# YMTA Token Rewards

Total Program Allocation: 5.5% of total YMTA token supply distributed over 36 months to maximize early participation incentives and ensure sustained program funding.

#### Monthly Reward Distribution Schedule

Our front-loaded distribution model incentivizes early program adoption while maintaining long-term sustainability:

| Period       | Monthly Allocation | Tokens per Month\* | Cumulative Distribution |
| ------------ | ------------------ | ------------------ | ----------------------- |
| Month 1      | 6.0%               | \~3,300,000        | 6.0%                    |
| Months 2-3   | 4.0% each          | \~2,200,000        | 14.0%                   |
| Months 4-12  | 2.5% each          | \~1,375,000        | 36.5%                   |
| Months 13-24 | 2.0% each          | \~1,100,000        | 60.5%                   |
| Months 25-36 | \~1.3% each        | \~715,000          | 100.0%                  |

\*Based on estimated total program allocation. Exact token amounts depend on final supply allocation.

#### Performance Scoring System

Monthly YMTA rewards are distributed proportionally based on your performance score across four weighted factors:

1. Maker Volume (40%) - Total volume provided through maker orders, rewarding liquidity contribution
2. Spread Tightness (25%) - Average bid-ask spread maintenance, incentivizing competitive pricing
3. Order Book Depth (20%) - Liquidity provided at various price levels, supporting market stability
4. Uptime (15%) - Percentage of time with active orders, encouraging consistent market presence

**Calculation**: Your monthly reward share = (Your performance score ÷ Total all MM scores) × Monthly reward pool

#### Vesting Schedule

Rewards are split to balance immediate incentives with long-term platform alignment:

* 50% Instant: Available immediately when epoch concludes
* 50% Vested: Linear unlock over 4 months (25% per month)
* Purpose: Reduces sell pressure while providing immediate liquidity for operational needs

### Rewards Calculation Example

#### Tier 6 Market Maker Scenario

**Monthly Performance Assumptions:**

* Total Trading Volume: $500M (qualifying for Tier 6)
* Maker Volume: $300M (60% maker ratio)
* Performance Score: 12% of total market maker pool
* Monthly Reward Pool: 2,000,000 YMTA tokens

**Fee Rebate Calculation:**

* Maker rebate: $300M × 0.015% = $45,000
* Taker fees paid: $200M × 0.01% = $2,000
* Net fee benefit: $43,000 YMTA Token Rewards:
* Total tokens earned: 2,000,000 × 12% = 240,000 YMTA
* Instant (50%): 120,000 YMTA (claimable immediately)
* Vested (50%): 120,000 YMTA (30,000 per month over 4 months)

**Combined Monthly Value:**