🦬BOARDROOM

The Boardroom User Interface

Let's take a look at each element of the Boardroom user interface and what it means.

  1. NEXT EPOCH The amount of time remaining until the next epoch.

  2. CURRENT EPOCH The number of the current epoch.

  3. BUL PEG (TWAP) The TWAP (time-weighted average price) of the BUL peg. The Boardroom only mints new BUL as rewards for BULSHARE stakers when this value is above 1.01 at the end of the current epoch.

  4. APR The yield for BULSHARE stakers in the Boardroom if the Boardroom was printing every epoch. This calculation is based on the last recorded print in the Boardroom.

  5. BULSHARES STAKED The total amount of BULSHARE currently staked in the Boardroom.

  6. BUL Earned The amount of BUL you've earned as rewards for staking BULSHARE in the Boardroom.

  7. BULSHARE Staked The amount of BULSHARE you currently have staked in the Boardroom.

Boardroom Specifications

  • Epoch duration: 6 hours

  • Any interaction with the Boardroom (staking/unstaking BULSHARE or withdrawing BUL rewards) will lock your staked BULSHARE for 6 epochs and BUL rewards for 3 epochs.

  • Distribution of BUL during expansion (Boardoom printing):

    60% goes to Boardroom BULSHARE stakers as rewards 20% goes to BUL stakers (xBUL)

    10% goes to DAO fund

    10% goes to Dev fund

  • Epoch Expansion: The current expansion cap is based on the currently circulating BUL supply (see BUL Distribution for details). If there are bonds to be redeemed, 65% of minted BUL goes to the treasury until it's sufficiently stocked to satisfy future bond redemption.

Note that the Boardroom does not print any rewards for BULSHARE stakers when the Boardroom TWAP < 1.01.

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