When staking your
#stablecoins
on
@magpiexyz_io
,
@WombexFinance
, or
@QuollFinance
, a portion of your earnings will be debited as fees and distributed to $WOM and governance token stakers. 💰
What's the difference between them? Let's find out in this thread! 🧵
#WOMWars
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2/ Wombex charges a 15.1% fee from the rewards. See breakdown below:
🔹 10% are distributed to $wmxWOM stakers, paid in $WOM
🔹 5% are distributed to $WMX lockers in $wmxWOM
🔹 0.1% are distributed to harvest callers
Details:
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3/ Magpie, on the other hand, charges a 20% fee from the rewards. And the breakdown...
🔸 12% is distributed to $mWOM stakers
🔸 8% is distributed to $MGP lockers, paid in $mWOM
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4/ Like Magpie, Quoll also charges a 20% fee:
🔹 10% is distributed to $qWOM stakers, paid in $WOM
🔹 5% is distributed to $QUO stakers, paid in $qWOM
🔹 5% distributed to the treasury
Details:
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5/ These charges are subject to change & can be adjusted through governance voting. 🗳
Understanding the difference between protocols helps you determine where the best yields are, as an LP or $WOM holder.
We hope this tweet has been informative to all of you. Happy earning! 🤑
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