LODE Emissions

The comptroller contract also governs the LODE emission subsidies distributed to the dapp.

LODE drips from its reservoir contract into the comptroller contract at .8036 LODE per Ethereum block, which is assumed to be 12 seconds. The LODE in the comptroller contract is where LODE emissions enter circulation. 12% of emissions, which is about .1095 LODE per Ethereum block, entering the comptroller will be designated to be transferred to the liquidity mining contract during the initial release of the project.

The remaining 88% of emissions will be used to subsidize activity within the dapp. At launch this equates to roughly .8036 LODE per Ethereum block at the release of the dapp. 50% of the emissions allocated to the market are governance controlled through snapshot voting. The other 50% are dynamic and chance week to week from the weekly gage system to redirected in the weights that fit the needs and desires of the community. Below is the static rate of emissions for each market representing the 50% of emissions controlled by formal governance, at launch of v1 the following weights are doubled until the gage system goes live:

Asset	Relative Share	Actual Emissions Per Block
USDC.e Deposit	4%	0.03214
USDC Deposit	1%	0.00803
GMX Deposit	1%	0.00803
wstETH Deposit	2%	0.01607
ARB Deposit	1%	0.00803
USDT Deposit	2%	0.01607
FRAX Deposit	1%	0.00803
ETH Deposit	2%	0.01607
BTC Deposit	2%	0.01607
MAGIC Deposit	1%	0.01607
DPX Deposit	.5%	0.00401
plvGLP Deposit	1%	0.01607
DAI Deposit	1%	0.01607
Pendle Deposit	1%	0.01607
USDC.e Borrow	4%	0.03214
USDC Borrow	1%	0.00803
GMX Borrow	1%	0.00803
wstETH Borrow	1%	0.00803
Arb Borrow	1%	0.00803
USDT Borrow	5%	0.04018
FRAX borrow	1%	0.00803
ETH borrow	5%	0.04018
BTC borrow	5%	0.04018
Magic borrow	1%	0.00803
DPX borrow	.5%	0.00401
DAI borrow	3%	0.02410
Pendle Borrow	1%	0.00803