Platform

Factory

• Epoch duration: 6 hours

• Deposits / Withdrawal of $SROCKET into/from the Factory will lock $SROCKET for 6 epochs and $ROCKET rewards for 3 epochs.

• $ROCKET rewards claim will lock staked $SROCKET for 6 epochs and the next $ROCKET rewards can only be claimed 3 epochs later

• Distribution of $ROCKET during Expansion

  85% as Reward for Factory $SROCKET Stakers

  10% goes to DAO fund

  5% goes to DEV fund vested over a period of 150 days.

• The DAO Funds will be used for farming and buybacks and we've embedded a tracker on our website for full disclosure.

• Epoch Expansion: Current expansion cap base on $ROCKET supply, if there are bonds to be redeemed, 65% of minted $ROCKET goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

Factory UI Available information

Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)

APR refers to the simple returns in USD value relative to the amount of $SROCKET staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:

• Price of $ROCKET

• Price of $SROCKET

• Amount of $SROCKET staked in Factory(Locked Value)

Boardroom on Contraction Periods

Factory will not mint any $ROCKET (NO REWARDS ON Factory) while TWAP < 1.01

Factory on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still Rbonds to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the RBOND Redemption. This amount is still reserved whether or not RBOND holders are redeeming bonds or not.

Once $ROCKET in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

RBOND emitted per epoch during contraction periods can be found on Regulations.

Shares

Stake your LP to earn $SROCKET tokens

Shares Pools (Shares Reward) available for 12 months:

• $ROCKET-FTM LP: 45000 Shares

• $SROCKET-FTM LP: 45001 Shares

Bonds

RBOND (bond tokens) are available for purchase when $ROCKET falls below the peg. If $ROCKET's TWAP is between 1.00 and 1.01, neither RBOND nor $SROCKET will be issued.

e.g. if $SROCKET's TWAP < 1, exchange $ROCKET for RBOND will be in a 1:1 ratio.

RBOND (bond tokens) are available for redemption when $ROCKET goes above the 1 FTM peg.

To encourage redemption of RBOND for $ROCKET when $ROCKET TWAP > 1.1 and incentivize users to redeem at a higher price, RBOND redemption will be more profitable with a higher $ROCKET TWAP value, of which RBOND to $ROCKET ratio will be 1:R, where R can be calculated in the formula as shown below:

R=1+[(ROCKET(​twapprice)−1)∗coeff)]

Where coeff = 0.7