Merkl Operators

Merkl Operators: Asset Managers that automatically claim Merkl rewards from liquidity incentive campaigns and send them to a receiver set by the Account Owner.

Merkl is a widely used reward distribution platform powering dApps such as Aerodrome, Uniswap, Aave, etc.

Also Arcadia Accounts can be eligible for said rewards by holding positions that qualify the requirements of a specific Merkl campaign (set up by third parties, not the Arcadia team).

The Merkl Operator automates claiming and distribution of the rewards to an address set by the owner of the Arcadia Account.

Properties

Merkl Operators are:

• Immutable.

• Non-Custodial but triggering is Permissioned.

• The contract relies on economic incentives, with the initiator of the operation charging a fee.

Fees

The Merkl Operator charges the standard fee on yield earned, see Fees.