Lifecycle
Strip evolves through four stages that define participant incentives. Phase 1: CoordinationPT staking is the sole emission path. Early participants earn the largest allocations and have the longest window to build boost. This phase establishes initial TVL and alignment. Phase 2: Competition
Emissions move to PT/STRIP liquidity providers. Liquidity deepens while emissions remain significant. Boost advantage becomes decisive. Phase 3: Crossover
Buybacks exceed emissions. The system becomes net deflationary while still distributing rewards, demonstrating sustainability beyond incentives. Phase 4: Scarcity
Emissions approach zero. Buybacks dominate. STRIP becomes a scarce claim on a perpetually compounding yield base.