Weekly Target Yield

Every Wednesday (the start of a new weekly epoch), the protocol announces a weekly target yield and the corresponding dollar yield to be distributed for that week, calculated based on TVL at the start of the epoch. This mechanism is designed to enhance user experience by providing a more stable and predictable yield profile over time. You can view the latest and historical target yields on our Transparency dashboard.

The realized APY for users may differ from the target depending on TVL movements during the epoch:

• If TVL decreases during the week, the realized APY will be higher than the weekly target yield, as the same dollar yield is distributed over a smaller TVL.

• If TVL increases during the week, the realized APY will be lower than the weekly target yield, as the same dollar yield is distributed over a larger TVL.