🔹Boardroom -Stake bSHARE for ETH rewards
Introduction to the New Boardroom Model: In our innovative approach, we're shifting from traditional token payouts to distributing Ethereum (ETH) rewards directly in our boardroom.
Staking for ETH Rewards: Upon staking your tokens, participants will receive ETH rewards every epoch. An epoch spans 24 hours, allowing for regular payouts.
Initial 24-Hour Lockup Period: To ensure fairness and stability, there will be a lockup period during the first 24 hours of each epoch. Participants will not be able to claim rewards during this initial phase.
Evolving the Game: By introducing ETH rewards and adjusting the payout mechanism, we're evolving the dynamics of our boardroom model. This change aims to enhance participation and align incentives among stakeholders.
Sources of ETH Rewards: ETH rewards will be sourced from various streams, including taxes (5%), volume fees, minting, and v3 Rehypothecation. This diverse pool ensures a sustainable and robust reward system.
Benefits of Ethereum Rewards: Distributing rewards in ETH offers several advantages, including liquidity, interoperability, and broader utility within the cryptocurrency ecosystem.
Community Feedback and Iteration: As we roll out this new boardroom model, we welcome feedback from our community. Continuous iteration based on user insights will drive further enhancements and optimizations.
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