Atmos positions itself as an autonomous protocol that operates automatically using the utility of AMO - Automated Market Operations. Protocol Earned Liquidity (PEL) is one of them.
Protocol Earned Liquidity Sources
There are 2 main sources of the Protocol Earned Liquidity:
Minting Fee / Harvest Penalty / Income Manager
Protocol Earned Liquidity is a source for future ATM buybacks and burns. It was created to make ATM more deflationary and designed to increase ATM value. Zaps-outs and token buybacks with further burns will be set to automatization processes after the community decision.