Rewards

TMX Rewards provide benefits for long term users of the protocol.

Multiplier Points​

Multiplier Points reward long term holders without inflation.

When you stake TMX, you receive Multiplier Points every second at a fixed rate of 100% APR. 1000 TMX staked for one year would earn 1000 Multiplier Points.

Multiplier points can be staked for fee rewards, each staked multiplier point will earn ETH at the same rate as a regular TMX token.

When TMX tokens are unstaked, the proportional amount of Multiplier Points are burnt. For example, if 1000 TMX is staked and 500 Multiplier Points have been earned so far, then unstaking 300 TMX would burn 150 (300 / 1000 * 500) Multiplier Points. The burn will apply to the total amount of Multiplier Points which includes both staked and unstaked Multiplier Points.

To transfer staked tokens without burning Multiplier Points, use the "Transfer" button on the Earn page.

The "Boost Percentage" shown on the Earn page shows your individual boost amount from Multiplier Points. For example, if the ETH APR is 10% and you have $10,000 worth of TMX, then your rewards would be $1000 annualized, if you additionally have an amount of Multiplier Points equivalent to 20% of your total amount of TMX, your "Boost Percentage" would display as 20%, and you would get an extra $200 of ETH rewards annualized.

The “Boost Percentage” is calculated based on the ratio of Multiplier Points to your total amount of staked TMX:

Boost Percentage = 100 * (Staked Multiplier Points) / (Staked TMX).

Managing Rewards​

The options to manage rewards are on the Earn page.

An explanation of the options:

• Stake Multiplier Points: This will claim and stake your Multiplier Point rewards.

• Stake TMX Rewards: This will stake the TMX after it has been claimed.

• Claim WETH Rewards: This will claim any pending WETH rewards.

• Convert WETH to ETH : This will convert the claimed WETH rewards to ETH.

These options can be accessed through either the "Compound" or "Claim" button on the Earn page.