Introduction

Mangrove’s incentive program rewards users based on the effective trading volume they generate. Through a straightforward farming contract, participants earn MGV tokens—Mangrove DAO’s governance token—for each $1,000 in trading volume. This document outlines the process for calculating MGV token rewards.

The parameters affecting MGV’s yield may change over time, and any changes will be publicly announced regularly. At the beginning of each epoch—spanning a set number of weeks or months—the total amount of MGV available for claiming will be updated.

However, the principles behind the MGV incentives program are set.