Protocol stakers receive a share of profits from Concave products and services. Rewards to stakers are paid out at different intervals. Locked emissions in the native CNV token are paid out at 24-hour intervals and redeemable rewards in non-native tokens (DAI, Frax, etc.) are paid out quarterly. Rewards in the native CNV token are primarily generated through bonding activity whereas the quarterly dividend is generated through excess profits derived from other Concave products and services. Bonding activity grows the Concave treasury and supply of the native CNV token. The Concave treasury is utilized to develop products and investment vehicles that generate yield back to CNV stakers.