Boardroom

1.“Once TBonds are emitted, does the Boardroom stop printing $TANGERINE until we are above peg again?”

Staking $TSHAREs will give you $TANGERINE rewards when the price of $TANGERINE is above the peg (1000 TANGERINE: 1 BNB), but not when it is under the peg.

2. “What happens if I interact with the Boardroom in any way?”

Any interaction with the boardroom will reset both timers. That's 3 epochs (18 hours) to withdraw your TANGERINE rewards, and 6 epochs to unstake your TShare (36 hours).

3. “Are the Boardroom rewards pro-rated by time? I.e if I stake three hours before the end of an epoch vs five hours before the end of an epoch, do I get different rewards?”

No, it's determined by how much you have staked at the time of printing (i.e. end of one epoch and start of the other). It doesn't matter if you stake 3 hours before or 30 seconds before the emissions occur.

4. "If I remove my $TSHARE from Boardroom without first collecting my $TANGERINE, will it be lost forever?"

No, it will still be there to collect whenever you need.

5. "The Boardroom APR dropped because we're in a 'debt phase.' What does this mean?"

A debt phase takes place on the expansion epochs that start after a contraction period where there are still $TBOND to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the TBOND Redemption. This amount is still reserved whether or not TBOND holders are redeeming bonds or not.

Once TANGERINE in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

6. "If we're in a debt phase, how long will it last until the Boardroom continues printing as normal?"

The debt phase will last as long as is necessary to adequately pay back outstanding $TBOND debt. Please keep in mind that the DAO will also need to collect a little extra, as there needs to be a cushion to cover the bonuses when people redeem $TBOND over peg.

There's no exact way of calculating how many epochs it takes, since we don't know exactly when people will redeem their $TBOND. If the debt phase is ended too early, and then the treasury doesn't have enough $TANGERINE to repay the $TBOND bonus, then the APR restriction would need to be turned back on.

7. "At the end of the epoch, the Boardroom did not print $TANGERINE, and then no $TBOND(s) were issued in the bonds section. Why?"

There is a balanced state "at peg" when $TANGERINE's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation.

8. "If TANGERINE continues climbing above the price of the peg, will that influence how long the debt epoch lasts?"

Depending on the price of TANGERINE, the Boardroom print will have to adjust to provide a buffer for any unclaimed TBOND. As the price of TANGERINE climbs above the peg, more TANGERINE needs to be distributed to the treasury to account for TBOND bonus redemption.