Our MasterUniverse contract brings the time-tested power of the Sushiswap MasterChef with a newly conceived idea to minimize whale dominance. In line with our mission of delivering access to users, this gives them a leg up over the whales!
It comes with several features too, explained in last articles like :
PlasmaPower and buff rate algorithm.
PlasmaPower is the name of our staking adjustment, introduced in order to limit the power of whales.
The PlasmaPower calculation uses a formula to create an adjustment factor
Rewards = rewards of the mining pools * PlasmaPower / total PlasmaPower
PlasmaPower = user staked amount * buff rate
This, again, is the key to our equitable staking mechanism. The buff rate that a user is entitled to will vary based on how much the KOMET / ETH Uniswap LP he has. It is updated after each withdrawal and deposit.
Casual — buff rate 12 : ~32% of users : <= 2 LPs
Common — buff rate 10: ~52% of users : <= 15 LPs
Committed — buff rate 8: ~12% of users : <= 100 LPs
Whales — buff rate 6: ~4% of users : > 100 LPs
Previously we built the halving system based on time. You have to know that miners are capable of adjusting the block timestamps, so during cycle change, a system based on time can bring some opportunity to manipulate the reward.
To prevent this, we now base all the calculations on top of block number as accuracy and security are critical for us. It doesn’t change the main logic as we can predict approximately how many blocks by day.
10 days post-launch
30 days post-launch
70 days post-launch