Reward Emissions and Bribes
The protocol launched on the 17th of August in 2023. The emission schedule started on the 17th of August.
Last updated
The protocol launched on the 17th of August in 2023. The emission schedule started on the 17th of August.
Last updated
$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.
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