• Epoch duration: 6 hours
  • Deposits / Withdrawal of DSHARE into/from the Piggybank will lock DSHARE for 6 epochs and DIBS rewards for 3 epochs.
  • DIBS rewards claim will lock staked DSHARE for 6 epochs and the next DIBS rewards can only be claimed 3 epochs later
  • Distribution of DIBS during Expansion
    80% as Reward for Piggybank DSHARE Stakers
    15% goes to DAO fund
    5% goes to DEV fund
  • Epoch Expansion: Current expansion cap base on DIBS supply, if there are bonds to be redeemed, 65% of minted DIBS goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

Piggybank UI Available information

Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)
APR refers to the simple returns in USD value relative to the amount of DSHARE staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:
  • Price of DIBS
  • Price of DSHARE
  • Amount of DSHARE staked in Piggybank (Locked Value)

Piggybank on Contraction Periods

Piggybank will not mint any DIBS (NO REWARDS ON PIGGYBANK) while TWAP < 1.01

Piggybank on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still Dbonds to be redeemed.
65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the DBOND Redemption. This amount is still reserved whether or not DBOND holders are redeeming bonds or not.
Once DIBS in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.
DBOND emitted per epoch during contraction periods can be found on Regulations.


Stake your LP to earn DSHARE tokens
Shares Pools (Shares Reward) available for 12 months:
  • DIBS-BNB LP: 36000 Shares
  • DSHARE-BNB LP: 24000 Shares


DBOND (bond tokens) are available for purchase when DIBS falls below the peg. If DIBS's TWAP is between 1.00 and 1.01, neither DBOND nor DIBS will be issued.
e.g. if DIBS's TWAP < 1, exchange DIBS for DBOND will be in a 1:1 ratio.
DBOND (bond tokens) are available for redemption when DIBS goes above the 1000:1 BNB peg.
To encourage redemption of DBOND for DIBS when DIBS TWAP > 1.1 and incentivize users to redeem at a higher price, DBOND redemption will be more profitable with a higher DIBS TWAP value, of which DBOND to DIBS ratio will be 1:R, where R can be calculated in the formula as shown below:
Where coeff = 0.7