StakeWiseSWISE

The StakeWise token incentives metric measures the total value of SWISE tokens distributed as rewards to users of the StakeWise liquid staking protocol. This metric captures two types of incentives: depositor rewards for users who stake ETH through StakeWise pools, and liquidity mining rewards for users who provide liquidity for SWISE tokens in external DeFi protocols. The metric answers the business question: "How much value in token incentives does StakeWise distribute daily to encourage user participation and liquidity provision?" The calculation aggregates SWISE token transfers from specific reward distribution contracts, converts these amounts to USD values, and presents them as daily totals to track the protocol's token incentive spending over time.Learn more