LR Protocol
Last updated
Last updated
The Liquid Reward Protocol defines the amount of SOF tokens that will be added to each Epoch. Each year there are 12 Epochs.
All HBAR will be staked to different nodes on the Hedera POS network. Staking rewards are going to the LR Pool.
During the release of the first badge, 50% of the staking rewards are used as liquidity for the SOF pairs on the DEX. The remaining 50% is used to start building the LR Pool for the staking program in the SOF Dapp.
When the is releasing the 2nd badge, 100% of the native staking rewards will go to the LR Pool. As from then, the DRIP Fund rewards will be used to provide liquidity for the pairs on the DEX.
When the staking reward program is live, the protocol will release each Epoch SOF tokens from the LR Pool as staking rewards to the SOF holders according to the SOF(LR) emission rate/ Epoch.
The formula during the release of badge 1
The formula during the release of badge 2>...
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