Utility
MRTR
Ecosystem Fees
MRTR acts as lifeblood of the BricklayerDAO ecosystem; being required in all instances of interaction with the platform. The initial confirmed fee at present is for releasing & redeeming BRCK and/or CMNT, as a 1% in proportional MRTR value.
These transaction fees use the burn mechanism present & are removed permanently from the supply.
xMRTR
The following benefits require staked Mortar (xMRTR), received after a user to stakes their MRTR in our vault.
Allocations of the following rewards are calculated via the relationship between the user's xMRTR balance i.e. their proportion of total staked assets & the duration of their stake within the given quarter, against the competing time & supply of other user's xMRTR.
Yield
MRTR rewards are released quarterly to xMRTR holders, taken from the emissions pool containing 5,625,000 MRTR. This yield is automatically delivered to corresponding wallets
Quarry Rewards
There is also a secondary reward, also awarded quarterly, coming from the Quarry digital mining network.
This dividend must be claimed in the quarter awarded in, otherwise this will be returned to the capital reserves.
Voting
Only xMRTR holders have the ability to vote within our DAO. Voting credits are initially attributed using the same yield reward calculation. These credits are then used to calculate voting power within the DAO, using a quadratic voting system.
Only xMRTR holders have the ability to generate voting credits, though these can be boosted if they hold a Mason license (MSRY).
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