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Welcome to Obelisk

Obelisk is a decentralized yield protocol on Ethereum. Users pay ETH to mint LODE tokens, stake them for ETH payouts, and burn them to boost future yields. A cross-chain bridge lets users burn PRELODE on Solana to claim LODE on Ethereum.

Mint LODE

Pay ETH to create time-locked mints that produce LODE tokens at maturity.

Stake LODE

Lock LODE for 28-3,500 days to earn ETH from four recurring payout cycles.

Burn LODE

Destroy LODE to earn burn pool ETH and a permanent boost on all future mints.

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Where Does the Yield Come From?

Every mint costs ETH. That ETH is distributed automatically:
DestinationShareWhat It Does
Buy-and-Burn62%Buys LODE on Uniswap V3 and burns it permanently
Staker Rewards28%Paid out to stakers across 4 payout cycles
Burn Pool7%Distributed to users who burned LODE in the current 28-day cycle
Genesis3%Protocol treasury
The caller who triggers distribution earns a 0.33% incentive fee. There is no pre-sale, no VC funding, and no pre-minted supply. All LODE enters circulation through user minting.

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PRELODE Cross-Chain

Hold PRELODE on Solana? You can permanently burn it to claim LODE on Ethereum at a 1:1 rate. See the PRELODE section for details.

Start Minting

Step-by-step guide to your first mint.

How It Works

Understand the full protocol lifecycle.