The Jar (Boardroom)
Taking the following actions will reset both lockup timers:
- Depositing or withdrawing PBL LP to/from the Jar
- Claiming SERENE rewards
New SERENE will be minted at the start of each epoch when the TWAP of SERENE is above 1.01 $wETH.
The amount minted will be based on the current circulating supply of SERENE. When under peg (TWAP < 1.01), no SERENE will be minted.
We have developed an unique inverse emissions curve that will counteract the traditional inflationary behavior while giving additional value to long-term holders. In this way, we will create a ramp-up in emissions from launch as opposed to the classic decreasing emissions over time.
SERENE emissions will increase over time together with the strength of our deflationary mechanisms.