Staking and Rebasing
Flor Garden uses a staking and rebasing system that people are familiar with OlympusDAO.
Staking: Users will stake FLOR into the staking contract and receive sFLOR (staked FLOR).
FLOR - Unstaked token, will not rebase with each epoch.
sFLOR - Staked Flor that will rebase once every 24 hours against the Epoch ROI.
Rebasing: sFLOR will rebase once every 24 hours against a set Epoch ROI.
Unstaking Penalty
Regardless of time staked, all users will pay a 3% unstaking penalty when they unstake their FLOR. 1.5% of this goes to the treasury and can be used for future incentives. The other 1.5% is swapped for YES which further increases the reserve assets.
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