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Mint Rush Details

Libre Mint Rush formula.
The Libre Mint Rush will be a distribution of LIBRE in exchange for contributions to the AMM liquidity pool of LIBRE / BTC. For graphs and logic please see Mint Rush.

Mint Rush Math

The Mint APY will be calculated using the following formula:
f(StakedDays)=((Alpha0+(StakedDays/365)(Beta0Alpha0)))(1+MintBonus)f(StakedDays) =((Alpha0 + √ (Staked Days/365)*(Beta0-Alpha0)))*(1 + Mint Bonus)
Alpha0 and Beta0 are defined in the Libre Core Constants.
All of the values are stored on-chain as defined in the Mint Rush Table below in the open-source Libre staking contract.

Mint Rush LP Token Repayment

Mint Rush contributors will receive staked LIBRE and also slowly be given back their share of the initial liquidity pool which includes the BTC, matching LIBRE, and any fees that have accumulated.
The rate of repayment (daily) will be calculated based on the total LP tokens that any account has using the following formula:
r=(TotalLPTokens)/(LPRepaymentLength)r = (Total LP Tokens) / (LP Repayment Length)

Mint Rush Table

Variable
Type
Value
Index
INT
Table row index
Day of Mint Rush
DATE
=Todays Date - Mint Start Date
Staked Days
INT
User Defined **Required**
Your BTC Contribution
FLOAT
=User Defined **Required**
Mint Bonus
%
=(1 - ( Day of Mint Rush / Length of Mint Rush ))
Libre Minted
FLOAT
=( Total BTC Contributed / Your BTC Contribution ) * Total Libre Minted
Mint APY
%
=((Alpha0 + sqrt(Staked Days/365)*(Beta0-Alpha0)))*(1 + Mint Bonus)
Total BTC Contributed
FLOAT
=SUM of all Bitcoin Contributed During Mint Rush
Total Libre Minted
FLOAT
=200,000,000
Mint Bonus
INT
=2x
Length of Mint Rush (Days)
INT
=30
Mint Start Date
DATE
11/15/2022
Minimum Staking Period (Days)
INT
=30
LP Repayment Length (Days)
INT
=365