Time Switch
How the Protocol Generates Revenue
Similar to how Uniswap v3 has a Fee Switch, Power Stake has a Time Switch. Each time someone uses the protocol by minting new TBTs, a 0-20% Time Fee is taken and sent to the Power Stake Capacitor.
Example
If the protocol has a 5% Time Fee and...
A user stakes 100 ETH for 1 year which generates 100 ETH TBT
5 ETH TBT goes to the Power Capacitor
95 ETH TBT goes to the Power Staker to be instantly redeemed for yield by burning or swapping
Current Fee
The Time Fee is currently set to 5% on all networks.
Time Fee Details
The only way to remove Time Fees from the Power Stake Capacitor is by depositing Upfront Stake tokens.
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