Claiming Excess

At any point, MaxCap stakers are able to claim profits from the vault they have staked MaxCap towards. Doing so resets the amount of MaxCap a user has accumulated from their staked MaxCap. The amount of excess you can claim depends on the amount of total staked MaxCap for the vault, as well as how much excess yield is available. The formula for claiming the amount is relatively simple:

claimAmount = user staked MaxCap amount / total staked MaxCap for vault * amount of excess yield in the vault

In a simplistic example, you have 1 staked MaxCap and are voting for Vault A. If there is a total of 100 staked MaxCap voting for Vault A, and an excess of 500 USDC then:

claimAmount = 1 / 100 * 500

claimAmount = 5

Therefore, in this example, the user would be able to claim 5 USDC.