Boardroom

• Epoch duration: 6 hours

• Deposits / Withdrawal of $BSHARE into/from Boardroom will lock $BSHARE for 6 epochs and $BBIT rewards for 3 epochs.

• $BBIT rewards claim will lock staked $BSHARE for 6 epochs and the next $BBIT rewards can only be claimed 3 epochs later

• $BBIT rewards claim will lock staked $BSHARE for 6 epochs and the next $BBIT rewards can only be claimed 3 epochs later

• Distribution of $BBIT during Expansion

• 80% as Reward for Boardroom $BSHARE Stakers

• 18% goes to DAO fund

• 2% goes to DEV fund

• Epoch Expansion: Current expansion cap base on $BBIT supply, if there are bonds to be redeemed, 65% of minted $BBIT goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

Boardroom on Contraction Periods

Boardroom will not mint any $BBIT (NO REWARDS ON BOARDROOM) while TWAP < 1.01

Bonds

$BBOND (bond tokens) are available for purchase when 1000 $BBIT falls below the 1 $ETH peg. If BBIT's TWAP is between 1.00 and 1.01, neither BBOND nor BBIT will be issued.

$BBOND (bond tokens) are available for redemption when 1000 $BBIT goes above the 1 $ETH peg.

To encourage redemption of BBOND for BBIT when BBIT TWAP > 1.1 and incentivize users to redeem at a higher price, CBOND redemption will be more profitable with a higher CTOMB TWAP value.