> For the complete documentation index, see [llms.txt](https://docs.pyron.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pyron.fi/pyron/reward-hub.md).

# Reward Hub

## Rewards

Some Pyron pools offer additional rewards on top of the standard lending or borrowing rates.

These incentives are called emissions. A rewarded pool distributes a reward token to users who either lend to or borrow from that pool.

Rewards accrue continuously while your position is active and can be claimed at any time through the Reward Hub.

### How Rewards Work

Each rewarded pool distributes rewards on one side of the market, either to lenders or to borrowers.

Your rewards accrue every second based on:

* The size of your deposit or borrow position
* How long you keep the position open
* The pool’s current reward emission rate

Rewards are paid in a designated reward token, which may be different from the asset you deposited or borrowed.

Each rewarded pool has a fixed reward budget. Once the allocated rewards have been fully distributed, the pool stops paying additional rewards.

There is nothing extra you need to activate. Deposit into or borrow from an eligible pool, and you start earning rewards automatically.

### Where Rewards Show Up

#### Markets

Rewarded pools display a flame icon next to their rate.

Hover over the rate to see how the base rate and rewards contribute to your effective APY:

Lending

`Lending Rate + Rewards = Total APY`

Rewards increase the effective yield you earn for lending.

Borrowing

`Borrow Rate − Rewards = Net Borrow APY`

Rewards offset part of your borrowing cost. Depending on the incentive level, the resulting net rate may be significantly lower than the base borrow rate.

#### Reward Hub

Open Rewards from the top navigation menu to see all your reward activity in one place.

Unclaimed Rewards shows everything you have earned but have not yet claimed, grouped by reward token.

Active Earning Positions shows pools that are currently distributing rewards:

* A highlighted token means you currently have an eligible position and are earning rewards.
* A greyed-out token means the pool is offering rewards, but you do not currently have the position required to earn them.

Hover over a token to see whether you need to lend or borrow to become eligible.

### Claiming Your Rewards

To claim rewards:

1. Open the Rewards page.
2. Click Claim Rewards on the Unclaimed Rewards card.
3. Select the pools you want to claim rewards from.
4. Review the total, which updates as you select pools.
5. Click Claim.

Your reward tokens are sent directly to your wallet.

If your wallet does not yet have an account for a particular reward token, it is created automatically as part of the claim transaction. No setup is required beforehand.

### Closing a Position Automatically Claims Its Rewards

You do not need to claim rewards before closing a position.

If you fully withdraw a deposit or fully repay a loan, any unclaimed rewards associated with that position are automatically sent to your wallet as part of the same transaction.

This means you won’t leave earned rewards behind when closing a position.

### Good to Know

* Claiming does not affect your position. Your deposits, borrows, and health factor remain unchanged. If the pool is still distributing rewards, you immediately continue accruing them after claiming.
* There is no minimum claim amount or claim deadline. Unclaimed rewards remain available until you collect them.
* Rewards do not compound automatically. They remain claimable until you claim them. If you want to put those rewards to work, you can deposit them yourself after claiming.
* Reward rates can change or end. Emissions depend on the reward budget available to each pool.
* Claims History is coming soon. Until then, completed claim transactions can be viewed on FogoScan.