Paid in Monero.
$RING trades against wXMR, so its fees are already XMR. Half of everything it earns, plus every RingSwap swap fee, is paid to holders every 12 hours. The other half buys $RING and burns it.
Paid to holders0 XMR
Pot for this epoch0 XMR
$RING burned0
Next payoutFrom launch
Your $RING.
Hold at least 100,000 $RING for a whole epoch. What you are owed arrives automatically, no claim step.
Connect the wallet that holds your $RING.
Payout record
Every payout with its transaction. Monero payouts also show the Monero transaction.
| When | Wallet | Paid as | Amount | Proof |
|---|
No payouts yet. The first epoch closes at 00:00 or 12:00 UTC after launch.
Epochs
| Closed | Pot | Shared | Holders | Rolled over |
|---|
No epochs closed yet.
Burns
Each one buys $RING with wXMR and burns it in the same transaction.
| When | Spent | $RING burned | Proof |
|---|
No burns yet.
The rules
- Income
- 2% fee on every $RING trade (Meteora keeps 20% of it) and the 0.3% RingSwap fee on every exit. Both arrive as wXMR.
- Split
- 50% to holders, 50% buys $RING and burns it.
- Epochs
- Every 12 hours, closing at 00:00 and 12:00 UTC. The engine snapshots balances every hour.
- Weight
- The lowest balance a wallet held across the epoch's snapshots. Buying right before a payout earns nothing; selling mid-epoch drops you for that epoch.
- Minimum
- 100,000 $RING held the whole epoch. Pools, vaults and the engine are excluded.
- Payment
- wXMR straight to your wallet once you are owed 0.001 XMR, or real XMR to your Monero address once you are owed 0.1 XMR. Smaller amounts build up; nothing expires.
- Trust
- The engine wallet holds fees between claim and payout, and holds the key that sends them. Every claim, payout and burn is a public Solana transaction.