Snake Finance Docs
  • ๐Ÿ™‹Introductions & FAQs
    • ๐Ÿ‘‹Welcome
      • ๐ŸคIntroduction
      • โ•Disclaimer
      • โ‰๏ธGeneral FAQs
  • protocol
    • ๐ŸŒฒGenesis pools
    • ๐Ÿง‘โ€๐ŸŒพForest Farms
      • How to use the Forest?
      • โš–๏ธSNAKE/S [STABLE]
      • โš–๏ธgSNAKE/S [VOLATILE]
    • ๐ŸชบNest
      • How to use the Nest?
    • โšกZapper
    • โœ”๏ธRedeeming
    • ๐Ÿ’ฑTrade
    • ๐Ÿ…Tokens
  • ๐Ÿง Unique Features
    • ๐Ÿ“‘Overview
    • โš–๏ธPeg Stability Module (PSM)
    • ๐ŸคนDynamic Nest Emissions (DNE)
    • ๐Ÿ’นLP Assets Rehypothecation (LPR)
  • Information
    • ๐ŸŒ‰Bridging to Sonic
    • ๐ŸฆTreasury Management
    • ๐Ÿ“œContracts
    • ๐Ÿ”—Official Links
    • ๐Ÿ‘ฎSecurity
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  • How the Peg Stability Module (PSM) Works ๐Ÿ“Š
  • Dynamic Nest Emissions ๐Ÿ–จ
  • LP Assets Rehypothecation ๐Ÿ’ต
  1. Unique Features

Overview

Peg Stability Module (PSM) | Dynamic Nest Emissions | LP Rehypothecation

PreviousTokensNextPeg Stability Module (PSM)

Last updated 2 months ago

Snake Finance is not your regular Tomb model, we have unique features that don't rely on seignorage alone and have unique features to bring real revenue flowing into our treasury

These dynamic expansions of $SNAKE emitted from the nest ensure that emissions are flexible and adaptable to $gSNAKE. This ensures that $SNAKE emissions from the Nest each epoch are backed by the treasury, strengthening the peg with S.

๐Ÿ“Š

โˆ™ Users claiming rewards will harvest forest farms in (Currently 15% of the value of $gSNAKE) โˆ™ This fee reinforces peg stability and long-term ecosystem balance. This structure will evolve as the protocol grows.

Note: Once liquidity gauges for -$S and -$S pairs are introduced, the PSM may be adjusted or removed entirely.

๐Ÿ–จ

NOTE: rewards not claimed in the boardroom after 48 hours are BURNED as shown below This mechanism not only rewards $gSNAKE stakers & holders, but also helps stabilize the ecosystem by controlling the supply of & keeping locked

๐Ÿ’ต

Users can maximize yields by staking user-provided LP tokens in Shadow's farms through the treasury. โˆ™ Users earn rewards while the protocol stakes the same LP tokens to earn in $xSHADOW Example: Consider how Convex was a layer 2 & token optimizer for Curve Finance.

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How the Peg Stability Module (PSM) Works
Dynamic Nest Emissions
LP Assets Rehypothecation
Short Summuary
Infographic Flow Chart
PSM inforgraphic