Emission rule

Weekly HYBR Emissions Distribution

Each week, the protocol mints a certain amount of new $HYBR This newly issued supply is distributed among LPs , veHYBR holders, and team according to the following rules.


1. Rebase Allocation (to veHYBR)

remaining weekly mint is used to calculate the rebase reward for veHYBR holders.

1.1 What Is Rebase?

Rebase is an additional reward distributed to veHYBR holders, proportional to how much HYBR is locked in the ve system.

The higher the veHYBR lock ratio, the larger the weekly rebase—up to a maximum of 30%.


1.2 Calculating the Lock Ratio

lockedShare = veHYBR_locked_amount / HYBR_total_supply

(In code, expressed in basis points):

lockedShare = veTotal * MAX_BPS / hybrTotalSupply

1.3 Maximum Cap: 30%

Even if 100% of all HYBR were locked in veHYBR, the rebase allocation will never exceed 30% of the weekly mint.

This cap ensures predictable emissions and supply expansion.


1.4 Final Rebase Formula

In simplified form:


rebase are distributed among veHYBR holders proportionally by voting power , more HYBR locked and longer time it's locked , more rebase you will receive.

2. LP Emissions

After subtracting:

  • the 5% team allocation

  • the rebase allocation

all remaining HYBR is distributed to LPs via the emissions system.

LP emissions are allocated across pools based on gauge voting power, determined by veHYBR holders.

Formula:

3. Team Allocation — 5%

5% of the weekly minted HYBR is allocated to the team.

This allocation supports:

  • Protocol development and upgrades

  • Security audits and infrastructure

  • Long-term operations and ecosystem growth

Formula:

For the first week , newly minted emissions are distributed as below :

Title
Amount

Total

30M

LP rewards

19.95m

rebase

8.55m

team

1.5m

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