> For the complete documentation index, see [llms.txt](https://docs.tidal.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tidal.finance/how-to-use-1/payout-flow.md).

# Payout Flow

* **Reserve (Cover) provider** pays USDC to cover buyer under a payout event.
* **Guarantor pays guarantor** tokens to reserve providers under a payout event.
* **TIDAL staking pool** pays TIDAL tokens to reserve providers under a payout event.

![](https://lh6.googleusercontent.com/OwW1ymP05lSuPO88r1HyVt2SBet_YP9XyTH_GJEzrKL7zyFKqEJBXE_mMl3dFHa8wRCEVLw4G1gUPcA__LUi2X-UQ1jsVhBOV4UInqzODIyxKld2v-C8U-Cc00UCigQtCgx0ZL7A)