Rewards and Yield Boosters

a. Dividends Plugin

• Description: The Dividends Plugin allocates a portion of Scribe's platform revenues to xScribe holders. This includes trading fees, protocol fees, and other revenue streams generated by the Scribe ecosystem.

• Benefits: xScribe holders receive regular dividend payouts, providing a passive income stream and incentivizing long-term holding of xScribe tokens.

• Distribution: Dividends are distributed proportionally based on the amount of xScribe held by each user. The distribution frequency and specific payout mechanisms are determined by the Scribe governance process.

b. Yield Booster Plugin

• Description: The Yield Booster Plugin is designed to enhance the rewards earned from yield farming activities. It increases the yield rates for xScribe holders who participate in designated liquidity pools and farming programs.

• Benefits: By boosting the yield rates, this plugin incentivizes more users to stake their assets and provide liquidity, thereby enhancing the overall liquidity and stability of the Scribe platform.

• Activation: To activate the Yield Booster Plugin, users need to link it to their xScribe contract and meet certain criteria, such as staking a minimum amount of tokens or participating in specific pools.