INCENTIVE_LAYER
NO INFLATIONUSDC-SETTLEDEXOH FEE RIGHTS

PROGRAMMATIC
REAL YIELD.

Exohash routes economic value with deterministic rules. Betting fees are collected in USDC and paid to: validators who secure the randomness committee, and EXOH stakers who govern fee policy.

BOND ASSET
USDC
Validators stake USDC (Proof-of-Liquidity model).
FEE ASSET
USDC
All bets, fees, and payouts settle in the same canonical denom.
GOV / FEE-RIGHTS
EXOH
EXOH stakers receive protocol fee share and control parameters.
Devnet disclosure

Parameters (edge presets, take-rate, distribution intervals) are being tuned during devnet. The flow model is stable; the operational envelope is being hardened under load.

Two-asset design

USDC does the work. EXOH governs the machine.

USDC is the settlement layer: validators bond it, players bet it, and rewards are paid in it. EXOH is the governance and fee-rights token staked in x/exohrewards.

USDC — SETTLEMENT & SECURITY

USDC

  • Canonical denom for bets, fees, and payouts
  • Validator bond asset (staking denom)
  • Reward currency for validators and EXOH stakers
EXOH — GOVERNANCE & FEE RIGHTS

EXOH

  • Staked in x/exohrewards to earn USDC fees
  • Controls fee policy parameters via governance
  • Governance participation can lock stake while voting

The Yield Waterfall

Flow is deterministic. Funds route to distribution modules — not to discretionary treasuries.

1
1. BET PLACEMENT
User stakes USDC; protocol validates solvency in x/house
2
2. FEE EXTRACTION
Fee is computed from edge × take-rate (governance parameter)
3
3. ROUTING
Fee splits into x/valrewards + x/exohrewards deterministically
4
4. REAL USDC PAYOUT
Validators + EXOH stakers receive USDC (no inflation required)
Yield router

See how a bet becomes USDC rewards.

This models the implemented fee extraction and routing: protocol collects a take-rate on edge and splits it between validator rewards (x/valrewards) and EXOH staker rewards (x/exohrewards), while the net stake is escrowed to the bankroll.

SIMULATE_YIELD_ROUTER

DEVNET PARAMETERS
All betting and settlement is denominated in USDC.
0%3.00%15%
Engine configs define edge. This is parameterized per game/market.
0%30.00%100%
This controls what portion of edge becomes protocol fees vs remaining with bankroll economics.
0%50.00% to validators100%
The remainder routes to EXOH stakers as protocol fee share.
Total Stake Escrowed
100.00 USDC
User stake enters the protocol flow on bet placement.
Edge Amount (parameterized)
3.0000 USDC
An expected-value parameter used for fee extraction math, not a guarantee of profit.
Protocol Fee Collected
0.9000 USDC (0.900% of wager)
Computed as: stake × edge × take-rate. Collected immediately at placement time.
Routes to Validator Rewards
0.4500 USDC
Flows into x/valrewards and is push-distributed to the active DKG committee on schedule.
Routes to EXOH Staker Rewards
0.4500 USDC
Flows into x/exohrewards and is claimable by EXOH stakers pro-rata.
Net to Bankroll Escrow
99.1000 USDC
Net stake is escrowed to the bankroll container that guarantees payouts.
INVESTOR READ

There is no discretionary “treasury routing” here. Fees are routed by deterministic rules into distribution modules, and paid out in USDC to the network security set and to EXOH fee-right holders.

Distribution

Two reward rails, one currency: USDC.

Validator rewards and EXOH staker rewards are separated for clarity and governance control.

x/valrewards — validator rail
Collects USDC fee inflows and push-distributes them equally to the active DKG committee. Rotation is triggered by epoch change (to prevent cross-epoch leakage) or by an interval timer.
x/exohrewards — EXOH staker rail
EXOH is staked (locked) to receive protocol fee share in USDC. Rewards accrue pro-rata and are claimable. Accounting uses precision-safe tracking to avoid losing remainder (“dust”).
x/house — solvency + routing
Enforces collateral reservation, escrows net stake to bankrolls, and routes the collected fee into the two reward rails deterministically. Clients cannot dictate payout math.
Why the split matters

Validators are incentivized in USDC to secure the randomness committee and consensus. EXOH stakers are incentivized in USDC to govern fee policy and long-term alignment. Both are paid from protocol activity, not from inflation.

Economic invariants

What cannot happen.

These properties are designed to keep the system credible under diligence: no hidden emissions, no vague treasuries, and deterministic routing.

No inflation dependence
The model is designed around USDC flows from protocol activity. Inflation is disabled, and rewards are dominated by real fees.
No discretionary treasury routing
Fees route into explicit distribution modules with deterministic logic. There is no manual “fund allocation” step to trust.
Solvency container boundary
Bets are collateral-reserved before outcomes resolve. Bankroll escrow exists to make ‘the house pays’ a protocol property, not a promise.

Navigate the Architecture.

RANDOMNESSHOUSEENGINESECONOMICS
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System Status: Devnet Active