- Epoch duration: 6 Hours
- Deposits / Withdrawal of BSHARE into/from Acropolis will lock BSHARE for 4 epochs and BASED rewards for 2 epochs.
- BASED rewards claim will lock staked BSHARE for 4 epochs and the next BASED rewards can only be claimed 2 epochs later
Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)
APR refers to the simple returns in USD value relative to the amount of BSHARE staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:
- Price of BASED
- Price of BSHARE
- Amount of BSHARE staked in Acropolis (Locked Value)
Acropolis will not mint any BASED (NO REWARDS ON ACROPOLIS) while TWAP is below 1.01
Debt Phase take place on the expansion epochs that start after a contraction period where there are still BBONDs to be redeemed.
65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the BBOND Redemption. This amount is still reserved whether or not BBOND holders are redeeming bonds or not.
Once BASED in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.
BBOND emitted per epoch during contraction periods can be found in Parthenon.
Stake your LP to earn BSHARE tokens
Shares Pools (Shares Reward) available for 5.5 months.
- BASED-TOMB LP: 20000 BSHARE
- BSHARE-FTM LP: 21700 BSHARE
- CURVE GEIST: 1100 BSHARE
- TRI-CRYPTO: 900 BSHARE
- BASED-BSHARE: 2500
- Team Allocation: 4500 BSHARE
- Max Supply: 50000 BSHARE
BBOND (bond tokens) are available for purchase when BASED falls below the 1 TOMB peg. If BASED TWAP is between 1.00 and 1.01, neither BBOND nor BASED will be issued.
e.g. if BASED TWAP < 1, exchange BASED for BBOND will be in a 1:1 ratio.
BBOND (bond tokens) are available for redemption when BASED goes above the 1 TOMB peg.
To encourage redemption of BBOND for BASED when BASED TWAP > 1.1 and incentivize users to redeem at a higher price, BBOND redemption will be more profitable with a higher BASED TWAP value, of which BBOND to BASED ratio will be 1:R, where R can be calculated in the formula as shown below:
Where coeff = 0.7