> For the complete documentation index, see [llms.txt](https://wiki.unitas.foundation/unitas-protocol-v1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.unitas.foundation/unitas-protocol-v1/how-unitas-protocol-works/for-insurance-providers-ips/ve4rex-and-dividend-distribution.md).

# ve4REX and Dividend distribution

<figure><img src="/files/CVhVdLZfAkAchJK5m7Us" alt=""><figcaption><p>simplified representation of 4REX locking</p></figcaption></figure>

Any 4REX holder has the option to lock their 4REX with the protocol to convert 4REX into ve4REX. All ve4REX holders receive dividends from the protocol.&#x20;

The protocol generates revenue via transaction fees, foreign exchange rate profit through EMC price depreciation (against the USD), and external yields with reserved assets. A portion of the total revenue earned by the protocol is distributed to all ve4REX holders. The protocol will execute the revenue dividend process periodically (e.g., weekly, monthly, etc).&#x20;

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