Permanent Tranche

The Significance of the Permanent Tranche in UNIRA

The Permanent Tranche serves as a pivotal element within the UNIRA DeFi ecosystem, encompassing practical, analytical, and philosophical dimensions. Let's explore its multifaceted importance in a comprehensive manner.

A Vault of Value Accumulation:

In the Permanent Tranche, UNI tokens are channeled from the Lap Tranche and retained until the culmination of the season. This reservoir of tokens serves as a testament to the ecosystem's growth and engagement over time.

Within the Permanent Tranche, the aggregation of UNI tokens occurs as follows:

Accumulated(UNI)=\sum_{i=1}^{n}UNI_{i}\

Here, $n$ represents completed Laps, and $UNI_{i}$ signifies the tokens added during each Lap.

Mega Reward Distribution:

At the season's conclusion, as the Relaunch event unfolds, the aggregated UNI tokens in the Permanent Tranche are distributed among $UNIRA holders. This distribution takes the form of a Mega Reward, reflecting the protocol's commitment to rewarding its dedicated community.

The Mega Reward is distributed in proportion to $UNIRA holdings:

$$Mega Reward_{user}=\tfrac{User's(UNIRA)_{holdings}}{Total(UNIRA)_{supply}}\times Total(UNI)_{Permanent Tranche}$$

This ensures fairness, with each user receiving rewards aligned with their share of the total $UNIRA supply.

The Asset Support Framework

The Permanent Tranche also embodies a crucial function as the asset foundation for the UNIRA protocol and ecosystem. By holding real-value assets that are unrelated to the UNIRA ecosystem, it serves as a reserve that reinforces the ecosystem's stability and sustainability.

The Permanent Tranche bolsters the ecosystem's resilience through an asset reserve:

$$Asset Reserve=\sum_{j=1}^{m}Value_{j}$$

Here, $m$ encapsulates distinct real-value assets, and $Value_{j}​$ denotes each asset's value.

Philosophical and Psychological Insights

The presence of the Permanent Tranche encapsulates profound philosophical and psychological implications that underlie its role:

1. Transparency and Vibrancy: The Permanent Tranche serves as a beacon of transparency, reflecting the organic growth of the UNIRA ecosystem. Observers and participants can witness the gradual accumulation of real-value assets, offering a tangible representation of the protocol's journey.

2. Confidence and Endurance: The concept of the Mega Reward symbolizes a commitment to the long-term sustainability of the protocol. Each participant's reward, directly proportional to their share of $UNIRA holdings, fosters a sense of trust and confidence in the protocol's consistent performance.

3. Collective Progress: The Asset Reserve within the Permanent Tranche embodies a collective effort. It signifies the pooling of diverse real-value assets, hinting at the collaborative nature of the UNIRA community. This accumulation speaks to the shared dedication toward the protocol's prosperity.