Platform

Boardroom

Epoch duration: 6hours

Deposits / Withdrawal of MSHARES into the Boardroom will lock MSHARES for 4 epochs (24hrs) and MOON rewards for 2 epochs (12hrs).

The above is the same for MOON rewards claiming, this will lock staked MSHARES for 4 epochs (24hrs) and the next MOON rewards can only be claimed after 2 epochs (12hrs).​

Distribution of MOON during Expansion

80% as Reward for MSHARESry MSHARES stakers 15% goes to DAO fund 5% goes to DEV fund

Epoch Expansion: Current expansion cap base on MOON supply, if there are bonds to be redeemed, 65% of minted MOON goes to treasury until it’s sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.​

Masonry UI Information

Next Epoch indicates a countdown timer to the next calculation of seigniorage. (Each epoch duration lasts for 6 hours)

APR refers to the simple returns in USD value relative to the amount of MSHARES staked (USD value).

Note: APR fluctuates from time to time and is dependent on certain factors such as: Price of MOON Price of MSHARES Amount of MSHARES staked in Masonry​

MSHARESry on Contraction Periods

The Masonry will not mint any MOON while TWAP < 1.01

MSHARESry on Debt Phase

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

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the MBOND Redemption. This amount is still reserved whether or not MBOND holders are redeeminMBONDs or not. Once MOON in treasury is sufficiently full to meet all circulatinMBOND redemption, expansion rates will resume to normal.

MBOND emitted per epoch during contraction periods can be found on Regulations.​

Shares

Stake your LP to earn MSHARES share tokens

Shares Pools (Shares Reward) available for 12 months:

MOON-FTM LP: 27000 Shares MSHARES-FTM LP: 28000 Shares MOON-MSHARES LP: 5000 Shares

Bonds

MBONDs are available for purchase when MOON falls below the peg. If MOON's TWAP is between 1.00 and 1.01, neither MBOND nor MOON will be issued.

e.g. if MOON's TWAP < 1, exchange MOON for MBOND will be in a 1:1 ratio.

MBOND are available for redemption when MOON goes above the 1 FTM peg.

To encourage redemption of MBOND for MOON when MOON TWAP > 1.1 and incentivize users to redeem at a higher price, MBOND redemption will be more profitable with a higher MOON TWAP value, of which MBOND to MOON ratio will be 1:R, where R can be calculated in the formula as shown below where coeff = 0.7.