed

  2. Cooldown period passed: A mandatory 7-day cooldown from the initial lock start

Example Timeline:

  • Lock 3 days starting Dec 11

  • Lock expires: Dec 14 (rewards stop)

  • Cooldown ends: Dec 18 (7 days from Dec 11)

  • Can withdraw: Dec 18 or later

Note: The 7-day cooldown starts from lock creation, not from lock expiry. This prevents short-term lock gaming.

Deregistered Miners

If you deregister from the subnet:

  • Automatic eviction: Your position is automatically evicted within ~72 minutes

  • Funds returned: Your funds are automatically returned to your wallet

  • No manual action needed: The verifier handles this automatically

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