Platform

Artillery (Boardroom)

Epoch duration: 6 hours Deposits / Withdrawal of TANK into the Boardroom will lock TANK for 4 epochs (24hrs) and GUN rewards for 2 epochs (12hrs).The above is the same for GUN rewards claiming, this will lock staked TANK for 4 epochs (24hrs) and the next GUN rewards can only be claimed after 2 epochs (12hrs).​

Distribution of GUN during Expansion

80% as Reward for Artillery TANK stakers 10% goes to DAO fund 10% goes to DEV fund Epoch Expansion: Current expansion cap base on GUN supply, if there are bonds to be redeemed, 65% of minted GUN goes to treasury until it’s sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.​

Artillery UI Information

Next Epoch indicates a countdown timer to the next calculation of seigniorage. (Each epoch duration lasts for 6 hours)APR refers to the simple returns in USD value relative to the amount of TANK staked (USD value).Note: APR fluctuates from time to time and is dependent on certain factors such as: Price of GUN Price of TANK Amount of TANK staked in Artillery​

Artillery on Contraction Periods

The Artillery will not mint any GUN while TWAP < 1.01

Artillery on Debt Phase

Debt Phase takes place on the expansion epochs that start after a contraction period where there are still NUKEs to be redeemed.65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the NUKE Redemption. This amount is still reserved whether or not NUKE holders are redeeming bonds or not. Once GUN in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal. NUKE emitted per epoch during contraction periods can be found on Regulations.​

Shares

Stake your LP to earn TANK share tokensShares Pools (Shares Reward) available for 12 months: GUN-MIM LP: 18000 Shares GUN-MIM LP: 17000 Shares GUN-TANK LP 6000 Shares

Bonds

NUKEs are available for purchase when GUN falls below the peg. If GUN's TWAP is between 1.00 and 1.01, neither NUKE nor GUN will be issued. e.g. if GUN's TWAP < 1, exchange GUN for NUKE will be in a 1:1 ratio. NUKE are available for redemption when GUN goes above the 1 MIM peg. To encourage redemption of NUKE for GUN when GUN TWAP > 1.1 and incentivize users to redeem at a higher price, NUKE redemption will be more profitable with a higher GUN TWAP value, of which NUKE to GUN ratio will be 1:R, where R can be calculated in the formula as shown below where coeff = 0.7.

R=1+[(GUN(​twapprice)−1)∗coeff)]R=1+[(GUN(​twapprice)−1)∗coeff)]