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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Next Step

V2 Development Bounty - Previous

Bounty Fund from MDF

Next - V2 Development Bounty

Community Developer Pull Request Process

Last updated 8 months ago