Parameters

Basics
Epoch Length: 28,800 Seconds (8 Hours)
Advance() incentive: 100 VSD
LP Lockup: 15 Epochs
Expansion and Contraction
Oracle
Price source:  Uniswap USDC/VSD, DAI/VSD, USDT/VSD
Oracle Minimum: 10,000 VSD
Method: Uniswap V2 Time Weighted Average Price (TWAP)
Pool
Initial LP pools: Uniswap USDC/VSD, DAI/VSD, USDT/VSD
Pools plan to add: Uniswap ETH/VSD, WBTC/VSD
Buy/Sell
Expansion price threshold: $1.05
Expansion target sell price: $1.05
Contraction price threshold: $0.95
Contraction target buy price: $0.95
Collateral Subsystem
Target collateral ratio: 90%
Initial collateral assets: USDC/DAI/ETH
Assets plan to add: WBTC
Redemption fee (if no debt): 5%
Coupon Subsystem
Default expiration: 15 epochs
Max debt ratio: 15%
Max coupon premium: 38%
Curve: 1(1−R)2−1\frac{1}{(1 - R)^2} - 1(1−R)21​−1
​
Governance Subsystem
Voting length: 9 epochs
Proposal expiry: 3 epochs
Proposal threshold: 0.5% of total supply of VSD
Voting quorum: 20% of total supply of VSD
Super majority: 66% of total supply of VSD
Emergency delay: 6 epochs
Collateral Redemption Fee
5% Fee (70% Core Team, 30% Community Fund)
Expansion Fee
LP DAO: 85%
Dev. fund: 10.5%
Community Fund: 4.5%
Contracts
Main: 0x05bab9017705d32a8a0bb2ec06a78fa0fa20f1a4​
Oracle: 0x7c9ab6d405e04537731efdf1ed7da613660f9880​
Dollar: 0x35de3eccaccb02e627062b5d63aa941b137288fe​
VSD-USDC Uniswap pair: 0x88c3Eb319718686675f8A6Cfdb8a6d2Cf56fbAa9
VSD-DAI Uniswap pair: 0xcff350Bbe5f9834b8BD8E45909bc03B571a46693
VSD-USDT Uniswap pair: 0x84372e2dD7C4BE8D9963Aac727f25ee66C51D623
VSD-WETH Uniswap pair: 0xe8A8f27EcEf44Ccc928a4e98226440fDA0e19Fe9

Last modified 2yr ago