1. Set up the distribution parameters
Companies define the parameters of their distribution: payout token, amount, schedule, and eligibility criteria. Configure it directly on Merkl Studio, or let the Merkl team guide you through the setup. Once funds are deposited, the distribution goes live within an hour.
2. Merkl tracks every onchain event
Merkl tracks every onchain event matching the eligibility rules: holding tokenized shares, holding stablecoins, providing liquidity, supplying to lending markets, or any custom activity. Tracking is continuous at the block level and never relies on discretionary snapshots.
3. The Merkl Engine computes the payouts
Every 2 hours, the Merkl Engine matches indexed onchain data with the distribution rules to compute each recipient's payout. Pending allocations become visible to recipients ahead of the next distribution cycle.
4. The Merkl Engine distributes payouts onchain
Every 8 hours, the Merkl Engine generates a Merkle Tree to batch computed payouts and push them onchain. Recipients can then claim their payouts from any integrated interface, including the Merkl App.
5. Monitor with real-time analytics
Track every distribution from Merkl Studio: distribution volume, recipient counts, eligible activity, TVL, APR, and any custom metric. Adjust the parameters while it's running, or renew the distribution once it ends.
Hear it from our clients
"Merkl simplifies rewarding users for providing liquidity, whether directly to pools or through automated liquidity managers. This allows Oku users to easily claim their Uniswap v3 rewards without taking on additional smart contract risk."
"Partnering with Merkl allowed us to scale our liquidity initiatives across multiple chains with ease, driving over $100M in added liquidity and $66 in TVL per OP token distributed. Their support was key to the growth of the Optimism ecosystem."
"Working with Merkl has been a real relief for our team. Instead of spending time and resources maintaining a complex in-house reward system, we can now focus fully on building the best lending experience."
"What convinced us to work with Merkl was their ability to adapt their architecture to our security requirements. They delivered a custom wrapper flow that made the refund seamless for users while ensuring Hourglass retained strict control over the vault at all times."
