Emissions

The weekly (epoch derived) emission rate will start at 265,000. This rate of 265,000 oSPHERE will decay at 1% per week however a reserve "max" allocation will apply, meaning if governance votes for it, this emission rate can always be topped back up to 265,000 should gSPHERE holders vote for this as a means of fighting decay.

Auction participants receive a portion of oSPHERE emissions depending on the emission rate to any particular gauge & the strike price that they execute on the auction gauge at any given time. Emissions of oSPHERE continue in perpetuity, no fixed supply;

75.47% of emissions will directly incentivise auction gauges.

18.87% of emissions will go to gSPHERE participants as a reward for active participation on chain governance, fuelling the ecosystem. 5.66% of emissions starting at 15,000 oSPHERE will go to a team controlled multi-sig every week for ongoing participation in governance, marketing reserves & for bribing gauges to support oSPHERE/S & SPHERE/S Liquidity on external DEX's.

Allocation	Ammount	Purpose
Bribes (Ecosystem Multi-sig)	5000 oSPHERE	Used for bribing gauges on external oSPHERE / SPHERE liquidity
Operations (Ecosystem Multi-sig)	5000 oSPHERE	Used as a reserve for community incentives, marketing, or team expansion incentives
Team (Team Treasury)	5000 oSPHERE	To team multi-sig wallet with the intention to burn for gSPHERE governance