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Standard (External) Rewards
In Bancor version 3, rewards can be distributed to a liquidity pool in any token using the Standard Rewards contract. For example, a project could distribute its earnings to token holders by creating a rewards program that distributes USDC.
Standard Rewards will be used to distribute BNT rewards in the Bancor V3 bootstrapping campaign.
Rewards earned from a Standard Rewards program do not automatically compound, as they are a different token than the one provided - they must be claimed.
Standard Rewards differ from Auto Compounding Rewards in the following ways: