Financial flows

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General concepts​

Earnings are derived from protocol fees collected on the USG system. Then, these earnings are used for 4 distinct purposes:

• Distribute rewards to sTAN holders;
• Distribute rewards to vsTAN holders;
• Grow the Operations Treasury;
• Repay the debt to creditors.

All earnings are collected on the same contract and distributed between each of the destinations mentioned above.

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Illustration​

The figure below shows how protocol earnings are shared.

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Current distribution​

Below is the current distribution of the protocol earnings between sTAN, vsTAN, the Operations Treasury, and creditors.