Reward Distributor

The Enclabs Reward Distributor facilitates the management and distribution of rewards for lenders and borrowers based on their participation in specific markets.

Users' activity within these markets directly influences the rewards they receive. By enabling the addition of one or more reward distributors to a pool, the protocol allows for flexible customization of reward distribution rates on a per-market level.

The reward system has been enhanced to support rewards tied to specific markets and lending activities, along with the ability to utilize multiple reward tokens. This is designed to provide additional incentives and yield opportunities for users.

Reward Distributor System

The core of the Reward Distributor functionality lies within the RewardsDistributor contract.

This contract is responsible for setting up, tracking, and distributing rewards to users based on their lending and borrowing activities.

Each RewardsDistributor proxy is linked to a particular reward token and Comptroller at the time of initialization. From there, rewards are allocated to users who supply or borrow assets in the corresponding pool.

Claim Rewards

Users can claim the rewards they've accumulated for their activities in specific Lending and Borrowing markets.