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Published 20 hours ago • verified publisher icon sora-xor

[ON HOLD] [Tech]: XST Seigneurage

Open Tieumsan opened this issue 2 years ago • 1 comments

Problem statement

We need to implement the XST token and tokenomics.

When minting new XST, 1% of the total XST minted should be minted in surplus, and distributed proportionally to all XOR-XST liquidity providers that stake on Demeter Farm.

Address to which all the additionally minted XST should be sent: cnTxmnXArAiqtFrM1xh9qSF6dGNiiWigmikr118ikRUnrFAoZ

This means that when minting new XST, a portion of XST should be minted additionally to ensure XST-XOR liquidity providers don't get diluted. This additional XST minted should also be sent to the Demeter farming account. XST-XOR LPs will get the rewards from the additional mint by staking their liquidity on the XST-XOR pool.

Description

The XST token is the new platform for the synthetic assets on SORA.

Definition of Done

Requirements

Source: https://medium.com/sora-xor/xst-a-platform-for-synthetic-assets-on-sora-b45ca526d8d5

  • [ ] Additional mint logic

  • [ ] Tests

Tieumsan avatar Oct 25 '22 11:10 Tieumsan