Rewards & Emissions

PLX’s emission system is performance-driven — meaning rewards aren’t static but proportional to protocol activity. When users deposit or rebalance through the vaults, their volume contributes to global metrics tracked on-chain. The more exposure and liquidity flow a user generates, the more they earn through Rally Rewards (in SOL or USDC) and PLX emissions (in governance tokens).

Each vault has its own emission rate and reward curve, calibrated for leverage and volatility:

• 2× vaults (SOL2X, PUMP2X, CHILLGUY2X): Lower risk, moderate yield, steady PLX emission rate.

• 5× vaults (SOL5X, PUMP5X): High-risk, high-yield vaults with enhanced emission multipliers tied to performance.

When vaults perform well (achieving positive ROI over defined periods), a portion of that PnL is used to boost reward pools, creating a self-sustaining flywheel — growth drives volume, and volume funds rewards.