> For the complete documentation index, see [llms.txt](https://whitepaper.turncoin.com/turncoin-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.turncoin.com/turncoin-whitepaper/turncoin/4.4-returns-to-turncoin-holders/4.4.1-monthly-yields.md).

# 4.4.1 Monthly Yields

### Perpetual Cash Yields

TurnCoin holders share pro-rata in 100% of the global gross-revenue of TheXchange through a monthly yield that is paid out in USDC via SmartContracts at 4:44 am SAST on the first of every month.

**How is the monthly TurnCoin Yield determined?**

*Global Gross Revenue ÷ 1 Billion TurnCoin = Monthly Yield per TurnCoin*

*eg. $3.25B (TurnOver) ÷ 1B TurnCoin = $3.25 Monthly Yield per TurnCoin*

**Every time TheXchange globally generates $1 Billion in Gross Revenue a Yield of $1.00/TurnCoin is paid out to TurnCoin Holders.**