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 / hybrTotalSupply1.3 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 :
Total
30M
LP rewards
19.95m
rebase
8.55m
team
1.5m
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