BOARDROOM

BOARDROOM

Epoch duration: 6 hours You can Deposits / Withdrawal of $ASHARE into the Boardroom, which will lock $ASHARE for 4 epochs (24hrs) and ANT rewards for 2 epochs (12hrs).

BOARDROOM 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 ASHARE staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as: Price of ANT Price of ASHARE Amount of ASHARE staked in Boardroom(Locked Value)

BOARDROOM CONTRACTION PERIODS

Boardroom will not mint any ANT (NO REWARDS ON BOARDROOM) while TWAP < 1.01

Distribution of $ANT during Expansion

80% as Reward for ANTHILL for $ANT stakers 15% goes to DAO fund 5% goes to DEV fund Epoch Expansion: Current expansion cap base on ANT supply, if there are bonds to be redeemed, 65% of minted ANT goes to treasury until it’s sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.

BOARDROOM DEBT

Debt Phase take place on the expansion epochs that start after a contraction period where there are still abonds to be redeemed. 65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the ABOND Redemption. This amount is still reserved whether or not ABOND holders are redeeming bonds or not. Once ANT in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal. ABOND emitted per epoch during contraction periods can be found on Regulations.

Stake your LP to earn ASHARE tokens Shares Pools (Shares Reward) available for 12 months: ANT-ETH LP: 35500 Shares ASHARE-WMATIC LP: 23800 Shares

BONDS

ABOND (bond tokens) are available for purchase when ANT falls below the peg. If ANT's TWAP is between 1.00 and 1.01, neither ABOND nor ANT will be issued. e.g. if ANT's TWAP < 1, exchange ANT for ABOND will be in a 1:1 ratio. ABOND (bond tokens) are available for redemption when ANT goes above the 1 ETH peg. To encourage redemption of ABOND for ANT when ANT TWAP > 1.1 and incentives users to redeem at a higher price, ABOND redemption will be more profitable with a higher ANT TWAP value, of which ABOND to ANT ratio will be 1:R, where R can be calculated in the formula as shown below: R=1+[(ANT(​twapprice)−1)∗coeff)] Where coeff = 0.7