Staking AMO
Last updated
Last updated
The Staking AMO is responsible for distributing all of the system profits back to sOADA holders.
At the end of each epoch, all of the accounting heads down a pipeline from the system's strategies to the Staking AMO. It tracks total profits of all strategies from the epoch, and accounts for the ODAO Fee*. Then, the Staking AMO distributes all profits to the sOADA holders by way of increasing the sOADA/OADA exchange rate.
Because yield is only distributed to sOADA holders, any outstanding OADA in the system that is not converted to sOADA effectively becomes yield leverage.
*ODAO fees accumulate in sOADA and circumvent the cap on staked amount upon accrual, and may be claimed anytime by the fee claimer token. ODAO Fee is currently set to 20% of all system profits.
