$sUNIG
Escrowed Token
$sUNIG
$sUNIG is a non-transferable escrowed token, corresponding to staked $UNIG. It can be earned using one of the below ways.
Staking $UNIG tokens to mint equivalent $sUNIG tokens
Rewards in the form of liquidity incentives for adding liquidity to Unigen Finance
Revenue Share
$sUNIG holders are entitled to a portion of the earnings generated by the protocol. 40% of all the protocol earnings are directed to $sUNIG token holders and are distributed on a pro-rata basis. The actual distribution follows an epoch of 90 days which is the same as the vesting duration of $sUNIG tokens. Therefore, earnings are given out at the end of every 90-day epoch which is also when the $sUNIG allocation of a requested redemption fully vests.
Boosted Yields
$sUNIG holders automatically get a boost on the yield generated on their deposits in the form of $sUNIG tokens. Therefore, as a result of the boost, every depositor's $sUNIG balance increases automatically along with the yield generated from the invested vaults. The exact amount that can be boosted depends on what proportion of the value deposited in the liquidity is held as $sUNIG.
Governance
$sUNIG holders are also entitled to governance privileges once the move to decentralized governance begins.
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