SonicSphere Official Docs
  • Welcome to SonicSphere Fund
  • Ecosystem
    • Tokenomics
    • Initial Supply
    • Token Generation Event (TGE): SonicSphere Fair Launch
    • Emissions
    • Fees & Revenue
    • Governance
    • Ecosystem Failsafe Logic
  • Features & functions
    • IBV - Intrinsic Borrowing Value in SonicSphere
    • cPoL Acquisition, Governance, Auction Gauges & Yield Harvesting.
    • Earning oSPHERE & Exercising the Option
    • Why an Options Token?
    • Why is There Benefit to Earning oSPHERE From the Ecosystem?
    • Staking SPHERE for gSPHERE
    • Leveraging gSPHERE to Borrow $S - The Game Changer
    • Process Walkthrough
    • Fund Yield Distribution
    • Bonding Curve Explained
    • Auction Gauges Explained
    • cPoL Model Explained
    • Checkmate!
    • Disclaimer
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  1. Ecosystem

Emissions

PreviousToken Generation Event (TGE): SonicSphere Fair LaunchNextFees & Revenue

Last updated 20 days ago

The weekly (epoch derived) emission rate will start at 100,000. This rate of 100,000 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 100,000, should gSPHERE holders vote for this.

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; 7.7% of emissions will go to a team controlled multisig every week for ongoing participation in governance, operations & for bribing gauges to support oSPHERE/S & SPHERE/S Liquidity on external DEX's.

15.4% of emissions will go to gSPHERE participants as a reward for active participation on chain governance, fuelling the ecosystem.

76.9% of emissions will directly incentivise auction gauges.