Treasury LP Revenue Distribution

The Treasury's Uniswap V3 liquidity positions generate trading fees accumulated without purpose (≈977,000 USDC so far). These fees represent protocol-owned revenue independent of exchange operations.

Once per calendar year (end of June), 69% of all accumulated LP fees (in USDC) will be distributed to eligible stakers — 674,000 USDC for 2026.

Eligibility Rules

To qualify for the annual June LP fee distribution, users must meet both requirements:

• Have an active COMMANDER or LEGEND tier stake at the moment of distribution (end of June).

• Achieved at least 10M PERPS global trading volume during the 12 months preceding the distribution, while holding an active COMMANDER or LEGEND tier stake.

If a user's tier drops below COMMANDER (unlocks or downgrades to EXPLORER/CADET) and they subsequently re-stake to COMMANDER or LEGEND, their volume counter resets and they must achieve the 10M volume requirement again from the time of their new stake.

Tier Allocation

The annual distribution of accumulated LP fees follows a fixed allocation that rewards longer-term commitment tiers.

Lock Duration Tier	Annual LP Fee Share
CADET	Not Eligible
EXPLORER	Not Eligible
COMMANDER	30% of Total
LEGEND	70% of Total

Within each eligible tier, distribution is proportional to the amount of $AEVO staked. Stakes made multiple times during the year are aggregated for distribution calculations.

Example

A user stakes 600,000 $AEVO (MARTIAN tier) for 12 months on December 15, 2025:

• IF they trade more than 10m PERPS on the exchange, they qualify for the June 2026 distribution as a LEGEND staker, receiving their proportional share of the 70% allocation.

• Their stake extends through December 15, 2026

• They will NOT qualify for the June 2027 distribution unless they initiate another COMMANDER or LEGEND tier stake.