# CSM Minting Rate

- Lock CSM to receive a share of platform fees as stablecoin.
- Vote gauge weights.
- Vote DAO Proposals
- Boost your LP Rewards.

- CSM will be minted depends on emission formula.
- CSM's mint ratio per second '
' will be determined by the**_csmPerSecond****Goat Ratio**and the**amount of locked CSM tokens in veCSM contract**and the**CSM lock durations.**

****

$\text{Goat Ratio} = 50\ -\left(b\log\left(ax^{2}+1\right)+cx\right)$

The U-total formula as follows:

$U_{total} =
\displaystyle\sum_{i=1}^n
\frac{{User_i \medspace Locked \medspace CSM \medspace Tokens}}{{User_i \medspace CSM \medspace Lock \medspace Durations }}$

csmPerSecond formula as follows:

$\text{csmPerSecond} = \text{Goat Ratio} *U_{total}$

*Example Mint Rate calculation:*

$\text{exampleMintRatio}= GoatRatio *(\frac{user_{1}}{duration_1} + \frac{user_{2}}{duration_2} + \frac{user_{3}}{duration_3} + .... \frac{user_{n}}{duration_n})$

Goat Ratio starts from 50(%) on the first day, reduces 4(%) day-by-day until the 4th year and continues at a constant 4(%) for the years after the 4th year.

The distribution of CSM emission allocations is arranged as follows for the platform liquidity bootstrap;

Time | Base Pool | Boosted Pool |
---|---|---|

1st month | Trading fees + 50% of CSM Emission | 50% of CSM Emission |

2nd month | Trading fees + 40% of CSM Emission | 60% of CSM Emission |

3rd month | Trading fees + 30% of CSM Emission | 70% of CSM Emission |

4th month | Trading fees + 20% of CSM Emission | 80% of CSM Emission |

5th month | Trading fees + 10% of CSM Emission | 90% of CSM Emission |

6th month | Only trading fees | 100% of CSM Emission |

For the periods after the 6th month, allocations will continue as in the last situation.

Last modified 3mo ago