Platform
Last updated
Last updated
Epoch duration: 6 Hours
Deposits / Withdrawal of $SHIELD into/from Aegis will lock $SHIELD for 4 epochs and $GUARD rewards for 2 epochs.
$GUARD rewards claim will lock staked $SHIELD for 4 epochs and the next $GUARD rewards can only be claimed 2 epochs later
Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)
APR refers to the simple returns in USD value relative to the amount of $SHIELD staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:
Price of $GUARD
Price of $SHIELD
Amount of $SHIELD staked in Aegis(Locked Value)
Aegis will not mint any $GUARD (NO REWARDS ON AEGIS) while TWAP < 1.01
Debt Phase take place on the expansion epochs that start after a contraction period where there are still GBONDs to be redeemed.
65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the GBOND Redemption. This amount is still reserved whether or not GBOND holders are redeeming bonds or not.
Once $GUARD in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.
GBOND emitted per epoch during contraction periods can be found in Bond segment.
Stake your LP to earn $SHIELD tokens
Shares Pools (Shares Reward) available for 6 months.
$GUARD-FTM LP: 35500 $SHIELD
$SHIELD-FTM LP: 29500 $SHIELD
Total Supply of 65000 $SHIELD to be distributed at the Fortress.
GBOND (bond tokens) are available for purchase when $GUARD falls below the 1 TOMB peg. If $GUARD TWAP is between 1.00 and 1.01, neither GBOND nor $GUARD will be issued.
e.g. if $GUARD TWAP < 1, exchange $GUARD for GBOND will be in a 1:1 ratio.
GBOND (bond tokens) are available for redemption when $GUARD goes above the 1 FTM peg.
To encourage redemption of GBOND for $GUARD when $GUARD TWAP > 1.1 and incentivize users to redeem at a higher price, GBOND redemption will be more profitable with a higher $GUARD TWAP value, of which GBOND to $GUARD ratio will be 1:R, where R can be calculated in the formula as shown below:
R=1+[(GUARDIAN(TWAP)−1)∗coeff)]
Where coeff = 0.7