⚖️Expansion Rate

The rate at which LEVEL is rewarded (APR).

At the beginning of every epoch, if the time weighted average price (TWAP) of LEVEL is greater than 1.01, new LEVEL will be minted in the Masonry. The amount of new LEVEL distributed depends on the current circulating supply of LEVEL.

Expansion Rate for LEVEL Emissions

Circulating Supply of LEVEL	LEVEL Expansion Rate
Below 5k	5%
Up to 15k	3%
Up to 25k	2.75%
Up to 35k	2.5%
Up to 60k	2.25%
Up to 250k	2%
Up to 500k	1%
Up to 1,000,000	0.5%
Over 1,000,000	adjusted on contract

There will be no bootstrap (it will not be needed). Expansion will be 5% until the circulating supply of LEVEL reaches 5k. Expansion will then drop to 3% until we reach 15,000 LEVEL in circulation and so on.

LEVEL Allocations

65% Masonry Staking Rewards 10% Peg Defense 10% DAO 5% Community Fund 5% Team Allocation 3% Burn Immediately (every epoch) 2% Weekly Lottery (delivered to one liquidity provider each week)

Adjustable Rates

The expansion rates may be adjusted to reduce or increase expansion based on performance, the actual current rate can be viewed on the treasury contract here: Treasury.sol

Look under the 'maxSupplyExpansion'Percent Variable.