Stake ABX, earn ALPH
Protocol fees — minting, borrowing, liquidation, redemption — split dynamically between auction-pool depositors and ABX stakers. Rewards are paid in ALPH; unstaking triggers a 14-day cooldown.
ABX circulating
—ABX
ALPH / USD
—
ABD in pools
—ABD
supply unknown
Fee share → stakers
—k = Σpools / supply(ABD)
How the fee split works
Every time a borrower pays a minting / borrowing / liquidation fee, the resulting ALPH is split in two:
- (1 − k) goes to auction-pool depositors, pro-rata within each pool.
- k goes to ABX stakers, pro-rata to staked ABX.
When more ABD is sitting idle in the pools, stakers earn a larger share — the system pays stakers for carrying the fee burden instead of the pools.
Your stake
Staked
— ABX
Pending rewards
— ALPH
Pending unstake
—