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Mithril Cash
  • Home
  • How Does Mithril Cash Work
  • Components
    • Tokens
    • Cash Pools
  • Mechanisms
    • Stabilization Mechanism
    • Genesis - Launch Strategy
  • Schedule
    • Stables + Community Mining MIC
    • LP mining MIS
    • First expansion / contraction
  • MITH Cash V2
    • Premise of V2
    • V2 Upgrades at a Glance
    • MIC Upgrades: Stableswap
    • MIC Upgrades: Rebase
    • MIC Upgrades: Direct Migration of MIC-USDT LP with Rewards
    • MIC Upgrades: Value Reallocation
    • MIC Upgrades: Value Reallocation Speed of Distribution
    • MIS Upgrades: Reduction in MIS supply to 500K and Reduction of Emissions by 77%
    • MIB Redemption to MIC V2: 1 to 1, subject to Ecosystem Stability + Phase out of MIB
    • Staggered Withdrawal of Boardroom Rewards
    • Timeweighted Boardroom Rewards
    • Timelock Reduction to 24 hours + Display of Timelock Queue
  • Contract Details
    • Contract Addresses + Information (as of launch)
    • Audit
  • V2 Development Bounty
    • MITH Cash V2 Development Bounty
    • Developed by the Community
    • V2 Bounty Overview: 2 Weeks of Full Press
    • V2 Bounty Roles
    • Bounty Process
    • Bounty Process (2)
    • Bounty Fund from MDF
    • Next Step
    • Community Developer Pull Request Process
  • Misc.
    • Proof of Admin Key Burn
    • FAQ [EN]
    • FAQ [CN]
    • FAQ [KR]
    • FAQ [ES]
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  1. MITH Cash V2

Timeweighted Boardroom Rewards

All MIS staked into boardroom is subject to a timer, MIS staked earlier are worth more than MIS staked later, and will receive more rewards when the time comes.

Timeweighted distribution is pro-rata according to time staked in boardroom during specific epoch, represented by total staked MIS balance, and effective staked MIS balance

Assuming deployment is imminent, every MIS stake right this moment will receive a significant portion of upcoming seigniorages and given we have allowed for seigniorages to the boardroom to occur in both expansion and contraction phases, this makes staking MIS early extremely valuable.

PreviousStaggered Withdrawal of Boardroom RewardsNextTimelock Reduction to 24 hours + Display of Timelock Queue

Last updated 4 years ago

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