Reward Routing
USDv separates where principal is held from where rewards are received.
You can hold USDv in one wallet and send rewards to that wallet or to a different destination. The underlying USDv does not need to move.
Principal Wallet
The wallet associated with the USDv balance or supported USDv position. It remains under the holder's control.
Reward Destination
The wallet selected to receive rewards. It can be the principal wallet or another wallet.
Common configurations include:
- a cold wallet holds USDv and a hot wallet receives rewards
- a treasury holds principal and an operating wallet receives rewards
- an application uses USDv and its owner wallet receives rewards
- a market maker holds USDv across supported venues and routes rewards to a central wallet
Delivery Options
Rewards can:
- Accrue for claim: rewards accumulate until the holder claims them.
- Be delivered over time: rewards are sent to the selected destination based on schedule.
Reward routing changes where rewards go. It does not change ownership of the principal or make an unsupported position eligible. When rewards are received and held as USDv, they become part of the eligible balance as well. This allows rewards to compound across both the principal wallet and the destination wallet.
