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 ' _csmPerSecond ' will be determined by the Goat Ratio and the amount of locked CSM tokens in veCSM contract and the CSM lock durations.
The U-total formula as follows:
csmPerSecond formula as follows:
Example Mint Rate calculation:
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