Rebase

The protocol directly allocates tokens to the staking contract without requiring the redemption of sRWA. This will increase the ratio of RWA to sRWA, leading to an adjustment of the difference.

Example:

When 100,000 RWA are staked, and there are 100,000 sRWA yet to be delivered, the protocol distributes 1,000 RWA as staking rewards in one day. These 1,000 RWA are sent into the staking contract. At this point, the staking contract holds 101,000 RWA, with 100,000 sRWA still undelivered. The supply of sRWA will increase by 1,000, which is 1%, bringing the total number of RWA and sRWA in alignment. Therefore, the Rebase yield for sRWA on that day is 1%.

The RWA Ecosystem performs a Rebase approximately every 12 hours on-chain, meaning staking rewards are distributed every 12 hours. The protocol will fairly distribute the rewards to all stakers via sRWA, with each staker receiving the same percentage of profit. The protocol automatically handles compound interest, so stakers do not need to manually claim rewards— they simply need to keep their tokens staked.