Royalties (Barons)
TL;DR — Barons (veCLAIM holders) earn 25% of every takeover’s ETH, weighted by veCLAIM share. Collect ETH directly to your wallet (Collect ETH) or compound through the Furnace into more veCLAIM (Collect & Lock). Enable auto-compound to automate the second path.
veCLAIM holders are Barons, and Barons earn ETH royalties from every takeover. Each takeover splits 25% of the ETH paid by the new King into the Barons pool, distributed proportionally by veCLAIM balance.
Your share of every payout is your veCLAIM / total veCLAIM. Lock more, hold longer, and your share grows. Let a lock decay and your share shrinks.
How royalties accrue
ETH from every takeover indexes against the live veCLAIM total at the moment that takeover settles. Your accrued ETH balance updates whenever new takeovers land, and again whenever a lock you own changes (top up, extend, merge, expire).
- Accrual is continuous. You do not need to act to earn royalties. ETH waits for you until you Collect.
- Decaying locks are settled correctly. Even if your lock loses veCLAIM between takeovers, the protocol records each takeover’s distribution against the share you held at that moment. You receive what you earned, not what your lock is worth today.
Your Accrued ETH balance appears at the top of Overview.
The two collection paths
When you have accrued ETH, you choose how to receive it. Both flows are available from Overview and Locks.
| Path | What it does | When to use |
|---|---|---|
| Collect ETH (default) | Withdraws accrued ETH directly to your wallet. Liquid, immediate. | You want spendable ETH, or your strategy treats royalties as yield. |
| Collect & Lock (optional) | Routes accrued ETH through the Furnace — swaps to CLAIM, locks it with a bonus, and grows your veCLAIM. | You want to compound royalties into a larger future share. |
For a worked walkthrough of either path, see the Collect ETH and Collect & Lock tutorials.
Auto-compound
Auto-compound automates the Collect & Lock path. Once configured, an authorized maintainer (the allowlisted keeper in normal operation; an owner emergency path remains available for recovery) executes Collect & Lock for you when conditions are met.
Setup:
- Open Collect & Lock from Overview or Locks, then toggle Enable auto-compounding.
- Choose an existing eligible destination lock and target duration. The UI may preselect one; click to override.
- The keeper executes periodically when you have accrued ETH.
Behavior:
- Destination must already exist and be eligible when you configure it.
- Auto-compound never creates a new lock during execution.
- Adding capital to an existing lock does not change its duration.
- AutoMax destinations keep their 1-year behavior.
- Preferences are remembered per wallet until you change them.
- Default maximum slippage tolerance is 5%. During volatile conditions, the keeper may skip your compound if slippage exceeds this limit — your ETH stays accrued for the next attempt.
- For eligible locks, the keeper processes auto-compound during the settlement window.
Pause-on-ineligible. Auto-compound pauses automatically if the destination lock becomes ineligible — listed on Market, expired, no longer owned by you, or (for non-AutoMax locks) below 7 days remaining. ETH continues to accrue. Re-enable by selecting a fresh destination.
For a one-action setup that creates an AutoMax lock and configures auto-compound in a single flow, see The Furnace — Eternal Lock.
Decay, AutoMax, and your share over time
veCLAIM decays as a lock approaches expiry. Royalty share follows decay directly: half the veCLAIM, half the share. Royalty income from past takeovers is preserved (the protocol records the share you held at each takeover), but future takeovers will pay a smaller slice if your veCLAIM has fallen.
Two ways to hold your share:
- Extend a lock to push expiry further out (the Furnace extension bonus rewards you with extra veCLAIM on your existing CLAIM for the days you add).
- AutoMax holds the lock at maximum duration (1 year) indefinitely. Decay halts. For eligible AutoMax locks, the keeper also processes extension bonuses during the settlement window — your veCLAIM grows over time at no gas cost. See Locks — AutoMax.
Where to act in the app
- Overview — Accrued ETH at the top of the page; Collect ETH, Collect & Lock, and Auto-compound setup buttons in the Common actions row.
- Locks — Manage existing veCLAIM positions (extend, merge, top up, AutoMax). Royalty actions and auto-compound configuration live on Overview.
- Deep links: /overview?collectEth=1 , /overview?collectLock=1 .
Sharing a single collection
Every Collect ETH and Collect & Lock event has its own permalink at /u/{address}/royalties/{claimId}. The page renders the payout amount, the path you chose (ETH vs. Furnace compound), the transaction link, and a share sheet with X / Farcaster / Copy actions. Clicking a Royalty row in Activity opens this page directly — and sharing from the row produces the same URL, so the link preview, the in-app landing, and your wallet’s tx history all line up.
See also
- Core Concepts — The CLAIM stream and the Furnace loop
- veCLAIM — Concept overview, ve weight math, decay, and AutoMax
- The Furnace — Bonus engine, locking, exiting
- Locks — Managing veCLAIM positions
- Strategy & Tips — When to collect vs. compound
- Glossary — Barons, Accrued ETH, Collect & Lock