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Mithril Cash
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Mithril Cash
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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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First expansion / contraction
Assuming MIC is priced at above (1+ε) USDT, where ε is 0.01 at launch, then expansion occurs. If MIC is priced at below (1-ε) USDT, then contraction occurs. The first measurement of pricing occurs on:
Day 6: Jan 5th UTC 02:00
Where 24 hour TWAP will be used to calculate MIC
Schedule - Previous
LP mining MIS
Next - MITH Cash V2
Premise of V2
Last modified
1yr ago
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