How Pages Work

Pages measure your participation in the Grimoire. They weight the $BOOK distribution when Chapter IV closes.

The basics

Pages accrue passively from holding vault shares. There is no daily task, no check-in, no quest board. Deposit = earning pages.

The formula

You earn 1 page per $100 per hour of deposits.

Worked example: You hold $1,000 in the ETH/USDG vault for one day. That's $1,000 ÷ $100 × 24 hours = 240 base pages. During Chapter I (×2.0 multiplier), you'd earn 480 pages.

Multipliers

Your base pages are multiplied by:

• Chapter multiplier: Earlier chapters have higher multipliers (Chapter I = ×2.0, Chapter IV = ×1.0)
• Vault multiplier: Riskier vaults like stock-token pairs earn ×1.5, new vaults earn ×2.0 for 14 days

No gaming the system

Points are computed on hourly time-weighted average balance (TWAB), not spot balance. Flash deposits around snapshot times earn nothing. The formula rewards capital × time, not transaction volume.