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 * 100or 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 * 100or 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:
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