Long term Emissions
Each bonding event creates a pool of CNV for reward distribution.
A surplus is generated after anti-dilutive rewards are paid to staking positions. A portion of excess emissions will be allocated to a long- term emissions pool that will be rewarded to stakers over a vesting schedule. The remainder will be recycled back into bond issuance to protect treasury backing. Emissions rewarded to stakers will be capped at an aggregate APR controlled by Policy.
This long-term emissions pool will grow over time allowing for continuous rewards to stakers regardless of bonding activity. Staking positions will receive a boost on these rewards according to term length. The longest liquid staking position will receive the highest return while the shortest liquid staking position will receive the lowest return.