🪺Nest

Welcome to The Nest - the core inflation mechanism of Snake Finance.

The Nest is the core inflation mechanism of Snake.Finance—where $SNAKE tokens are minted. By staking $gSNAKE, you can earn $SNAKE during expansion epochs and actively participate in the protocol’s growth.

The Nest functions as a locked single-staking platform, where $gSNAKE holders lock their tokens to receive a share of the protocol’s expansion rewards. This mechanism not only rewards stakers but also helps stabilize the ecosystem by controlling the supply of $SNAKE.

Nest Mechanics

• Epoch Duration: 6 hours

• Deposit/Withdrawal Lock: 4 epochs after staking or withdrawing $gSNAKE

• Reward Claim Lock: 2 epochs after claiming rewards

• Claiming Rewards: Locks your staked $gSNAKE for an additional 4 epochs, with the next $SNAKE rewards available 2 epochs later

NOTE: $SNAKE rewards not claimed in the boardroom after 48 hours are BURNED as shown below

Distribution of $SNAKE

• 83% of $SNAKE rewards are given to Nest $gSNAKE Stakers

• 10% goes to the Treasury

• 4% goes to the Team

• 3% goes to the Development Fund

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Expansion Mechanism

Unlike other similar protocols, Snake.Finance’s expansion model is carefully calibrated to adapt to market conditions, ensuring sustainability and peg stability.

• Maximum Boardroom Expansion: 0.85% of the circulating supply per epoch, compared to the typical 4.5% in other protocols.

This conservative approach protects the protocol from excessive inflation while maintaining long-term growth and stability.

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Why Stake in the Nest?

• Earn $SNAKE rewards during expansion epochs

• Actively contribute to protocol stability and governance

• Align with the protocol’s long-term vision