State of the Reactor - December 16, 2022
The team provided updates on accTOKE and work in progress, including improved onboarding docs for new Pilots and an overhaul of the Gitbook.
Key Takeaways
- The accTOKE launch went smoothly with the hard cap being reached within a few hours, plateauing with the third Cycle. Minor bugs were addressed, but no major issues occurred.
- The team is working on improving documentation to onboard new Pilots, starting with an overhaul of the Gitbook to improve flow and readability.
- Tokemak v2 continues to be scoped out. More details will be coming soon!
- The team is exploring the ability for Liquidity Directors to take directional positions, allowing for riskier strategies that are still managed by Tokemak’s liquidity deployment mechanics.
- Rewards for accTOKE lockers will increase as per the previously described schedule, so the APR will adjust accordingly depending on the quantity of migrated TOKE – if the plateau continues, existing stakers will earn more.
- The protocol will be able to reduce emissions by 50%, while also introducing exogenous and non-correlated rewards to users.
- Check out the new Smuggler radio station!
- The next SoTR will likely take place in January after the holidays. Until then, join the Discord for a drink in the Leaky Reactor!