# Fee Distribution

[**vlCXD holders**](https://medium.com/cortexdao/cxd-locking-is-now-live-f8c71a27c4c2) **earn stablecoins from protocol profits. Fees earned can be claimed from** [**CortexDAO**](https://cortexdao.io/#/lock-cxd)**.**

## Claiming Fee Distributions <a href="#id-2998" id="id-2998"></a>

![](https://miro.medium.com/max/792/0*J4wZYs3s1ZSSE6is)

1. Visit [**CortexDAO**](https://cortexdao.io/#/lock-cxd)**.**
2. Click “claim” from the ‘Fees Earned’ box.
3. Approve the transaction in MetaMask.

## How Fees are Earned <a href="#id-43e9" id="id-43e9"></a>

![](https://miro.medium.com/max/1400/0*9Zj4SmwQELRxO7cq)

1. The Convex Index collects a **15% fee** on [harvested rewards](https://dune.com/0xandrew/CortexDao-Token-Metrics) as the main revenue stream.
2. A portion of revenue is used to cover protocol expenses such as deployment, staking, harvesting, and claiming.
3. **All profits are then distributed to vlCXD holders as 3CRV.\***
4. Users can redeem 3CRV for USDC, USDT or DAI from [Curve’s 3pool](https://curve.fi/3pool).

*\*Once the Convex Index token (idxCVX) is launched, profits will be distributed in idxCVX.*

![](https://miro.medium.com/max/1400/0*boLH-SYhZbROBgUA)

Each protocol harvest earns reward tokens from active strategies, which are accrued as fees to be distributed.

Harvested rewards can be viewed from the new [CortexDAO Dune Dashboard](https://dune.com/0xandrew/CortexDao-Token-Metrics).

## How are Fees Are Calculated <a href="#id-8b14" id="id-8b14"></a>

Each weekly epoch begins and ends on Wednesday at 8 pm EST.

A user’s vlCXD balance is checkpointed at the start of each weekly epoch, and the amount of earned fees a user will be distributed is calculated at the end.

Only vlCXD locked before the epoch (I.E. this Wednesday, 8 pm EST) will be used to calculate earned fees, claimable upon the next weekly epoch (I.E. next Wednesday, 8 pm EST).

All vlCXD holders receive fee distributions pro-rata to vlCXD total supply
