# Understanding ysCVG

**`ysCVG`** stands for *yield sharing* **`CVG`**, and represents a claiming right over treasury's profits that are streamed over 3 months after each **`TDE`** (*Treasury Distribution Event*). **`ysCVG`** does not hold any governance right over the Convergence protocol.

 **`ysCVG`** rewards are initially distributed as **`CRV`**, **`CVX`**, and**`FXS`**. More tokens can be added following DAO's votes.

The amount of **`ysCVG`** a user will receive by locking **`CVG`** depends on how long **`CVG`** are locked. The longer a user locks **`CVG`**, the more **`ysCVG`** his **`NFT`** will receive. 

{% hint style="info" %}
For example:

1.  A user locks 1,000 **`CVG`** to **`ysCVG`** for 96 **`cvgCycles`**: he will receive 1,000 **`ysCVG`** (full amount);
2. A user locks 1,000 **`CVG`** to **`ysCVG`** for 48 **`cvgCycles`**: he will receive 500 **`ysCVG`** (full amount).
   {% endhint %}

However, when a lock is created during an ongoing **`tdeCycle`** N (1 **`tdeCycle`** is equal to 12 **`cvgCycle`**), the amount of **`ysCVG`** is adjusted to how many **`cvgCycle`** the lock will last within the current **`tdeCycle`** N. The full **`ysCVG`** amount will be updated at the beginning of the **`tdeCycle`** N + 1.

{% hint style="info" %}
For example:

We consider a user who locks 1,000 **`CVG`** to **`ysCVG`** for 48 **`cvgCycles`**, during the **`tdeCycle`** N, **`cvgCycle`** 6. 

His full amount of **`ysCVG`**, available for the **`tdeCycle`** N + 1, is equal to:

$$1000\*\frac{48}{96}=500$$ **`ysCVG`**

His initial amount of **`ysCVG`**, available for the **`tdeCycle`** N, is equal to:

$$500\*\frac{6}{12}=250$$ **`ysCVG`**
{% endhint %}

Unlike **`veCVG`**, the full **`ysCVG`** amount remains the same until the end of the lock, and does not decrease. Rewards distribution will be done according to users shares of **`ysCVG`**.