Platform

Boardroom

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

Distribution of Peg Tokens During Expansion

75% as Reward for FRZN Boardroom 15% goes to DAO fund 10% goes to DEV fund Epoch Expansion: Current expansion cap base on AVAXF supply, if there are bonds to be redeemed, 65% of minted AVAXF goes to treasury until it’s sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.

Boardroom 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 FRZN staked (USD value).

Note: APR fluctuates from time to time and is dependent on certain factors such as: Price of Peg Tokens Price of FRZN Amount of FRZN staked in Boardroom

Boardroom on Contraction Periods

The Boardroom will not mint any peg tokens while TWAP < 1.01

Boardroom on Debt Phase

Debt Phase takes place on the expansion epochs that start after a contraction period where there are still bonds to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the Bond Redemption. This amount is still reserved whether or not bond holders are redeeming bonds or not. Once the pegged token in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

Bonds emitted per epoch during contraction periods can be found on Regulations.

Shares

Stake your LP to earn FRZN shares.

Shares Pools (Shares Reward) available for 12 months:

AVAXF/AVAX LP: 28,000 Shares FRZN/AVAX LP: 10,000 Shares More pools will continue to be added to diversify earning opportunities.

Bonds

bAVAXF are available for purchase when AVAXF falls below the peg. If AVAXF's TWAP is between 1.00 and 1.01, neither bAVAXF nor AVAXF will be issued.

e.g. if AVAXF's TWAP < 1, exchange AVAXF for bAVAXF will be in a 1:1 ratio.

bAVAXF are available for redemption when AVAXF goes above the 1:1 AVAX peg.

To encourage redemption of bAVAXF for AVAXF when AVAXF TWAP > 1.1 and incentivize users to redeem at a higher price, bAVAXF redemption will be more profitable with a higher AVAXF TWAP value, of which bAVAXF to AVAXF ratio will be 1:R, where R can be calculated in the formula as shown below where coeff = 0.7. R=1+[(AVAXF(​twapprice)−1)∗coeff)]

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