# xSHADOW Revenue Distribution

## <mark style="color:orange;">Please visit</mark> [<mark style="color:orange;">docs.shadow.so</mark>](https://docs.shadow.so/) <mark style="color:orange;">these are depreciated.</mark>&#x20;

## <mark style="color:orange;">Web app is available at</mark> [<mark style="color:orange;">shadow.so</mark>](https://www.shadow.so/)

{% hint style="info" %}
During epoch 0, since there is no pre-voting, all trading fees will be rolled into Epoch 1.
{% endhint %}

<mark style="color:orange;">**Weekly Epochs:**</mark> SHADOW incorporates the traditional weekly epoch cycle, where users vote to direct emissions on a weekly basis.

**Vote Incentives:** Users earn voting incentives immediately after the epoch flips on Thursday of each week.  Voters that vote on a liquidity pair recieve 100% of voting incentives provided to that pair.  For example, if there is a 1000 USDC incentive on a pair, and the pair receives votes from only a single voter, that voter would receive 1000 USDC claimable when the next epoch begins on Thursday at 0:00 a.m. UTC.

<mark style="color:orange;">**Swap Fees:**</mark> Voters also earn a share of trading fees in real-time throughout the week, based on the pool(s) they voted for before the epoch flips. These are pushed on a regular cadence permissionlessly when the applicable fee threshold is achieved.

<mark style="color:orange;">**Early Exits:**</mark> xSHADOW introduces a "PvP Rebase" system, addressing the traditional veTOKEN model's lack of an exit mechanism. Instant exits are streamed back to xSHADOW holders in real-time.

<mark style="color:orange;">**Conversions:**</mark> Converting xSHADOW to SHADOW involves a vesting process where the conversion ratio increases with longer vesting periods. Should a user opt for a vesting duration less than the maximum, the excess SHADOW is redistributed back to xSHADOW holders.