LORE Staking

Lore offers users a staking module to stake their LORE to earn from protocol revenue.

Lore offers users a staking module to stake their LORE to earn from protocol revenue. The LORE staking module is a Cod3x Relic meaning it offers time-weighted rewards to users. Users may deposit their LORE into the Lore Relic, which enables them to build up their maturity, allowing Lore to distribute time-weighted emissions favoring long-term stakers. Staking rewards include Lend Module fees, paid in WETH, and loreUSD mint and redemption fees, paid in loreUSD and oLORE.

Lore revenue comes from two primary sources:

1. The Lore Lending Module: utilizes a modest reserve factor on markets directs a small portion of borrow-side interest to the Lore treasury. A portion of this revenue will be aggregated into ETH and distributed to LORE Staking Pool.

2. The Lore CDP (Coming Soon): will allow users to mint loreUSD against premium collateral. Minting loreUSD incurs a 0.5% security fee, which will be distributed to Lore Stakers.

Time-Weighted Maturity

The LORE Relic is programmed to record a user’s maturity and reward positions according to a multiplier. The LORE Relic rewards maturity with a linear boost over six months (plateau beyond), and up to a 1.5x multiplier.

If you have questions, please reach out to the Lore team in our official Discord.