Minting Rewards

To keep the RADIO token scarce, the new token mint rate will be carefully planned and implemented (details will be announced). The majority of newly minted tokens will go to stakers.
New tokens (as well as incentive tokens in the initial mint) are used for 3 purposes:
1) To reward stakers: RADIO stakers are the most important users in the RadioShack ecosystem and therefore, are rewarded handsomely by receiving the largest portion of new tokens minted.
2) To reward liquidity providers:  In the early stages of the protocol, while we continue to build long-term liquidity, we will need to boost certain pools in the short term by minting and rewarding new tokens. However, we expect this allocation to shrink over time as permanent liquidity is built in the most important liquidity pairs.
3) To reward partners: As Atlas USV (and potentially other partner protocols) purchases long-term LP tokens to help RadioShack build its deep liquidity pools, RadioShack in return mints new tokens and sells some to buy the partner's token (purchase will be made by RadioShack PODL and belongs to the protocol). The purchased partner tokens are paired with RADIO tokens to create LP tokens (which remain in possession of RadioShack PODL). This is a win-win scenario because:
From RadioShack's perspective: Atlas USV continues to build long-term liquidity for RadioShack, reducing slippage and increasing RadioShack Gas Fee revenue. In addition, RadioShack is accumulating USV tokens which adds assets to RadioShack PODL while increasing liquidity and therefore, additional swap fees for RADIO stakers.
From an Atlas USV perspective: Atlas USV continues to accumulate various LP tokens in its treasury, earning swap fees. In addition, RadioShack continuously purchases USV creating an upward buy pressure while simultaneously increasing the liquidity for USV.

Tokenomics - Previous

RadioShack Gas Fee (RADIO Token's Secondary Utility)

Community

Last modified 2d ago

Copy link