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Boardroom

Stake your $USHARE to earn $UNITE at https://unitefinance.io/boardroom
Boardroom is the money printer of Unite Finance which distributes UNITE to all stakers when its above peg
As long as peg is >1.01, the boardroom prints UNITE every epoch based on the predetermined emissions rate based on the current supply. These rewards are distributed to everyone who has staked their USHARE in the boardroom.
Staking $USHAREs will give you $UNITE rewards when the price of $UNITE is above the peg (1 UNITE: 1 ONE), but not when it is under the peg.
Any interaction with the boardroom will reset both timers. That's 3 epochs (18 hours) to withdraw your $UNITE rewards, and 6 epochs to unstake your $USHARE (36 hours).
  • Epoch duration: 6 hours
  • Deposits / Withdrawal of USHARE into/from the Boardroom will lock USHARE for 6 epochs and UNITE rewards for 3 epochs.
  • UNITE rewards claim will lock staked USHARE for 6 epochs and the next UNITE rewards can only be claimed 3 epochs later
  • Distribution of UNITE during Expansion
    80% as Reward for Boardroom USHARE Stakers
    10% goes to DAO fund
    10% goes to DEV fund
  • Epoch Expansion: Current expansion cap base on UNITE supply, if there are bonds to be redeemed, 65% of minted UNITE goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

Boardroom 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 USHARE staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:
  • Price of UNITE
  • Price of USHARE
  • Amount of USHARE staked in Boardroom(Locked Value)

Boardroom on Contraction Periods

Boardroom will not mint any UNITE (NO REWARDS ON BOARDROOM) while TWAP < 1.01

Boardroom on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still UBONDs to be redeemed.
65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the UBOND Redemption. This amount is still reserved whether or not UBOND holders are redeeming bonds or not.
Once UNITE in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.
UBOND emitted per epoch during contraction periods can be found on Regulations.

Shares

Stake your LP to earn USHARE tokens
Shares Pools (Shares Reward) available for 12 months:
  • UNITE-ONE LP: 24000 Shares
  • USHARE-ONE LP: 35500 Shares