FAQ

No. All LODE enters circulation through user minting. The only exceptions are the initial Uniswap V3 liquidity (100B LODE) and the PRELODE burn reserve (1B LODE).
After the 7-day grace period, penalties escalate rapidly: 1%, 3%, 8%, 17%, 35%, 72%, then 99% after 14 days past maturity. Set a reminder.
Yes, but only after your stake is at least 50% matured, and you pay a 50% penalty on your LODE. Consider burning the stake instead — no penalty, and you earn burn amplifier bonus.
Staking rewards come from your shares (based on LODE staked and duration). Burn pool rewards come from your burns (LODE destroyed in the current 28-day cycle). They are separate streams claimed independently.
No. Rewards accumulate across cycles. Claim all your uncollected ETH in a single transaction whenever you’re ready.
Anyone. The protocol pays a 0.33% incentive fee to the caller. In practice, automated bots handle this.
Yes. Once earned, it never decreases. It applies to every future mint you create.
Yes. Specify the same Ethereum address when burning from each wallet. The snapshot service aggregates all burns to the same address.
The snapshot runs every 6 hours. After your burn is captured and the root is posted, you can claim immediately.
Rate changes only affect unclaimed burns. Already-claimed LODE is yours regardless of future rate changes.
No. Both creating a code and claiming a referral are one-time actions per wallet.
Power 100 produces the most LODE but costs the most ETH. Power 25 is the cheapest entry point. The optimal choice depends on your budget.
1,000 of each per wallet. Batch mint supports up to 100 per transaction.
A bonus on mint rewards that starts high and decays to zero over ~350 days. Minting early in the protocol’s life gives a bigger reward.
No. It relies on an off-chain snapshot service and an admin key to post Merkle roots. There is no on-chain oracle or ZK proof. See the PRELODE Overview for details.
The Obelisk owner cannot withdraw user funds or change fee splits. The PrelodeBurnRedeemer owner can withdraw LODE from the redeemer contract (emergency function). The BuyAndBurn owner can only adjust swap caps upward. Deployment should use multisig wallets for all owner roles.