D.Light
  • 🥳Welcome!
    • D.Light
    • Vision
    • Roadmap
  • 👀Getting Started
    • Protocol Overview
    • Optimizer
    • Tutorial
    • D.Light Farm
  • ➕More about D.Light
    • Background
      • What is Yield Farming
      • Why D.Light
    • Token Information & Allocation
  • 💻Tech & Security
    • Technical Documents
    • Smart Contract
  • 🛠️Tirms & Policy
    • Minimum Delegate Period
    • Operating Policy
    • Risk
    • Terms of Service
      • Legal Notice
    • Privacy Policy
    • Acceptable Use Policy
  • 🐦Community
    • FAQ
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  1. Tirms & Policy

Operating Policy

To ensure operational stability, D.Light has designed the service so that a portion of the fees generated from using the platform is collected in the Treasury under the supervision of the governance.

Tokens accumulated in the Treasury are used in various channels primarily to preserve the value of DLT tokens and ensure stable platform operations.

Floating Rate Emission

In the event of a decrease in the value of DLT tokens for any reason, Treasury tokens will be exchanged for DLT tokens at a specific time based on the Floating Rate Emission policy to preserve the minimum value.

The specific timing of the Floating Rate Emission operation will be when the DLT tokens have reached their minimum value, which will be computed and managed confidentially by the governance. Please note that detailed information is not disclosed to prevent any abuse of the information.

This operation can take anywhere from a minimum of 2-3 minutes to a maximum of more than 7 days. If necessary, an official announcement will be made on our official Telegram channel after all the operations are completed.

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Last updated 1 year ago

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