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DUCA Reflexivity Protocol
  • DUCA Q&A
    • Introduction
    • DUCA: Programmatic Money
    • DUCA: Value
    • DUCA: Reflexivity Protocol
      • Reflexivity Protocol Structure
      • Reflexivity Protocol Incentive Structure
    • DUCA: Incentives
  • Whitepaper
    • DUCA: Design
  • TOKEN ECONOMY
    • Introduction
    • DUCA
      • Algorithmic Float
      • DUCA Yield
    • DCM
      • Par Value
      • Clean Float
      • Stability Fee
      • Treasury Fee
    • LPD
  • Protocol Structure
    • DUCA Market Maker
      • Liquidity pools
    • Automated Market Operator
      • Balancer Contracts
      • Stabiliser Contract
    • Stability Pool
      • Mint & Burn Mechanism
      • Liquidity Swaps
      • Liquidity
    • Reserve
    • Treasury
  • DUCA-Backed Assets
    • DUS | USD Price Oracle
      • Funding Ratio Requirement
      • DUS Yield
      • USD Price Oracle
  • Terms & Conditions
    • Disclosure Policy
    • License
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  1. TOKEN ECONOMY
  2. DUCA

DUCA Yield

What is DUCA Yield and how does it work?

The DUCA Yield is a sustainable incentive that is distributed to all DUCA owners. The DUCA Yield is based upon the availability of DCM in the Treasury Fund.

Every day, the actual Treasury Fund size is valued for a 200-day period. Based on this amount we calculated how much DCM is available per day. This amount we use to determine how much yield the Protocol could pay out for the current DUCA Market Cap valuing DCM against the Par Value. The outcome determines the DUCA Yield to be distributed with a maximum of 100%.

The second step is to create the DUCA to be distributed as yield by using DCM from the Treasury Fund, only now it is not valued against Par Value but against the DCM Market Value.

DUCA YIELD

DUCA Yield in DCM (per day)=Treasury Fund size75±235 \mathrm{DUCA\ Yield\ in\ DCM\ (per\ day)} = \frac{\mathrm{Treasury\ Fund\ size}}{75±235} DUCA Yield in DCM (per day)=75±235Treasury Fund size​

DUCA Yield %=DUCA Yield in DCM×DCM Par Value×365DUCA Market Cap\mathrm{DUCA\ Yield\ \%} = \frac{\mathrm{DUCA\ Yield\ in\ DCM} \times \mathrm{DCM\ Par\ Value} \times 365}{\mathrm{DUCA\ Market\ Cap}} DUCA Yield %=DUCA Market CapDUCA Yield in DCM×DCM Par Value×365​

DUCA DISTRIBUTION

DUCA Yield (DUCA)=DUCA Market Cap×DUCA Yield %365\mathrm{DUCA\ Yield\ (DUCA)} = \frac{\mathrm{DUCA\ Market\ Cap} \times \mathrm{DUCA\ Yield\ \%}}{365} DUCA Yield (DUCA)=365DUCA Market Cap×DUCA Yield %​

DCM (Treasury)=DUCA Yield (DUCA)DCM Market Value\mathrm{DCM\ (Treasury)} = \frac{\mathrm{DUCA\ Yield\ (DUCA)}}{\mathrm{DCM\ Market\ Value}} DCM (Treasury)=DCM Market ValueDUCA Yield (DUCA)​

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Last updated 9 months ago