> For the complete documentation index, see [llms.txt](https://docs.lsdfinance.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lsdfinance.com/protocol/parameters.md).

# 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: 4**5%**
  * 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: