Parameters

Basics

• Cycle Length: 28,800 Seconds (8 Hours)

• Advance() incentive: 100 LSD

• DAO Lockup: 42 Cycle

• LP Lockup: 9 Cycles

Supply Mechanics

Oracle

• Source: Pancakeswap BUSD/LSD pair

• Method: Pancakeswap V2 Time Weighted Average Price (TWAP)

• Oracle Minimum: 10,000 BUSD

• Period: 1 Cycle (8 Hours)

Supply/Debt Expansion

TWAP above 1 BUSD (First Positive Rebase, previous cycles was negative Rebase)

• Maximum Supply Expansion: 10%

• Supply Expansion will cover the tickets sold first

• Expansion Percentage: twapPrice - 1 * 100 or 10% (whichever is lower)

• Expansion Distribution:

  • DAO: 25%

  • Pancakeswap LSD/BUSD LPs: 22%

  • Treasury: 3%

  • Pot Size: 50%

TWAP above 1 BUSD (Previous Rebase is also Positive)

• Maximum Supply Expansion: 10%

• Supply Expansion will cover the tickets sold first

• Expansion Percentage: twapPrice - 1 * 100 or 10% (whichever is lower)

• Expansion Distribution:

  • DAO: 45%

  • Pancakeswap LSD/BUSD LPs: 45%

  • Treasury: 3%

  • Bonus Pot : 7%

TWAP below 1 BUSD but greater than 0.5 BUSD

• Ticket Supply Sale: None

• Ticket Price: 1LSD = 1 Ticket

• Expansion Distribution:

  • DAO: 0%

  • Redeemable: 0%

  • Pancakeswap LSD/BUSD LPs: 0%

  • Treasury: 0%

• Ticket validatity: 1 use

• Ticket date: first positive rebase

Lottery

• Lottery Prize: 50% of the expansion + Bonus pots accrued in previous cycles

Governance

Protocol Governance

• Platform: LSD DAO

• On-Chain: Yes

• Voting Length: 9 Cycles

• Proposal expiry: 3 Cycles (If not committed after successful vote)

• Proposal Threshold: 0.5% of LSD bonded in the DAO

• Voting Quorum: 20%

• Super Majority: 66%

• Emergency Delay: 6 Cycles

Treasury Governance

• Platform: Snapshot Page

• On-Chain: No

• Voting Period: ~3 Days (Not enforced)

• Proposal Threshold: 100,000 LSD bonded in the DAO or LP

• Voting Quorum: None

Contracts#

LSD Token#

• Address:

• Symbol: LSD

• Decimals: 18

• Standard: BSC-20

LSD DAO#

• Address:

• Symbol: LSDS

• Standard: None, it's an internal state.

Treasury#

• Address:

• Type: Gnosis Safe (Multi-signature)

• Signers:

• Threshold:

Pancakeswap LSD/BUSD Pair#

• Address:

LSD/BUSD Rewards#

• Address: