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Concepts

The three-leg yield split

Every endowment's harvested yield is cut into three equal legs: compound, family, give.

When an endowment token's Aave yield is harvested, it is split three ways — every token the same way, with no hand deciding the cut.

LEG 1 — compound: a third flows through the liquidity adapter back into the LP manager, deepening the market for CEN and the endowment automatically. This is the compounding leg.

LEG 2 — family: a third goes to the V3 splitter, which fans it across the whole family pro-rata by on-chain holdings. See The family (pro-rata).

LEG 3 — give: a third flows as USDC to the cause drips the members vote on. This is the giving leg — the money that actually reaches the causes.

The split is structural: it runs the same for all fifteen endowment tokens, so the giving leg is never at anyone's discretion.

At a glance

On-chain — verify on BaseScan

Components

Part of

See also

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Crypto Endowment Network · Civilopedia · The Proof · Docs
Last verified on-chain 2026-10-15.