# Rewards and Fees

## Rewards 

$CRV, $CVX, $XB3, veXB3 and more! 

Considering that the assets deployed into the XB3 Hive are deposited into Convex, and subsequently Curve, users earn $CRV and $CVX from the derived protocols.

### 80/20 

Users also earn $XB3 rewards. 80% of the emitted XB3 rewards will be locked on behalf of the user until the end of the campaign while the remaining 20% will be claimed directly to your wallet. 

Locked XB3 (i.e. veXB3) is yield generative on its own thus creating a complementary yield relationship between Hive rewards. veXB3 also implicitly boosts Hive rewards, creating a positive feedback loop for Vault stakers. 

All protocol revenue within the XB3 protocol gets awarded to veXB3 holders, and in their base assets. 

This ultimately means that as a Hive depositor - you can earn $CRV, $CVX and $XB3 (with 80% of the XB3 being locked). And as a veXB3 holder, you earn $CRV, $CVX, $XB3 and more veXB3, as well as base assets from additional product offerings (eg. XB3 Custody)

## Fees

Fees on the XB3 Hive are split between Protocol Revenue and the XB Referral Model

#### A 15% performance fee is charged on all claimed rewards from the Hive:

* 10% will go towards revenue for **veXB3** holders, and in their base assets.  <br>

{% hint style="danger" %}
**NOTE:** Upon launch, the $CRV and $CVX rewards earned by veXB3 holders will sit inside the Treasury Smart Contract until the final reward distribution contracts are deployed. Thereafter, veXB3 holders will earn their designated $CRV & $CVX rewards. <br>
{% endhint %}

* 5% will go towards the **XB Referral Program.** These users will receive their referral rewards in $CRV, $CVX & $XB3.\
  \
  All unallocated referral rewards (i.e. those rewards that do not go towards a referrer) will also be distributed to veXB3 holders.&#x20;

*For more information on the XB Referral Program and its 3 Tiers - please see below:*

{% content-ref url="../xb-referral-program" %}
[xb-referral-program](https://docs.xb3.finance/products/xb-referral-program)
{% endcontent-ref %}