STAKEHOUSE Technical Information

Create a Pool:

  • Input :

    • Stake Duration [1 - 5555 Days]

    • Enrollment Period [1 - 369 Hours]

    • Creator Fee [0 - 1%]

  • Creator Fee is received in HEX when Stake matures

  • Stake Length

  • Mint period duration (Enrollment period)

  • Set Creator Fee (0% -> 1%) received in HEX when Stake matures

  • Create new token with ticker SH<poolId›

  • Pool Creator pays a 3690 gwei fee to create pool

Enter a Pool:

  • Deposit HEX to pool

  • Pool Token is minted 1:1 with HEX deposited in pool

  • User can withdraw HEX prior to enrollment period ending

  • Deposits and Withdrawals cost a 3690 gwei fee

Start Stake:

  • Anybody can start the stake once enrollment period is over

  • Transfers pool enrollment fees to Buffet

  • Operator fee is incentive to start stake

  • Starting a stake is cheap. Anybody can start a stake even if operator fees are 0

End Stake:

  • Anybody can call end the stake once stake has matured

  • Claims Hedron to pool

  • Withdraws HEX to pool

Withdraw from Pool:

  • Pay Pool_Token_Amount / Total_Pool_Tokens * End_Stake_Gas to Stake_Ender

  • Pay End_Stake_Gas / 20 to Buffet

  • Transfer 80% of Hedron earned to User

  • Transfer 20% of Hedron to Buffet

  • Transfer Creator_Fee from the HEX Yield (excluding principal deposit) to Creator

  • Transfer Hex to User after deducting Creator_Fee

Bleed Hedron:

  • Anybody can call Bleed

  • No bleed for first 7 days

  • Stake_Ender gets 50% of bled Hedron

  • 50% of bled Hedron is sent to Buffet

  • The Hedron bleed is incentive to end stake as well as call bleed itself.

Bleed HEX:

  • Anybody can call Bleed

  • No bleed for first 7 days

  • Hex Bleeds @ 1% per day

  • Creator gets their fee of bled HEX (including principal)

  • Bled HEX after deducting Creator_Fees gets transferred to Buffet

  • Bleed accumulates if not called daily.

  • If user claims when bleed is not called, the protocol misses out on the bleed revenue.

  • Creator_Fees is incentive for the creator to call bleed.

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