Platform
Bath House
OWL-MOVR LP, OSHARE-MOVR LP, OWL-OSHARE LP, and OWL can be stake here to earn OSHARES. Rewards are available for 12 months, divided between pools.
Senate
Deposits / Withdrawal of OSHARE into/from Senate will lock OSHARE for 6 epochs and OWL rewards for 3 epochs.
OWL rewards claim will lock staked OSHARE for 6 epochs and the next OWL rewards can only be claimed 3 epochs later
Distribution of OWL during Expansion
80% as rewards for Senate OSHARE stakers
18% goes to Community Fund
2% goes to Dev Fund
Epoch Expansion: Current expansion cap is based on OWL supply. If there are bonds to be redeemed, 65% of minted OWL goes to treasury until it's sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.
Read more information about the Senate here, including a full explanation of locking times:
SenateSenate UI Available information
Next Epoch is a countdown timer to the next epoch. Each epoch duration lasts for 6 hours. At the end of an epoch anyone may call the Treasury contract's Allocate Seigniorage function which uses the current OWL supply and TWAP to calculate Senate reward distributions.
Current Epoch is a count of Epochs that have passed.
TWAP is the current price of OWL versus MOVR as determined by the Oracle contracts. This determines whether the Senate is in an Expansion or Contraction phase.
APR refers to the simple returns, in USD value, relative to the amount of OSHARE staked. Dividing by 365 will give the daily APR.
OSHARE Staked is the amount of OSHARE currently staked in the Senate.
Treasury
The Treasury page is where OBOND (bond tokens) may be bought and redeemed.
OBOND are available for purchase when OWL falls below the 1 MOVR peg.
If OWL'S TWAP is between 1.00 and 1.01, neither OBOND nor OWL will be issued.
OBOND are available for redemption when OWL goes above the 1 MOVR peg.
Read more information about Bonds and their mechanism here:
Bonds MechanismLast updated