🪙 EARN — Earn Protocol Rewards Token
Why We Chose EARN
We selected EARN because it gives Shiburnit Club members direct access to protocol fees generated in the Earn Protocol ecosystem. By staking EARN, members earn a share of borrowing fees (paid in PXDC) and redemption fees (paid in PLSX). This makes EARN an effective tool for compounding rewards while supporting our broader strategy of accumulation, collateral growth, and expanding the Rewards Pool.
Tokenomics Snapshot
| Metric | Value / Note |
|---|---|
| Total Supply | 100 million EARN (fixed at launch) |
| Distribution | Rewarded to Stability Providers (no premine) |
| Utility | Staked to earn protocol fees (PXDC + PLSX) |
| Fee Sources | Borrowing fees in PXDC; redemption fees in PLSX |
How EARN Works
Staking: EARN can be staked to earn a proportional share of Earn Protocol system fees.
Fee Streams:
Borrowing Fees — paid in PXDC whenever someone mints PXDC against PLSX collateral.
Redemption Fees — paid in PLSX whenever PXDC is redeemed to balance the peg.
Compounding:
PXDC earned can be recycled back into the Stability Pool or restaked.
PLSX earned can be accumulated for creating new collateral vaults and minting additional PXDC.
This creates a compounding rewards loop that steadily increases accumulation.
How It Supports Our Strategy
Immediate Staking: Unlike idle tokens, every EARN distributed into the Rewards Pool is staked as it’s accumulated — all the way until monthly Rewards Pool distributions.
Recycling Earnings: PXDC and PLSX earned through staking are recycled back into Stability and Staking Pools, fueling additional growth and minting capacity.
Bonus Airdrops: 100% of the EARN allocated to Shiburnit Club is distributed through Bonus Rewards Pool Airdrops, giving members direct access to ongoing fees.
Flexibility: Members are free to do what they want with their EARN airdrops — stake them for ongoing rewards, trade them, or hold them long-term.
Final Summary: Why EARN Matters
EARN isn’t a speculative “core” asset — it’s a pure rewards token that provides direct access to PXDC and PLSX fee streams. By staking EARN as it’s accumulated, Shiburnit Club turns protocol fees into compounding growth that strengthens the Rewards Pool while giving members an extra layer of value through Bonus Rewards Pool Airdrops.
📌 Click Here to Learn about our next Bonus Rewards Pool Airdrop!