SREP

SREP is a non-tradable score given to users for staking their SDAO tokens based on the formula:

SREP = SDAO × Days Locked

New User Deposit

User locks 1000 SDAO for 100 days. SREP = 1000 × 100 = 100,000

Multiple Deposits

Initial Deposit: User locks 100 SDAO for 100 days. After 10 days, the user deposits an additional 200 SDAO for 120 days. Calculation: Initial deposit: SREP = 100 × 10 = 1000 Second deposit: SREP = (100 + 200) × 120 = 300 × 120 = 36,000 SREP: 36,000 + 1000 = 37,000

Early Withdrawal

User locks 1000 SDAO for 100 days. Withdraws 500 SDAO after 10 days. Calculation: SREP: (1000 × 10) + (500 × 80) = 10,000 + 40,000 = 50,000 Capital Slash: 500 × 0.05% × 80 = 2% × 500 = 10 SDAO

Relocking

User initially locks 1000 SDAO for 1000 days. After 1000 days, relocks for another 1000 days. SREP = 1000 × 1000 + 1000 × 1000 = 2,000,000

Last updated

#194:

Change request updated