Platform

Mausoleum

• Epoch duration: 6 hours

• Deposits / Withdrawal of SSHARE into/from Mausoleum will lock SSHARE for 6 epochs and SPECTER rewards for 3 epochs.

• SPECTER rewards claim will lock staked SSHARE for 6 epochs and the next SPECTER rewards can only be claimed 3 epochs later

• Distribution of SPECTER during Expansion

  80% as Reward for Boardroom SSHARE Stakers 15% goes to DAO fund

  5% goes to DEV fund

• Epoch Expansion: Current expansion cap base on SPECTER supply, if there are bonds to be redeemed, 65% of minted SPECTER goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

Mausoleum UI Available information

Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)

APR refers to the simple returns in USD value relative to the amount of SSHARE staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:

• Price of SPECTER

• Price of SSHARE

• Amount of SSHARE staked in Mausoleum (Locked Value)

Mausoleum on Contraction Periods

Mausoleum will not mint any SPECTER (NO REWARDS ON Mausoleum) while TWAP < 1.01

Mausoleum on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still SBONDs 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.

SBOND emitted per epoch during contraction periods can be found on Regulations.

Sepulcher

Stake your LP to earn SSHARE tokens

Shares Pools (Shares Reward) available for 12 months:

• SPECTER-FTM LP: 35000 Shares

• SSHARE-FTM LP: 35000 Shares

Crypt

SBOND (bond tokens) are available for purchase when SPECTER falls below the 1 FTM peg. If SPECTER's TWAP is between 1.00 and 1.01, neither SBOND nor SPECTER will be issued.

e.g. if SPECTER's TWAP < 1, exchange SPECTER for SBOND will be in a 1:1 ratio.

SBOND (bond tokens) are available for redemption when SPECTER goes above the 1 FTM peg.

To encourage redemption of SBOND for SPECTER when SPECTER TWAP > 1.1 and incentivize users to redeem at a higher price, SBOND redemption will be more profitable with a higher SPECTER TWAP value, of which SBOND to SPECTER ratio will be 1:R, where R can be calculated in the formula as shown below:

R=1+[(SPECTER(​twapprice)−1)∗coeff)]

Where coeff = 0.7