What is Toke (Toke)?
What is Toke (Toke)?
TOKE Price: The TOKE price informs the quantity of tokens emitted in order to sustain the desired APR for LPs. TOKE can be thought of as a homogeneous form of tokenized liquidity. It’s representative of the ability to direct any of the deposited LP assets in the form of liquidity.
What is the difference between Toke slashing and Toke price?
TOKE Slashing: In the event TOKE needs to be used as a backstop to make LPs whole (described in further detail below), TOKE rewards from a specific token reactor may be pulled back into the PCA to be distributed at a later time. TOKE Price: The TOKE price informs the quantity of tokens emitted in order to sustain the desired APR for LPs.
How does the staking of Toke work?
When an LD stakes TOKE into the protocol, the LD is given votes proportional to the TOKE staked which can then be allocated to any number of token reactors within the system. The staked TOKE’s voting power is determined by the amount of TOKE in a given token reactor.
How long will the token emissions last?
The emissions schedule for protocol participants (30M TOKE) is currently designed to be emitted over 24 months/104 weekly Cycles, however, these emissions could extend past this length of time. The token emissions are dependent upon a few variables and may be adjusted initially in order to keep the Genesis Pools appropriately incentivized.
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