Skip to main contentThe Emission Curve
STRIP emissions follow an exponential decay, starting high and declining smoothly over time.
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.