Boardroom
ClosedStaked mSHARE receives newly minted mTOMB during expansion, plus a share of every fee the protocol captures. It compounds, it runs 24/7, and it needs no brokerage account.
How an epoch pays
- 1
The TWAP is read at the epoch boundary
mTOMB is priced in SPY over the epoch, not at a single block, so a momentary wick cannot trigger an expansion.
- 2
Above the peg, the protocol mints
New mTOMB is issued in proportion to how far above one SPY the average sat, and sent to the Boardroom.
- 3
Stakers claim
Minted mTOMB is distributed pro rata across staked mSHARE. Claiming is manual; unclaimed rewards keep accruing.
- 4
Below the peg, nothing is minted
There is no expansion in contraction. The treasury defends the peg instead, and the Boardroom earns only its share of fees.
Your position
- Staked mSHARE
- ·
- Claimable mTOMB
- ·
- Next epoch reward
- ·
- Withdraw unlocks
- ·
Expansion only pays when the TWAP holds above the peg. In contraction there is no mint and the Boardroom earns nothing from seigniorage, only the fee share. A staking page that implies a constant yield through both regimes is lying about how this works.
