Proof-of-Repayment is Superseed's unique programmatic reward mechanism that turns emissions into automated debt reduction through daily auctions.
Let's take a look at how it works! 🧵
The Superseed flywheel becomes more capital efficient as the network grows:
• More onchain activity → more fees
• More fees → more debt repayment
• More repayment → more user benefits
As the system scales, the debt reduction capacity grows proportionally.
Essentially, Superseed redirects emissions typically spent on security into direct user benefits in a capital efficient way and uses 100% of protocol revenues to pay off Supercollateral debt.
Technical
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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