$DUB in Liquidity Pools

The distribution of rebases for $DUB paired in a Satin is distinct from the distribution for $DUB held individually in wallets. The breakdown of rebase distribution is as follows:

• 65% to liquidity providers as claimable rewards

• 25% as autobribes collected by veDUBBL holders who vote for that pair

• 5% to $DUB Investment Treasury

• 5% to Sustainment Treasury

The amount of $DUB rebases earned by liquidity providers for holding $DUB in a Satin pool is lower compared to holding $DUB in a wallet individually. However, in the past, it has been observed that voters tend to respond more favorably to bribes than emissions, meaning that autobribes can benefit liquidity providers more than the rebase itself, while simultaneously rewarding voters.

The $DUB Investment Treasury is the storage for all collateral that is used to generate yields for $DUB holders. These yields are paid out to holders daily in the form of a rebase. As more capital is invested in the same amount of $DUB tokens, the yield for those tokens increases. If someone redeems $DUB for the underlying collateral, the excess collateral will still be used to generate yields for the remaining $DUB holders, leading to perpetual increase in $DUB yields. This means that all $DUB holders and LPs can contribute a little to ultimately reap greater long-term benefits.

Later details will describe how the Sustainment Treasury aims to boost the value and earning potential of both $DUB and $DUBBL.