Based Rate
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  • Boardroom
  • Shares
  • Bonds
  1. PROTOCOL

Platform

Boardroom

Print $BRATE when TWAP is above 1.001.

Withdraw $BSHARE every 4 epochs (24 hours)

Claim Rewards in $BRATE every 3 epochs (18 hours)

Staking / Claiming resets the timer

Epoch duration: 6 hours

Shares

Stake your LP to earn $BRATE tokens

Bonds

$BBONDs are available for purchase when $BRATE falls below the peg. If $BRATE's TWAP is between 1.00 and 1.01, neither $BBOND nor $BRATE will be issued. e.g. if $BRATE's TWAP < 1, exchanged $BRATE for $BBOND will be in a 1:1 ratio. $BBOND are available for redemption when $BRATE goes above the 1:1 $ETH peg.

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Last updated 1 year ago

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