mirage protocol
  • overview
  • mirage assets
    • vaults
    • peg
    • yield strategies
  • mirage market
    • funding and fees
    • liquidations
  • mirage swap
  • mira token
  • oasis
  • roadmap
  • resources
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oasis

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Last updated 1 year ago

the oasis is where staking of mira and mirage swap LP tokens occurs. these tokens can be time-locked for governance power and boosted MIRA rewards

providing liquidity for earns rewards in the oasis. users lock their liquidity to earn mira rewards.

for example, users can provide liquidity in the mUSD/zUSDC pool and lock their LP token in the oasis. liquidity in the oasis is locked for a minimum of one week or longer. once liquidity is locked, it can be withdrawn early with a penalty.

rewards earned in the oasis are based on two factors:

  • how long the liquidity is locked

  • how much vemira the user has

the more vemira a user has, and the longer they lock their liquidity, the higher their overall rewards will be, i.e. a higher APR.

more specific details about the oasis will be released closer to mainnet launch.

mirage swap