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description: ABADDON
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# Platform

### ABADDON <a href="#brewery" id="brewery"></a>

* 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 <a href="#brewery-ui-available-information" id="brewery-ui-available-information"></a>

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 <a href="#brewery-on-contraction-periods" id="brewery-on-contraction-periods"></a>

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 <a href="#barrel-bonds" id="barrel-bonds"></a>

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)]
