SODAX Pool rewards are distributed to liquidity providers based on their active contribution to the SODA/xSODA pool.
🧠 Rewards are proportional to your active liquidity. The share of rewards you receive depends on how much liquidity you have provided and whether the current trading price falls within your selected price range.
Step-by-step Guide to Claim Your Rewards
Rewards accumulate as you provide liquidity and can be viewed within the SODAX Pool interface. For more on where these rewards come from, see "Where do SODAX Pool rewards come from?"
💡 Keep your liquidity in range to maximize rewards. If you notice the trading price approaching the edge of your selected range, consider adjusting your position to stay active. For more on managing your range, see "Why do I need to select a range for my liquidity?"
Open SODAX Pool.
Head to sodax.com and click 'Launch Apps' in the top-right.
Ensure that 'Pool' is selected on the left-hand menu.
Connect your wallet(s) for networks you provide SODA/xSODA liquidity on.
For a detailed guide on how to connect wallets, head to "How do I connect to SODAX?"
Select your network.
Click the down chevron next to "SODA/xSODA" and select the network you hold a SODA/xSODA liquidity position on.
Your existing SODAX Pool position should now be visible on screen.
Manage your SODAX Pool position.
Hover over your existing SODAX Pool position.
Click “Manage”
Claim your fees.
In the modal that appears, click “Claim fees”.
Sign the transaction in your wallet application.
You will receive your fees paid in xSODA.
How Reward Distribution Works
When rewards are allocated to the SODA/xSODA pool on SODAX Pool, they are distributed among all liquidity providers whose positions are currently active, meaning the trading price of xSODA relative to SODA is within their selected price range.
Active Liquidity Earns Rewards: Only liquidity that is "in range" at the time of distribution will receive a share of rewards. If the trading price has moved outside your selected range, your position will not earn rewards until the price returns or you adjust your range.
Proportional Share: Among all active positions, rewards are distributed proportionally based on the amount of effective liquidity each provider has contributed within the current price range.
Tighter Ranges, Higher Concentration: Because SODAX Pool uses concentrated liquidity, providers with tighter ranges around the active price contribute more effective liquidity per unit of capital. This means they typically earn a larger share of rewards, though they must also manage their positions more actively.
Need Help?
If you have any further questions about reward distribution or need assistance, visit our Support Center for more articles and resources, or contact our support team via the button in the bottom right.