🏂
Monetary Policy
Deposit fee: 1.420% for all genesis pools, 0.420% for native LP pools (can be changed)
Start time: July 1, 8pm GMT
Genesis pool emission duration: 24 epochs (8 days)
Iron Initialization Variables:
ratio_step = 0.25% (target collateral ratio changes by 0.25% when it adjusts)
refresh_cooldown = 15 minutes (target collateral ratio checks for adjustment every 15 minutes)
price_band = 500 (target collateral ratio adjusts upward if TWAP < 0.995 peg, downward if TWAP > 1.005 peg)
target_collateral_ratio = 100% (at start)
effective_collateral_ratio = 100% (dummy value, changes to actual value)
price_target = 1e5 (0.1 USDC)
redemption_fee = 0.4%
minting_fee = 0.4%
Tomb Bond Redemption:
Redemption premium rate has linear scaling between TWAP = 1.0 peg and 1.1 peg
premiumThreshold = 110
premiumPercent = 7000
Boardroom settings:
withdrawLockupEpochs = 6
rewardLockupEpochs = 3
boardroomWithdrawFee = 2%
bootstrapEpochs = 24 (8 days)
bootstrapSupplyExpansionPercent: 1.25%/epoch
Other Treasury Variables-
seigniorageExpansionFloorPercent = 3500
maxPremiumRate = 0
maxDiscountRate = 0
maxDebtRatioPercent = 3500
allocateSeigniorageSalary = 0.2
Pool Multipliers (Subject to change)
Permanent:
Boardroom pool: stake 10SHARE, earn 10MB (no allocation points)
Stake 10MB/USDC LP, earn 10SHARE; 10SHAREallocationPoints = 5000; depositFee = 0.42%
Stake 10SHARE/USDC LP, earn 10SHARE; 10SHAREallocationPoints =3500; depositFee = 0.42%
Genesis:
Stake USDC, earn 10MB; 10MBallocationPoints = 4182; depositFee = 1.42%
Stake MMF, earn 10MB; 10MBallocationPoints = 565; depositFee = 1.42%
Stake WCRO, earn 10MB; 10MBallocationPoints = 1184; depositFee = 1.42%
Stake WETH, earn 10MB; 10MBallocationPoints = 1058; depositFee = 1.42%
Stake WBTC, earn 10MB; 10MBallocationPoints = 1352; depositFee = 1.42%
Stake wsMINO, earn 10MB; 10MBallocationPoints = 495; depositFee = 1.42%
Last modified 10mo ago