Claiming rewards

Staking LP tokens in The Marina earns you RICH shares. Staking RICH in The Yacht Club earns you CASH mints.

RICH share reward claims require a PSM fee in PLS which goes to backing the CASH peg for PDAI. The claim quote will make that cost clear in your wallet application before a transaction is submitted.

The PSM fee applies only to RICH rewards earned in The Marina, never to deposited principal. Deposits and withdrawals are never taxed in The Marina LP pools.

CASH rewards from RICH staking in The Yacht Club are separate from The Marina reward claims. CASH reward claims are not taxed however claiming CASH rewards from The Yacht Club will reset the lock timer, at launch deposits into The Yacht Club are locked for 4 epochs and reward claims are locked for 2 epochs.

See parameters and fees and the PSM.