> For the complete documentation index, see [llms.txt](https://elysia.gitbook.io/elusd/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elysia.gitbook.io/elusd/reward/distribution.md).

# Distribution

<table><thead><tr><th width="154.98614501953125">Item</th><th>Details</th></tr></thead><tbody><tr><td>Reward method</td><td>Accreting sELUSD exchange rate (reflects cumulative realized P&#x26;L)</td></tr><tr><td>Payout mode</td><td>Reflected in real time in sELUSD’s value as profits are realized</td></tr><tr><td>How to claim</td><td>When unstaking sELUSD → ELUSD, redemption uses the prevailing exchange rate</td></tr><tr><td>Funding source</td><td>Realized profits from Kimchi Premium arbitrage</td></tr></tbody></table>

Rewards are paid solely from realized arbitrage profits—not via new token issuance or inflation.
