veRZR

Acquiring veRZR

veRZR can be obtained for free by locking $RZR for varying periods of time.

The distribution of veRZR to $RZR lockers is given as

$$veRZR = n * T^{2}$$

$veRZR =$ the number of governance tokens received $n=$ the number of $RZR$ locked

$T=$ the time in years for which $RZR$ was locked $(T ~cannot~ exceed ~5)$

Revenue Distribution

All revenue on RaiseR (except for fees paid in RZR - those are burned), will be distributed to staked veRZR addresses in 90-day epochs.

• 75% of this revenue will be distributed on a pro-rata basis to all veRZR stakers in each revenue. This will be known as the Epoch Revenue.

• 25% of this revenue will be reserved for the 3 permanent governors.

Pro-Rata Epoch Revenue calculations

Each stake % revenue share is given as follows:

$$share(percent) = Epoch ~Revenue ~*~(t*amt)_i/\sum_{i=1}^{n}(t*amt)_i$$

Governance Epochs Example

At $T=90$, non-RZR revenue for $Epoch ~1$ will be claimable by all stakers of veRZR of $Epoch ~1$. Between $T=90$ and $T=91$, the "Grace Period", any stakers of veRZR will have the ability to unstake.

At $T=180$ and $T =271$& $T=181$ and $T =272$ respectively, the 8 addre​sses with the greatest veRZR staked for that Epoch will have the option to elect to become a governor for the next Epoch. If the election is made, they will become from $T=182$ and $T =273$ respectively. The veRZR will also be staked in the next epoch.

If the election is NOT made to be a governor, between $T =181$ & $T=182$ and $T=272$ & $T=273$, during "Grace Periods", veRZR may be unstaked.

If veRZR that is eligible for unstaking during a "Grace Period" is not unstaked, it will automatically be staked into the next Epoch.