Boardroom

Boardroom Information

  • Next minting indicates a countdown timer to the next epoch. (Each epoch duration lasts for x hours)

  • ​Transactions (withdrawal/deposits/reward claim) made in the Boardroom will lock:

    • $PoWT rewards for 1 epoch

    • Rewards claim will lock next $PoWT rewards and can only be claimed 1 epoch later

  • ​APR refers to the simple returns in USD value relative to the amount of PoWshare staked (USD value). The Boardroom APR fluctuates from time to time and is dependent on certain factors such as:

    • Price of $PoWshare

    • Amount of $PoWshare staked in the Boardroom

Contraction period happens when TWAP (time-weighted-average-price) of PoWT < 1.01 $EthW.

During this period, the Boardroom will not mint any $PoWT This means no rewards will be given from the Boardroom.

Debt Phase takes place on the expansion epochs that start after a contraction period where there are still PoWBonds to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the PoWBonds Redemption. This amount is still reserved whether or not PoWBonds holders are redeeming bonds or not.

Once PoWT in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

  • Current expansion cap base on $PoWT supply, if there are bonds to be redeemed, 65% of minted $PoWT goes to treasury until it's sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

  • Distribution of $PoWT during Expansion

    • 100% as reward for boardroom stake

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