In the 15 months since Aelin launched, the protocol has collected a sizable chunk of deal tokens via the 2% protocol fee on Pools & Deals.

These fees were originally to be sold after a 6 month escrow period with the proceeds being used to purchase Aelin and then distribute to stakers. AELIP-43 changed this mechanism to align more closely with Aelin’s original vision; to give the community exposure to these new protocols.

There’s a lot of good news for the community in this post so strap in.

Originally the Aelin DAO was going to receive 30% of protocol fees, but to celebrate this initial round we are giving up our cut and passing on 100% of them to historical AELIN stakers & LPs.

The Synthetix Treasury Council was staked in Pool1 during the first round, and has also kindly agreed to give up their allocation (their size was size).

These deal fee tokens are claimable in-kind, with the release of a new merkle tree contract for historical stakers & LPs between January 10th, 2022 to March 6th, 2023 - ⅔  to Stakers and ⅓ to LPs.

Going forward, protocol fees will be split 50/50 between pool 1 stakers and the Aelin Treasury in an upcoming release of a multi-reward staking contract specifically built for a new fee source - VestAMM, which you’ll hear more about soon.

Claims will be open for a period of 1 year. After this period unclaimed tokens will be claimed by the Aelin DAO and likely redistributed through the new staking mechanism.

In the 15 months since Aelin launched, the protocol has collected a sizable chunk of deal tokens via the 2% protocol fee on Pools & Deals.

These fees were originally to be sold after a 6 month escrow period with the proceeds being used to purchase Aelin and then distribute to stakers. AELIP-43 changed this mechanism to align more closely with Aelin’s original vision; to give the community exposure to these new protocols.

There’s a lot of good news for the community in this post so strap in.

Originally the Aelin DAO was going to receive 30% of protocol fees, but to celebrate this initial round we are giving up our cut and passing on 100% of them to historical AELIN stakers & LPs.

The Synthetix Treasury Council was staked in Pool1 during the first round, and has also kindly agreed to give up their allocation (their size was size).

These deal fee tokens are claimable in-kind, with the release of a new merkle tree contract for historical stakers & LPs between January 10th, 2022 to March 6th, 2023 - ⅔  to Stakers and ⅓ to LPs.

Going forward, protocol fees will be split 50/50 between pool 1 stakers and the Aelin Treasury in an upcoming release of a multi-reward staking contract specifically built for a new fee source - VestAMM, which you’ll hear more about soon.

Claims will be open for a period of 1 year. After this period unclaimed tokens will be claimed by the Aelin DAO and likely redistributed through the new staking mechanism.