# Platform

## Oasis (Boardroom)

* Epoch duration: 8 hours
* There is a **2%** tax fee per stake. The unstake fee is **0%** during expansion, and **2%** on contraction period. These fees will be used to buy back SVN.
* Deposits / Withdrawal of MSHARE into/from Oasis will lock MSHARE for 6 epochs and SVN rewards for 3 epochs.
* SVN rewards claim will lock staked MSHARE for 6 epochs and the next SVN rewards can only be claimed 3 epochs later
* Distribution of SVN during Expansion\
  \
  ~~**45%** as Reward for MSHARE stakers~~\
  ~~**40%** goes to DAO Fund~~\
  ~~**10%** goes to DAO Insurance/Reserves~~\
  ~~**5%** goes to Team Treasury~~\
  \
  **100%** as Reward for MSHARE stakers\
  \
  Read more about MSHARE and SVN emissions (upgraded): [https://medium.com/@MMFinance/introducing-savanna-finance-tokenomics-upgrade-ee83f7d59074](https://medium.com/@MMFinance/introducing-savanna-finance-tokenomics-upgrade-ee83f7d59074)\

* MSHARE has a max supply of 100,000 and is distributed linearly across 365 days. 25% of all MSHARE is sent to the DAO fund for staking of SVN rewards to grow the DAO fund that accumulates and lock up MMF.
* Epoch Expansion: Current expansion cap base on SVN supply, if there are bonds to be redeemed, 65% of minted SVN goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

Expansion rate base on SVN supply - first 21 epoch of 8 hours each will be at **2.5% (first 7 days)**\
\
Any increment of supply by **25%** after 3,000,000 $SVN, we will decrease emission by **5%**. This is to ensure that $SVN will not be inflated and become unsustainable.

Next **Seigniorage** indicates a countdown timer to the next epoch. (Each epoch duration lasts for 8 hours) **APR** refers to the simple returns in USD value relative to the amount of MSHARE staked (USD value). _Note:_ _APR fluctuates from time to time and is dependent on certain factors such as:_

* Price of SVN&#x20;
* Price of MSHARE
* Amount of MSHARE staked in Oasis (Locked Value)

### Oasis on Contraction Periods <a href="#masonry-on-contraction-periods" id="masonry-on-contraction-periods"></a>

Oasis will **not** mint any SVN (_NO REWARDS ON OASIS_) while TWAP < 1.01

### Oasis on Debt Phase <a href="#masonry-on-debt-phase" id="masonry-on-debt-phase"></a>

Debt Phase take place on the expansion epochs that start after a contraction period where there are still MBONDS to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the MBOND Redemption. This amount is still reserved whether or not MBOND holders are redeeming bonds or not.

Once SVN in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

## Desert (Shares) <a href="#cemetery-shares" id="cemetery-shares"></a>

Stake your LP to earn MSHARE tokens

Shares Pools (Shares Reward) available for 12 months:

* SVN-MMF LP: MSHARE&#x20;
* MSHARE-MMF LP: MSHARE

## MBOND <a href="#pit-bonds" id="pit-bonds"></a>

MBOND (bond tokens) are available for purchase when SVN falls below the 1 MMF peg. If SVN 's TWAP is between 1.00 and 1.01, neither MBOND nor SVN will be issued.

e.g. if SVN 's TWAP < 1, exchange SVN for MBOND will be in a 1:1 ratio.

MBOND (bond tokens) are available for redemption when SVN goes above the 1 MMF peg.

To encourage redemption of MBOND for SVN when SVN TWAP > 1.1 and incentivize users to redeem at a higher price, MBOND redemption will be more profitable with a higher SVN TWAP value, of which MBOND to SVN ratio will be 1:R, where R can be calculated in the formula as shown below:

R=1+\[(SVN(​twapprice)−1)∗coeff)]

Where coeff = 0.7\
\
Where coeff = 0.7\
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To further illustrate why the longer you hold $MBOND the more profitable it is, let's take an initial $1000 investment into consideration. In this example, say this $1000 is used to buy $SVN when $SVN TWAP is 0.95 and then swapped for $MBOND.\
\
If these $MBOND are redeemed when:\
-$SVN TWAP is 1.5, your investment would now be worth $1421.\
-$SVN TWAP is 2, your investment would now be worth $1789.\
-$SVN TWAP is 3, your investment would now be worth $2526.\
-$SVN TWAP is 5, your investment would now be worth $4000.
