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  1. Technical Details

Libre Core Constants

These constants are hard-coded in the smart contract.

PreviousDecember 2022NextMint Rush Details

Last updated 2 years ago

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The following constants will be hard-coded into the LIBRE token contracts and cannot be changed without a hard-fork of the code.

This math is implemented in the .

Constants
Value
Description

Alpha0

10%

minimum yield

Beta0

200%

maximum yield

AlphaT

6%

terminal min yield

BetaT

30%

terminal max yield

T

730

days to terminal yield

D

30

days in mint rush

B

100%

bonus for day0 mint rush

REF

10%

Staking referral bonus

DAO

10%

DAO mint percentage

L

2022-07-04

Launch Date

These core constants define in an immutable way the core gamification incentives of the Libre blockchain. Specifically, the staking returns depend quadratically (square root of time) on the staking period, and also quadratically decay from an initial min and max rates to a terminal rate over a 730 day period. Staking Details

There is also a bonus staking amount for staking during the first day of the mint rush, which decays linearly over the days of the mint rush. Mint Rush Details

open-source Libre staking contract