๐ฅMaking BRR Go Up : Creating Demand
To maintain BRR at a premium, we introduce a wide range of incentive schemes and added utility to empower BRR holders
Coin Pusher Incentives
We see $BRR as a hub of liquidity between the various ArcadeMachineVault tokens, and in the long term, as a liquidity hub for the wider ecosystem - reflexive to market conditions. In order to grow and sustain $BRR liquidity, we offer Coin Pusher Incentives, farming rewards issued across approved $BRR derivative products (such as lending pools and DEX pairs), on a pro rata basis - to create a uniform yield boost. We use a drip based approach, with the Coin Pusher Pool being initially filled with 60% of $ARCADE supply, and topped up with 50% protocol revenue - releasing roughly 0.158% of its balance per day.
Future Rolling Release Features (by v2 or Earlier)
We will release more information about these features closer to their launch.
ARCADE Bonds:
Create demand for BRR by allowing users to buy ARCADE at a discount using BRR.
BRR Savings Rate:
Similar to the Dai Savings Rate, introduce a staking mechanism to give interest to holders during sell pressure or when BRR is below its target price.
BRR Credit Facility:
Enable BRR holders to borrow underlying backing for fixed terms without liquidation risk.
BRR Buybacks:
In case of major price upsets, sell ARCADE to acquire BRR and increase ARCADE backing.
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