Stables + Community Mining MIC - Mithril Cash

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How Does Mithril Cash Work

Components

Mechanisms

Stabilization Mechanism

Genesis - Launch Strategy

Schedule

Stables + Community Mining MIC

First expansion / contraction

MITH Cash 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)

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 (2)

Bounty Fund from MDF

Community Developer Pull Request Process

Misc.

Proof of Admin Key Burn

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Stables + Community Mining MIC

5 days, 160,000 MIC, 16 pools. Including $MITH, $YFI, $USDT etc.

Stables + Community Mining MIC:

Launch: Dec 30 UTC 02:00
End: Jan 4 UTC 01:59
160,000 MIC will be distributed across 16 pools (10,000 per pool), across 5 days (2,000 MIC per pool per day). 
Stake the following 16 tokens to earn:
Stablecoins: DAI, USDT, USDC, BUSD, sUSD, ESD, BAC, FRAX
Communities: MITH, YFI, SUSHI, CREAM, COMP, AAVE, CRV, LINK
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Genesis - Launch Strategy

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