BUSS Rewards & Distribution
BUSS Token Rewards and Distribution
The BUSS Token serves as the incentive token for the BOOKUSD protocol. It is designed to enhance protocol stability by rewarding users in the stability pool.
Role of the BUSS Token:
Incentive: Distributed to reward active participants who contribute to the protocol's health and growth.
Distribution Mechanisms : BUSS tokens are distributed through the following channels: a) Stability Pool Rewards: Purpose: Incentivize users to deposit BUD into the Stability Pool, which absorbs liquidated debt. Rewards: Stability Pool participants earn BUSS tokens proportional to their BUD deposits and the length of time they remain in the pool. Benefit: Encourages consistent participation in maintaining the system’s solvency.
Reward Allocation:
The total supply of BUSS tokens is distributed over three years to ensure a sustainable reward structure. BUSS Tokenomics: Scarcity: The total supply of BUSS tokens is capped to preserve value.
Emission Schedule: Linear emissions over three years. Market Utility: BUSS can be traded, or staked Earning BUSS Tokens: a) As a Stability Pool Depositor:
Deposit BUD into the Stability Pool. Earn BUSS tokens continuously as long as funds remain in the pool.
Incentive Alignment:
The BUSS reward structure incentivizes: Stability: Rewards Stability Pool participants who actively support the protocol’s health.
Growth: Encourages adoption and usage of BUD and the broader BOOKUSD ecosystem.
Last updated