Policy

Goblins features policy constants that allow us to optimize the system.

Bonds

The BCV allows us to scale the rate at which bond premiums increase. A higher BCV means a lower discount for bonders and more protocol profit. A lower BCV means a higher discount for bonders and less protocol profit.

The vesting term determines how long it takes for bonds to become fully redeemable. A longer term means lower inflation and lower bond demand.

Staking

There are no variables in the staking contract. GOB and sGOB are always redeemable 1:1, and profits are always distributed equally through rebase.