Mausoleum

1.“Once SBONDS are emitted, does the Mausoleum stop printing $SPECTER until we are above peg again?”

Staking $SSHAREs will give you $SPECTER rewards when the price of $SPECTER is above the peg (1 SPECTER : 1 FTM), but not when it is under the peg.

2. “What happens if I interact with the Mausoleum in any way?”

Any interaction with the Mausoleum will reset both timers. That's 3 epochs (18 hours) to withdraw your SPECTER rewards, and 6 epochs to unstake your SSHARE (36 hours).

3. “Are the Mausoleum rewards pro-rated by time? I.e if I stake three hours before the end of an epoch vs five hours before the end of an epoch, do I get different rewards?”

No, it's determined by how much you have staked at the time of printing (i.e. end of one epoch and start of the other). It doesn't matter if you stake 3 hours before or 30 seconds before the emissions occur.

4. "If I remove my $SSHARE from Mausoleum without first collecting my $SPECTER , will it be lost forever?"

No, it will still be there to collect whenever you need.

5. "The Mausoleum APR dropped because we're in a 'debt phase.' What does this mean?"

A debt phase takes place on the expansion epochs that start after a contraction period where there are still $SBOND to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the SBOND Redemption. This amount is still reserved whether or not SBOND holders are redeeming bonds or not.

Once SPECTER in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

6. "If we're in a debt phase, how long will it last until the Mausoleum continues printing as normal?"

The debt phase will last as long as is necessary to adequately pay back outstanding $SBOND debt. Please keep in mind that the DAO will also need to collect a little extra, as there needs to be a cushion to cover the bonuses when people redeem $SBOND over peg. There's no exact way of calculating how many epochs it takes, since we don't know exactly when people will redeem their $SBOND. If the debt phase is ended too early, and then the treasury doesn't have enough $SPECTER to repay the $SBOND bonus, then the APR restriction would need to be turned back on.

7. "At the end of the epoch, the Mausoleum did not print $SPECTER, and then no $SBOND(s) were issued in the Crypt. Why?"

There is a balanced state "at peg" when $SPECTER's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation.

8. "If SPECTER continues climbing above the price of the peg, will that influence how long the debt epoch lasts?"

Depending on the price of SPECTER , the Mausoleum print will have to adjust to provide a buffer for any unclaimed SBOND. As the price of SPECTER climbs above the peg, more SPECTER needs to be distributed to the treasury to account for SBOND bonus redemption.