Cycles, Dark Listed and Supernova
- A cycle consists of 87 successfully passed proposals
- Any wallet that was staked throughout all 87 proposals that have been successfully passed will gain a temporary status of being Dark Listed (Messier Objects will always be Dark Listed since the tokens held within them are always staked)
- Any stake that is Dark Listed will qualify for the exclusive rewards that are distributed by the Supernova smart contract
Once a set of 87 proposals have been successfully passed, a smart contract called
Supernovais triggered. When the Supernova smart contract is triggered, it will deploy a function that takes 13% of all tokens remaining in the treasury (with the exception of ETH), then will distribute 12.13% to the Dark Listed in the regular rewards pool and 0.87% to the Messier Objects pool.
It will then take the remainder of the tokens in the treasury (with the exception of ETH) and sell these back into ETH. At this point, it will then take 87% of the newly-acquired ETH and will deposit 87% back into the treasury, 12.13% to the Dark Listed in the regular rewards pool and 0.87% to the Messier Objects pool.
At this point, the cycle will have concluded and will start a new cycle of proposals that are subject to the same sets of rules.