Glossary

APY
Annual Percentage Yield
EVM
Ethereum Virtual Machine
Locked Tranche
A staking tranche with a higher yield that the 'Unlocked Tranche', which allows token holders to stake THEO for pTHEO. A penalty is applied if unstaking before the full Time Period of 1-year (see Equations for details).
pTHEO
Platinum Staked THEO
Reward rate
The reward rate is the percentage of THEO distributed to all stakers on each 8-hour performance-update, with respect to the circulating supply of staked token (sTHEO or pTHEO)
sTHEO
Staked THEO
TWAP
Time Weighted Average Price: the average price of an asset over a specified time period.
Unlocked Tranche
A staking tranche with a lower yield than the 'Locked Tranche', but which allows token holders to stake THEO for sTHEO, and unstake sTHEO for THEO, with no penalty
Last modified 6mo ago