After is currently in its beta phase and has not yet launched on mainnet.
EconomicsRewards

Rewards

To maintain a healthy borrowing and lending economy, as well as the health of the greater ecosystem, it is essential to adjust rewards dynamically in order to align with market conditions.

The current distribution of voting rewards is as follows.

  • 70% of voting rewards are directed to afterStaked.
  • 20% of voting rewards are directed to afterRedemption.
  • 10% of voting rewards are directed to the protocol treasury and After stakers.

These weights are bound to change by the discretion of the team. For example, during periods of low borrowing rates, borrowing may be incentivized by increasing the amount of rewards directed to afterRedemption. Similarly, during periods of high borrowing rates, lending may be incentivized by increasing the amount of rewards directed to afterStaked. Additionally, the protocol token, After, may also be used to incentivize borrowing or lending.