Setup Parameters
(Boardroom)
- Epoch duration: 6 hours
- Treasury Phase is defined as follows:
Treasury Phase | Last Epoch TWAP |
|---|---|
Expansion | >=1.01 |
Contraction | <1.01 |
- Expansion Phase: Epoch expansion cap is based on $SWD current circulating supply, TWAP value and Ciculating supply ratio:
Epoch expansion = Circulating supply * Epoch expansion rate * Circulating Supply ratio
+ Epoch expansion rate = (TWAP value)/100
+ Circulating supply ratio:
Circulating supply | Circulating supply ratio |
|---|---|
Less than 50 | 1.0 |
50 to 200 | 0.8 |
200 to 500 | 0.6 |
Above 500 | 0.4 |
- Contraction phase: Treasury will not mint any $SWD
- Stake $SHD to earn $SWD-ETH LP CITADEL token (hereafter called CL token)
- Epoch duration: 6 hours
- 6-epoch time lock for staked fund
- 3-epoch time lock for CL reward
- Deposit/ Withdraw your fund and/or CL rewards will reset the timer.
- Allocation of CL during expansion phase:
Allocation | Percentage |
|---|---|
$SHD Stakers | 90% |
Dev fund | 10% |
Last modified 9mo ago