Reward Emissions and Bribes

The protocol launched on the 17th of August in 2023. The emission schedule started on the 17th of August.

• $MENDI will be rewarded to users who lend/borrow tokens in the protocol. Emissions will take place for 3 years.

• $MENDI reward emissions will decrease over time.

• For liquidity, Mendi Finance will be bribing Lynex on a weekly basis. Instead of giving tokens freely to liquidity providers, Mendi Finance chose this way. Earned oLYNX will be distributed to $MENDI stakers.

• For the first month, $MENDI supply emissions rate will be equal to the borrow emissions rate. After the first month, it will be 10-70-20% Supply-Borrow-Bribe. The rates can be adjusted via governance to keep up with the market.

Emission Schedule

Interval	DAYS	Emission/ month	Emission/ day	Bribes/ day	Lending/ day	Borrow/ day
1	30	4661745	155391	31078	62156	62156
2	30	4574609	152486	30497	15248	106740
3	30	4400338	146677	29335	14667	102674
4	30	4051797	135059	27011	13505	94541
5	30	3543507	118116	23623	11811	82681
6	30	2977126	99237	19847	9923	69466
7	30	2541449	84714	16942	8471	59300
8	30	2265520	75517	15103	7551	52862
9	30	2091250	69708	13941	6970	48795
10	30	1960547	65351	13070	6535	45746
11	30	1873411	62447	12489	6244	43712
12	30	1786276	59542	11908	5954	41679
13	30	1699140	56638	11327	5663	39646
14	30	1612005	53733	10746	5373	37613
15	30	1524869	50828	10165	5082	35580
16	30	1437734	47924	9584	4792	33547
17	30	1365121	45504	9100	4550	31852
18	30	1277986	42599	8519	4259	29819
19	30	1205373	40179	8035	4017	28125
20	30	1132760	37758	7551	3775	26431
21	30	1074670	35822	7164	3582	25075
22	30	1002057	33401	6680	3340	23381
23	30	943967	31465	6293	3146	22025
24	30	885876	29529	5905	2952	20670
25	30	842309	28076	5615	2807	19653
26	30	798741	26624	5324	2662	18637
27	30	755173	25172	5034	2517	17620
28	30	711605	23720	4744	2372	16604
29	30	682560	22752	4550	2275	15926
30	30	653515	21783	4356	2178	15248
31	30	624470	20815	4163	2081	14570
32	30	595425	19847	3969	1984	13893
33	30	580902	19363	3872	1936	13554
34	30	551857	18395	3679	1839	12876
35	30	537335	17911	3582	1791	12537
36	30	522812	17427	3485	1742	12198
37	15	254144	16942	3388	1694	11860