> For the complete documentation index, see [llms.txt](https://docs.dein.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers.md).

# Rewards

## Summary

* Yield is distributed by block.
* Yield can consist of USDT and DEIN.
* USDT rewards come as an increase in saturation (increase in the DEINxCover token value).
* USDT rewards can be claimed by exiting the position (exchanging the DEINxCover tokens for USDT)
* DEIN rewards can be re-staked to [Native Staking ](/governance/native-dein-staking.md)or withdrawn instantly.
* Premium distribution depends on whether the Policy Books is whitelisted:
  * Whitelisted: 20% - Underwriters; 80% - protocol
  * Non-whitelisted: 80% Underwriters; 20% - protocol

{% content-ref url="/pages/lS8c05Y7JVxUd3ikdBPf" %}
[Precise APY calculations](/dein-system/reward-pool/precise-apy-calculations.md)
{% endcontent-ref %}

## What constitutes an APY?

APY is displayed for each Policy Book on the platform. The APY is the annualized sum of the following two assets: 

* USDT stablecoin (from Premiums)
* DEIN tokens (from the Reward Pool), if the policy books is whitelisted

Both the USDT stablecoin rewards and the DEIN tokens are calculated based on the perceived risk of the particular Policy Book, which is determined by the Utilization Ratio.

{% hint style="info" %}
The Underwriters choice of staking duration can affect the individual APY
{% endhint %}

## How can I withdraw my rewards?

To withdraw your earned DEIN rewards, you can choose either of the following:

* Re-stake your DEIN rewards to any of your existing positions in the Native DEIN Staking or create a new one.
* Withdraw instantly.

Withdrawing USDT rewards happens as you withdraw your position (exchange DEINxCover for USDT)

## **How do I earn yield in DEIN?**

Through staking the DEINxCover tokens received after you have provided Collateral in the DEINxCover Staking Contract. This action happens automatically when you underwrite a Policy Book.

Only whitelisted projects can benefit from staking DEINxCover to avoid the Protocol's economic exploits.

## **Is the USDT yield compounded?**

Yes! The Underwriter's Yield from the Premium paid in USDT is distributed by block, increasing the balance of USDT in the particular Policy Book (see [saturation](/underwrite/underwriting.md#what-does-the-saturation-of-the-coverage-pool-mean))


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