Staking & Listing Economics

🔵 Planned

All three mechanisms are implemented and tested, and all three are undeployed — they activate with the Phase 2 deployment.

#StakingPool

• Stake $SEAT, earn a share of desk fees (the 10% staker slice of performance + AUM fees).
• Rewards track an accUsdgPerShare accumulator: deposits of USDG rewards increase the accumulator; each staker's pending reward is staked × (accPerShare − userDebt).
• Rewards that arrive while nobody is staked land in undistributedUsdg and fold into the accumulator when staking resumes — they are not lost and not skimmed.
• stake / unstake / claim are the full interface. No lockup, no slashing.

#Listing bond (stake-to-list)

• DeskFactory.createDesk is owner-only (curated desks).
• DeskFactory.listDesk is permissionless but pulls a $SEAT bond — default 100_000e18 — from the caller.
• returnBond returns the bond. The bond is anti-spam, not a fee: it is not revenue and is not burned.
• One vault per leader address, always.

#LpLocker

• Holds a Uniswap v3 position NFT (the SEAT/USDG liquidity position) for ≥ 365 days.
• Early withdrawal reverts; after the lock, only the beneficiary can withdraw.
• The cited NPM is 0x73991a25C818Bf1f1128dEAaB1492D45638DE0D3 on 4663; the mint itself is a manual operator step — the deploy script only logs intent.

#How the pieces interact

#Honest status

Until Phase 2 ships, none of these economics exist on-chain. Treat any claim otherwise as fraudulent.