> For the complete documentation index, see [llms.txt](https://docs.hypha.sh/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hypha.sh/liquid-staking/stavax/triple-yield-mechanism.md). # Triple Yield Mechanism The APY (Annual Percentage Yield) for `stAVAX` is a result of **three distinct yield sources combined**. This multi-layered approach is designed to create a highly competitive and sustainable yield for `stAVAX` holders. ### 1. Avalanche Staking Rewards This is the primary yield source. All AVAX deposited into the vault is put to work validating the Avalanche network ### 2. MEV Rewards MEV (Maximal Extractable Value) is additional profit captured from the ordering of transactions within a block. Hypha is committed to an ethical approach, focusing exclusively on beneficial MEV strategies like arbitrage. This helps to balance prices across different platforms without negatively impacting user trades. The profits captured are then added to the staking rewards, increasing the overall yield for all `stAVAX` holders. ### 3. pstAVAX Yield Donations The Hypha ecosystem includes another token, `pstAVAX`, where users deposit `AVAX` but agree to forgo their staking yield in exchange for other rewards. Instead of going to the `pstAVAX` holder, this yield is periodically collected and donated directly into the `stAVAX` vault. This regular donation of yield acts as a rewards boost, increasing the overall APY for everyone holding stAVAX {% hint style="info" %} ## **Reward Collection and Distribution** The rewards from both native staking and MEV are collected together over a **15-day cycle**. These combined rewards are then streamed out linearly and deposited into the `stAVAX` vault over the following **14-day period**. {% endhint %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.hypha.sh/liquid-staking/stavax/triple-yield-mechanism.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.