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The Emission Curve

STRIP emissions follow an exponential decay, starting high and declining smoothly over time. Strip Emission Schedule Presentation Transparent Formula:
  • Daily emission rate: E(t) = E₀ × exp(−λ × t)
  • Where: E₀ = 900,000 STRIP per day (initial rate)
  • And: λ = 0.001 per day (decay constant)
What this means:
  • Day 1: 900,000 STRIP per day
  • Year 1: ~750,000 STRIP per day average
  • Year 3: ~200,000 STRIP per day average
  • Year 5: ~50,000 STRIP per day average
  • Total lifetime emissions: 900M STRIP
By year 5.5, 86.5% of all STRIP will have been distributed. The rest streams out gradually as a long tail.

Where Emissions Go

Phase 1 (Day 0-90): All emissions go to PT stakers. Phase 2 (Day 90+): All emissions go to PT/STRIP pool liquidity providers.

How Emissions Are Split Across Vaults

Emissions are allocated to pools based on APR × TVL. More productive vaults get more emissions. Example:
  • Vault A: $10M TVL at 20% APR = $2M productivity score
  • Vault B: $20M TVL at 5% APR = $1M productivity score
  • Result: Vault A gets 67% of emissions, Vault B gets 33%
This keeps incentives aligned with value generation. Vaults that produce more yield for the system earn more rewards.