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Asset management

Mamo

# Mamo Revenue Methodology

## 1. Overview

Revenue measures the total value of rewards distributed to Mamo stakers. These distributions consist of weekly MAMO and cbBTC rewards, which are routed from the treasury through the rewards distributor to the staking contract. This metric reflects the earnings generated by the protocol that are directly allocated to governance participants and stakers, excluding external strategy rewards (such as WELL or MORPHO) which accrue fully to depositors.

## 2. Data sources

- **Blockchain events**: `RewardsNotified` events from `RewardsDistributorSafeModule` contracts, covering Base
- **External data**: End-of-day price feeds and asset metadata

## 3. Step-by-step calculation

### Component A: Reward distribution extraction

- **Purpose**: To capture raw reward amounts distributed to stakers
- **Logic**: `RewardsNotified` events from `RewardsDistributorSafeModule` contracts are parsed to extract the raw distribution amounts of the two reward assets, MAMO and cbBTC. The raw amounts are retrieved from the `token1Amount` and `token2Amount` fields of the event.
- **Key fields**: `token1Amount`, `token2Amount`, `block_timestamp`

### Component B: Decimal normalization

- **Purpose**: To adjust raw asset amounts for decimal precision
- **Logic**: Raw reward amounts for both MAMO and cbBTC are joined with asset metadata. The raw values are normalized by the decimal precision of each respective asset to calculate the actual asset quantities.
- **Key fields**: `decimals`, `token_address`

### Component C: USD conversion and aggregation

- **Purpose**: To convert normalized reward values to USD and aggregate them
- **Logic**: Normalized asset quantities are multiplied by end-of-day price feeds to determine their USD value. The USD values of both reward assets are summed and aggregated to a daily granularity using UTC day boundaries.
- **Key fields**: `price_usd`, `timestamp`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

MamoMAMO

Revenue

Revenue

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