Epoch duration: 6 hours Deposits / Withdrawal of BEER into the Boardroom will lock BEER for 4 epochs (24hrs) and BENDER rewards for 2 epochs (12hrs).
The above is the same for BENDER rewards claiming, this will lock staked BEER for 4 epochs (24hrs) and the next BENDER rewards can only be claimed after 2 epochs (12hrs).
90% as Reward for Boardroom BEER stakers 9% goes to DAO fund 1% goes to DEV fund Epoch Expansion: Current expansion cap base on BENDER supply, if there are bonds to be redeemed, 65% of minted BENDER goes to treasury until it’s sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.
Stake your LP to earn BEER share tokens
Shares Pools (Shares Reward) available for 180 days:
BENDER-FTM LP: 19,000 BEER-FTM LP: 14,000 BENDER: 6,500
BBOND (bond tokens) are available for purchase when BENDER falls below the 1 USDC peg. If BENDER's TWAP is between 1.00 and 1.01, neither BBOND nor BENDER will be issued.
e.g. if BENDER's TWAP < 1, exchange BENDER for BBOND will be in a 1:1 ratio.
BBOND (bond tokens) are available for redemption when BENDER goes above the 1 USDC peg.
To encourage redemption of BBOND for BENDER when BENDER TWAP > 1.1 and incentivize users to redeem at a higher price, BBOND redemption will be more profitable with a higher BENDER TWAP value, of which BBOND to BENDER ratio will be 1:R, where R can be calculated in the formula as shown below: