# #RealYield Revenue Sources ## Real Yield Revenue Sources GMD Protocol will earn Real Yield Revenue in ETH from the following sources: * The protocol will compound half of the ETH rewards of GLP from Delta-Neutral Vaults, while the other half will be collected as performance fees/protocol revenue and distributed to $GMD stakers in WETH. * $GMD earns WETH rewards from the GLP in GMD Reserve * $GMD also earns fees collected through protocol-owned liquidity, which will be converted to WETH and distributed. ## Real-Yield APR Sample Calculation Assuming total single-stake TVL of $1,000,000. $GMD APR will be: * At 20% APR from GLP, we compound a part for the Delta-Neutral Vaults. Let's use 50% for this example => 10% compounded. The other half is collected for $GMD Stakers. As a result, **$100,000** a year will be collected for $GMD stakers. * $200,000 worth of reserve in GLP earns another **$40,000** a year. * Assume protocol-owned liquidity collects **$50,000** a year (an extremely conservative 35% apr on the lp) * The team plans to take **30%** of total performance fees \=> The total revenue is 100,000 + 40,000 + 50,000 = **$190,000** a year \=> GMD$ earns about $133,000 after performance fees. Assuming 10,000 tokens staked at $50, $GMD earns approximately **27% APR**.\ \ Our treasury is also making \~\~ about **8000 - 10000$** weekly. (We are using extremely conservative numbers for the sake of this calculation only) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://gmd-protocol.gitbook.io/gmd-protocol/gmd-protocol-overview/realyield-revenue-sources.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.