SIVO holders (in Q4) will be eligible to earn an additional Premium APY on their sivoUSDX deposits. Premium APY is paid in USDC and can be claimed directly through Sivo.xyz.
The Premium APY is determined by the amount of SIVO held relative to your sivoUSDX position. Users who hold 180 SIVO per $100,000 of sivoUSDX receive the maximum 1.2x Premium APY multiplier.
The multiplier scales proportionally. For example, a user holding 90 SIVO per $100,000 of sivoUSDX would receive a 1.1x Premium APY multiplier, while users meeting the full requirement would receive the maximum 1.2x multiplier.
Premium APY rewards accrue in USDC and are claimable through Merkl?