Reward method
Accreting sELUSD exchange rate (reflects cumulative realized P&L)
Payout mode
Reflected in real time in sELUSD’s value as profits are realized
How to claim
When unstaking sELUSD → ELUSD, redemption uses the prevailing exchange rate
Funding source
Realized profits from Kimchi Premium arbitrage
Rewards are paid solely from realized arbitrage profits—not via new token issuance or inflation.
Last updated 2 months ago
