$PEACE Farming

PEACE emission plan

The emission rate of PEACE is closely related to the mortgage rate of PUST assets. This rule applies to the emission plan of 29% of the total liquidity mining share (58million tokens).

When the mortgage rate of stablecoin assets in PUST decreases, the PEACE token will accelerate the emission, and when the mortgage rate increases, the PEACE token will slow down the emission. The first token PEACE has a base emission rate of 18,000,000 PEACE/year and a maximum emission rate of 27,000,000 PEACE/year. On this basis, the emission rate of PEACE will be dynamically adjusted according to the mortgage rate of PUST.

Dynamic emission rate details

The protocol sets a maximum acceleration factor of 2x for the emission of PEACE tokens. When the mortgage rate is less than 100%, the PEACE emission rate will increase. Calculated as follows:

$OR_{current} = (2-1)(1-C_r) *OR_{base} + OR_{base}$

$OR_{current}$ is the current output rate of PEACE

$OR_{base}$ is the basic output rate of PEACE

$C_r$ is the current collateral ratio

In summary, the emission rate of PEACE are as follows:

When the collateral ratio stabilizes at 90%, PEACE emission rate = 1.1 * the basic emission rate = 19,800,000 PEACE/year

When the collateral ratio stabilizes at 80%, PEACE emissionrate = 1.2 * the basic emission rate = 21,600,000 PEACE/year

When the collateral ratio stabilizes at 70%, PEACE emission rate = 1.3 * the basic emission rate = 23,400,000 PEACE/year

When the collateral ratio stabilizes at 60%, PEACE emission rate = 1.4 * the basic emission rate = 25,200,000 PEACE/year

When the collateral ratio stabilizes at 50%, the PEACE emission rate = 1.5 * the basic emission rate = 27,000,000 PEACE/year.stabilizes at 50%, the PEACE output rate = 1.5 * the basic release rate = 27,000,000 PEACE/year. ‌

Note: PUST's collateral ratio fluctuates between 50% and 100%, so the maximum emission of PEACE in the first year is 27,000,000 PEACE.

LP Farming

The liquidity providers of PEACE will be rewarded by PEACE, and the reward standard is affected by the protocol mortgage rate and LP lock-up time. As mentioned above, fluctuations in the mortgage rate will affect the PEACE emission rate, and the duration of LP lock-up will affect the player's share in the pool.

Liquidity providers of PEACE can lock up their LP tokens for a minimum of 7 days to a maximum of 365 days. Liquidity providers participating in LP lock-up will receive bonus weights. The longer the lock-up time, the higher the reward; the maximum reward will be 3 times that of non-lock-up positions. The formula for calculating the weighting standard is as follows:

$Multiple_{boosted} = 1 + \dfrac {X Days_{locked}*(3-1)}{365 Days}$

$Multiple_{boosted}$ is the magnification of time weighted reward relative to the non-lock-up

$X Days_{locked}$ is the lock-up days

The reward weighting criteria for different lock-up periods are as follows:

7-days lock-up will boost the reward to 1.0383561644 times.

30-days lock-up will boost the reward to 1.164383562 times.

90-days lock-up will boost the reward to 1.493150685 times.

180-days lock-up will boost the reward to 1.98630137 times.

270-days lock-up will boost the reward to 2.47945205 times.

365-days lock-up will boost the reward to 3 times.

Note: Liquidity providers can compute their proportion in the pool through multiplying LP tokens by the multiple boosted times.

Liquidity Farming Rewards Allocation

The liquidity mining of PEACE token has two mining pools, PEACE/PUST-LP and PUST/USDT-LP. The rules are as follows:

You can participate in liquidity mining and get PEACE token rewards by providing liquidity for PEACE and PUST.The reward ratio of PEACE/PUST-LP and PUST/USDT-LP in this mining pool is 4:6.

The mining pool supports non-lock-up or lock-up (7 days - 365 days) mining, and PEACE token rewards are distributed to different users after weighted adjustment.