Platform

Hatchery (Boardroom)

• Epoch duration: 6 hours

• Any interaction with the Hatchery (staking/unstaking EGG or withdrawing CHICKEN rewards) will lock your staked EGG for 6 epochs and CHICKEN rewards for 3 epochs.

• Distribution of CHICKEN during Expansion

  90% as Reward for Boardroom EGG Stakers 5% goes to Community fund

  5% goes to DEV fund

• Epoch Expansion: The current expansion cap is based on the currently circulating CHICKEN supply (see below for details). If there are bonds to be redeemed, 65% of minted CHICKEN goes to the treasury until its sufficiently stocked to satisfy future bond redemption

CHICKEN Circulating Supply	Max CHICKEN Minted
Up to 1.5M	3% expansion
Up to 5M	2.5% expansion
Up to 10M	2% expansion
Up to 20M	1.5% expansion
Up to 50M	1.25% expansion
50M+	1% expansion

The Hatchery does not print any rewards for EGG stakers when the Hatchery TWAP < 1.01.

Hatchery UI Information

Next Epoch indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)

APR refers to the simple returns in USD value relative to the amount of EGG staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:

• Price of CHICKEN

• Price of EGG

• Amount of EGG staked in Hatchery (Locked Value)

Hatchery Debt Phase

A debt phase takes place during expansion epochs that start after a contraction period where there are still CBOND to be redeemed.

65% of expansion during a debt phase is allocated to the treasury fund to prepare for subsequent CBOND redemption down the road. This amount is always reserved, regardless of whether CBOND holders are redeeming bonds or not.

Once enough CHICKEN is sufficiently stocked in the treasury to satisfy the redemption of all circulating CBOND, expansion rates will resume to normal.

Farm

To incentivize healthy liquidity pools for the MyChickenFarm protocol tokens, our LP farms have been seeded with EGGs to be distributed as rewards to LP stakers across a time period of 12 months. The total EGG rewards are distributed from each farm as follows:

• CHICKEN-FTM LP: 6,500 EGG

• EGG-FTM LP: 2,500 EGG

Bond

CBOND (bond tokens) are available for purchase when CHICKEN falls below the 1 FTM peg. If CHICKEN's TWAP is between 1.00 and 1.01, neither CBOND nor CHICKEN will be issued.

Check out the Bonds Mechanism section for a detailed breakdown of how bonds work.

Mint

Accumulated EGG tokens can be used to hatch (mint) CHICKEN NFTs that have both artistic value and financial utility.

Check out the NFTs section for more information on the role that NFTs play within our gaming ecosystem.