How Rewards Work

Rewards in the Everest Vault are funded by ecosystem activity, project fees, and external revenue. USDC is deposited into the vault reserve and then distributed to stakers over time.

The planned reward model pays out 3% of the available USDC reserve daily in real time to vault participants.

A user's share of rewards is based on their share of the staked Altitude in the vault. This is similar to how many staking pools distribute rewards: the more of the pool a user represents, the larger their share of the distributed rewards.

Example

If a user owns 10% of all Altitude staked in the vault, that user would receive 10% of the USDC rewards emitted by the vault during that period.

Claiming

Rewards can be claimed at any time.

There are no claim deadlines. This means smaller holders can allow rewards to build up before claiming, rather than being forced to claim frequently.

Withdrawals

There is no token vesting. Users can withdraw their staked Altitude at any time, subject to the vault's withdrawal fee.

The Everest Vault is in development. Final contract rules, fees, and reward mechanics should always be checked before interacting with the vault.