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Protocol Revenue Split is LIVE

calendar_today May 3, 2022 person Ribbon Finance domain ribbon-finance

Today, as per RGP-13 , the fee switch that distributes 50% of protocol revenue to RBN lockers is now turned on! This further aligns RBN lockers with protocol success and kickstarts a positive feedback loop at the heart of Ribbonomics . As protocol revenue grows, users become more incentivized to lock RBN, which creates a supply sink for RBN that could boost the value of RBN, which makes vault staking APY more attractive, which in turn attracts more TVL and grows protocol revenue.

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