oasis
Last updated
Last updated
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 once liquidity is locked, it can be withdrawn early with a penalty.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.