rATP Rebate Token
Last updated
Last updated
rATP rebate token holders are automatically rewarded with 20% of net platform fees simply for holding and staking the token
MATIC rewards are automatically compounded and deposited into ALP to enable rATP stakers to earn additional rewards by becoming ALP liquidity providers
If users do not wish to receive ALP fees, they may click "opt out" to instead claim rATP-derived MATIC yield to their wallets
rATP is rebated to ALP liquidity providers who sustain a net loss in a given Quarter (90 day period)
Rebate token yields up to 11% their cumulative losses per Quarter (up to $10,000 per user per wallet per Quarter) for ALP Liquidity Providers who sustain a negative PnL
rATP yield is rewarded to ALP providers and ALP stakers (as well as holders who stake ATG)
To receive rATP rebates, an ALP liquidity provider must have deposited their underlying assets as collateral for at least 1 Quarter
"Quarter" refers to a period of 90 calendar days, which varies based on when an individual ALP holder began providing Liquidity to Automatic. It is not calculated on a typical "Fiscal Year" or "Fiscal Quarter" basis. If Automatic is launched on April 20th and an ALP holder begins providing LP on April 25th, his potential rebate will be rewarded 90 days later and vested
Rebated rATP rewarded to ALP LP's who've sustained a net loss is automatically vested over 1 year
rATP may be used as collateral on future linked platforms, and may be used as collateral on AmpliFi for Amplifiers in the future
Burned and/or destroyed rATP is excluded from fee capture, safeguarding users against unecessary dilution
Treasury-Derived ALP Fees: 3% of Automatic's ALP MATIC yield is automatically distributed to staked rATP holders every week
rATP must be staked to receive rewards.