FAQ

Please note that none of this is financial advice. You should do your due diligence to become an informed investor by doing your own research, coming to your own conclusions, and taking note of the risks and responsibilities associated with participating in Grave Finance.

The team is available in the Discord to answer questions, so please reach out if they're not answered here!

If $GRAVE is OVER the peg:

-Buy $GRAVE and pair it with $AVAX to provide liquidity, and stake your GRAVE-AVAX LP in the Nightmare to earn $GSHARE rewards. -Take your $GSHARE rewards and stake them in the Asylum to earn inflationary $GRAVE rewards. -Sell half of your earned $GRAVE for $AVAX, and compound it back into the GRAVE-AVAX LP. -Profit!

If $GRAVE is UNDER the peg:

1. 1.

   Buy GRAVE and exchange it for GBOND. If you are LP'ing, you can break the LP to exchange $GRAVE for $GBOND, and use the remaining $AVAX to buy $GRAVE to also exchange for $GBOND. Now you have a big fat bag of $GBOND, and you've also helped bring $GRAVE back above peg so that the Asylum can resume printing.

2. 2.

   Sell $GBOND for a redemption bonus once $GRAVE is back over peg (above 1.1 TWAP).

50/50 is the method best suited to provide stability for both the platform and for your underlying investment. By boosting liquidity, the 50/50 strategy reduces price volatility, and helps $GRAVE stay above the peg for longer to keep the Asylum printing. This, in turn, attracts new investors and keeps the ecosystem growing.

1) When you claim your $GRAVE rewards in the Asylum, sell 50% of them for $AVAX.

2) When you go to provide GRAVE-AVAX LP, stake the entirety of your remaining GRAVE with the $AVAX you've just purchased.

3.“There are so many auto-compounding vaults, what should I do?”

If you are in a GRAVE-AVAX LP auto-compounding vault, you are creating buy pressure on $GRAVE. If you are in a $GSHARE-AVAX LP auto-compounding vault and you also hold $GSHARE elsewhere, the auto-compounding vault will be suppressing its price since it is continuously selling $GSHARE.

(Please Note: Always proceed with caution. We DO NOT recommend putting more than 5% of what you are staking on Grave into a single auto compounder. DeFi involves significant risks and users should manage risks accordingly. For example, users should only put in what they are willing to lose. DO NOT invest your life savings and do your homework before getting active in Defi.)

1. "What is an expansionary epoch?"

An expansionary epoch is the amount of $GRAVE that is printed by $GSHARE in order to increase the total circulating supply.

To simplify the explanation with a hypothetical example, let’s say an epoch is 3 days long and there are $100 dollars in the circulating supply.

If the money printer grows the supply by 10% of the existing circulating supply each day, at the end of the 3 days you'd have 100*1.1*1.1*1.1 = $133.

Then, let’s say the emissions decrease to 5% per day.

You’d then have $133 *1.05 *1.05 *1.05 = $153 at the end of this second epoch.

2. “What is compounding in the context of Grave.Finance?”

Earning a return on gains you've already made from previous periods is what is commonly referred to as compounding.

For example, consider a 3% daily APR on an initial investment of $100.

After 24 hours it would grow to $103.

After 365 days without compounding: $1195.

After 365 days, compounding once daily: $4,848,272.

1.“Once GBOND are emitted, does the Asylum stop printing $GRAVE until we are above peg again?”

Staking $GSHARE will give you $GRAVE rewards when the price of $GRAVE is above the peg (0.1 AVAX), but not when it is under the peg.

2. “What happens if I interact with the Asylum in any way?”

Any interaction with the Asylum will reset both timers. That's 1 epoch (6 hours) to withdraw your Grave rewards, and 2 epochs to unstake your Gshare (12 hours).

3. “Are the Asylum rewards pro-rated by time? I.e if I stake three hours before the end of an epoch vs five hours before the end of an epoch, do I get different rewards?”

No, it's determined by how much you have staked at the time of printing (i.e. end of one epoch and start of the other). It doesn't matter if you stake 3 hours before or 30 seconds before the emissions occur.

4. "If I remove my $GSHARE from Asylum without first collecting my $GRAVE, will it be lost forever?"

No, it will still be there to collect whenever you need.

5. "The Asylum APR dropped because we're in a 'debt phase.' What does this mean?"

A debt phase takes place on the expansion epochs that start after a contraction period where there are still $GRAVE to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the GBOND Redemption. This amount is still reserved whether or not GBOND holders are redeeming bonds or not.

Once GRAVE in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

6. "If we're in a debt phase, how long will it last until Asylum continues printing as normal?"

The debt phase will last as long as is necessary to adequately pay back outstanding $GBOND debt. Please keep in mind that the DAO will also need to collect a little extra, as there needs to be a cushion to cover the bonuses when people redeem $GBOND over peg.

There's no exact way of calculating how many epochs it takes since we don't know exactly when people will redeem their $GBOND. If the debt phase is ended too early, and then the treasury doesn't have enough $GRAVE to repay the $GBOND bonus, then the APR restriction would need to be turned back on.

7. "At the end of the epoch, the Asylum did not print $GRAVE, and then no $GBOND were issued in the pit. Why?"

There is a balanced state "at peg" when $GRAVE's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation.

8. "If GRAVE continues climbing above the price of the peg, will that influence how long the debt epoch lasts?"

Depending on the price of GRAVE, the Asylum print will have to adjust to provide a buffer for any unclaimed GBOND. As the price of GRAVE climbs above the peg, more GRAVE needs to be distributed to the treasury to account for GBOND bonus redemption.

“How do auto-compounding vaults work?”

Staking either $GRAVE/$AVAX or $GSHARE/$AVAX LPs in these vaults rewards you with more of the same LP (liquidity pool) tokens that you have deposited. They deposit your LP tokens in the same yield farms that are available to everyone on Grave.finance, and then, every set amount of minutes, they harvest the $GSHARE that you’ve earned, sell a portion of if, and use the proceeds to mint more LP tokens on Trader Joe, before finally depositing those LP tokens back into the Grave.finance pools, growing your allocation.

You can actually do this yourself if you prefer not to have to pay fees; it’s simply a service offered as a time-saver for those that don’t want the hassle of going through the whole process themselves all day every day.

Note on the tokenomics of auto-compounding: Both the GSHARE/AVAX LP and the GRAVE/AVAX LP pools pay rewards in $GSHARE: If you’re in the GSHARE/AVAX pool, 50% of your $GSHARE rewards are sold for $AVAX each time the protocol auto-compounds. If you’re in the GRAVE/AVAX pool, 100% of your reward is sold and used to purchase half $GRAVE and half $AVAX each time. Unlike the GRAVE/AVAX vault, the GSHARE/AVAX vault does not put any buy pressure on GRAVE.

“I'm invested in the project for the long term, and I feel guilty taking profits. Am I still a team player if I move profits somewhere outside of the project?”

Never put all your funds in one basket, even if it's $GRAVE. Always take gains along the way. The Grave.finance team views it as a success if, over time, everyone gets their initial investment back into their wallets and continues investing with the profits that come after that.