Lyrebird Token

Contract Information

Script Hash: 0x8c07b4c9f5bc170a3922eac4f5bb7ef17b0acc8b

Address: NYf9YS9X2uWrcPecjHR16CWoeVnyT7yMd4

Overview

The Lyrebird Token (LRB) is the reserve token of the Lyrebird ecosystem. Its main role is to absorb the volatility of L-assets thereby keeping them pegged to their target prices.

LRB has an initial supply of 100M, but does not have a fixed supply. LRB's supply expands and contracts as it is swapped to and from L-assets to match the supply of L-assets to their demand. The supply of LRB will be gradually released through airdrops and liquidity pool rewards.

The following lists some important functionalities that it implements:

mint: Mint a desired quantity of the token, increasing the total supply. Can only be called by the Aviary contract.
burn: Burn a desired quantity of the token, decreasing the total supply.
stake: Stake a desired quantity of the token. This is implemented as an onNEP17Transfer method.; Addresses with staked tokens are eligible for regular swap spread fee distribution. Once voting is implemented, each address will also be given a number of votes equivalent to its staked LRB quantity.
unstake: Begin unstaking a quantity of an address's staked LRB. The tokens will be in unstaking status for a period of 30 days, after which the owner can call claimUnstaked to add the tokens back to their regular balance.; Once initiated, the unstaking quantity does not receive any staking benefits, nor does it count toward voting. The unstaking process cannot be canceled; only claimed once unstaking is complete. An address may have multiple concurrent unstaking processes in progress.
claimUnstaked: Retrieve all tokens in unstaking status for which the unstaking period has elapsed and add them to the available balance.
vote: Vote on a proposal - not yet implemented.