The Coin Pusher
Last updated
Last updated
The Coin Pusher is a liquidity incentives programme designed to drive BRR demand, keeping it priced above backing, and reward users. BRR has been designed to not only be an index of Arcade's finest machine vaults - but also to serve as a liquidity hub between ARCADE, all machines on the platform, and the wider economy.
The Coin Pusher transforms BRR from a boring accounting unit, into bullishly liquid pseudo-stable currency and enabler of volatility farming - a crucial machine within the Arcade hall.
Users can use the Coin Pusher to get rewards from the ARCADE reward pool for providing LP to pairs such as BRR/SEI, BRR/sSEI, BRR/sFRAX, BRR/ARCADE, BRR/arcadeMachineSTETH etc. These users are then rewarded with ARCADE, in the same manner as with other Arcade Machine Vaults.
Reward allocation to each Coin Pusher pool is determined by gauges. Initially set by the protocol team, to ensure stable growth of the platform - they will be democratised for ARCADE holders.
The Reward Pool is replenished by protocol revenue, such as token taxes, vault fees and Loot Box sales - getting depleted at a fixed rate, roughly 0.158% of its balance per day.
