Platform

ABADDON

ABADDON

• Epoch duration: 6 hours

• Deposits / Withdrawal of $DFTM into/from ABADDON will lock DOOM for 6 epochs and $DFTM rewards for 3 epochs.

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

• Distribution of $DFTM during Expansion 80% as Reward for $DOOM stakers. 18% goes to DAO fund 2% goes to DEV fund

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

ABADDON UI Available information

Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours) APR refers to the simple returns in USD value relative to the amount of $DOOM staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:

• Price of $DFTM

• Price of $DOOM

• Amount of $DOOM staked in ABADDON (Locked Value)

ABADDON on Contraction Periods

ABADDON will not mint any $DFTM (NO REWARDS ON ABADDON) while TWAP < 1.02.

ABADDON on Debt Phase

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

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the $DOOM's redemption. This amount is still reserved if whether $BFTMs holders redeem or not .

Once $DFTM in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

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

Stake your LP to earn $DOOM tokens

Shares

Shares Pools (Shares Reward) available for 3 months:

• DFTM-FTM LP: 33660 Shares

• DOOM-FTM LP: 22440 Shares

Bonds

BFTM (bond tokens) are available for purchase when DFTM falls below the 1 FTM peg. .

If DFTM's TWAP is between 1.00 and 1.01, neither BFTM nor DFTM will be issued.

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

BFTM (bond tokens) are available for redemption when DFTM goes above the 1 FTM peg.

To encourage redemption of BFTM for DFTM when DFTM's TWAP > 1.1 and incentivize users to redeem at a higher price, BFTM redemption will be more profitable with a higher $DFTM TWAP value, of which BFTM to DFTM ratio will be 1:R, where R can be calculated in the formula as shown below where coeff = 0.7:

R=1+[(DFTM(twapprice)−1)∗coeff)]