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PADD Liquidity Incentives

PreviousPrice OracleNextBGT Emission + Beratrax Integration (Thoon)

Last updated 7 days ago

Borrowers

Borrowers on Paddle Money Market earn $PADD rewards for borrowing from lending pools.

Each market has a unique “PADD Speed”, which determines how much $PADD is distributed per block to borrowers in that market. This rate may vary depending on market conditions, community voting (gauge), or Paddle Governance proposals.

  • Important Notes:

    • Not all markets receive the same $PADD allocation.

    • $PADD distribution is dynamic and may shift over time.

Reward Formula

For each block, a borrower’s $PADD reward is calculated as:

PADDSpeed×(YourCurrentDebt/TotalDebtinMarket)PADD Speed × (Your Current Debt / Total Debt in Market) PADDSpeed×(YourCurrentDebt/TotalDebtinMarket)

Check the table below for live updates on PADD distribution across all markets.

Chain
Market
Monthly $PADD Distribution

Berachain

Bullas/WBERA

TBD

Berachain

Steady Teddys/WBERA

TBD

Berachain

Yeetard/YEET

TBD

Note: If you deposit NFTs without borrowing, you won’t earn liquidity incentives (e.g., $PADD rewards) from the lending market. However, to reward early trust and participation, Paddle will collaborate with ecosystem partners to offer additional incentives—such as airdrops—to NFT depositors, regardless of whether they borrow or not.

Lenders

Just like borrowers, lenders on Paddle Money Market earn $PADD rewards for supplying capital to lending pools.

However, there’s one key difference: $PADD rewards are distributed based on the iToken balance you hold (iTokens represent your current total supply). If you transfer your iTokens to another wallet (not belongs to you), you will lose access to your supplied funds and stop receiving $PADD rewards (the one who has those iToken accrues $PADD rewards).

Once Paddle’s BGT emission goes live, the setup changes slightly. If you stake your iTokens on platforms like Infrared Finance or BeraHub, your $PADD rewards will be redirected to validator incentives, and you'll instead receive BGT or iBGT—ensuring your rewards still flow back to you, just in a different form.

Reward Formula

For each block, a lender's $PADD reward is calculated as:

Check the table below for live updates on PADD distribution across all markets.

Chain
Market
Monthly $PADD Distribution

Berachain

Bullas/WBERA

TBD

Berachain

Steady Teddys/WBERA

TBD

Berachain

Yeetard/YEET

TBD

PADDSpeed×(YourCurrentSupply/TotalSupplyinMarket)PADD Speed × (Your Current Supply / Total Supplyin Market) PADDSpeed×(YourCurrentSupply/TotalSupplyinMarket)