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Alliance Assets 🆕

Interchain staking for mutual economic partnerships
Staking an Alliance asset on Carbon is as seamless as staking SWTH; Delegators can stake, unstake, redelegate, or earn rewards with an Alliance asset just like they can when staking SWTH.
Users can stake the following Alliance assets on Carbon to start earning rewards.
Alliance Asset
Supported
Eris Amplified Luna (ampLUNA)
Stride Staked Luna (stLUNA)
Eris Amplified Whale (ampWHALE)
Soon
BackBone Labs Whale (bWHALE)
Soon
Real Yield USD (YieldUSD)
Soon
Real Yield ETH (YieldETH)
Soon

Cross-Chain Staking

To learn more cross-chain staking on Carbon, please refer to the following information:
Rewards
Governance
User Guide

Rewards

Rewards are determined by two parameters.
  • Reward Weight: The proportion of total staking rewards to be directed to stakers of the asset
  • Take Rate: A tax that redistributes a percentage of the Alliance asset to stakers
The specifications for Alliance assets on Carbon are outlined as follows:
Alliance Asset
Reward Weight
Take Rate
Eris Amplified Luna (ampLUNA)
0.01
0.3%
Stride Staked Luna (stLUNA)
0.01
0.3%

Parameters

Carbon has three stakeable assets: SWTH, ampLUNA and stLUNA.
SWTH will always maintain a reward weight of 1.
From the equation above,
98%=11+0.01+0.0198 \% = \frac{1}{1+0.01+0.01}
SWTH will receive ~98% of the total consensus rewards.
0.98%=0.011+0.01+0.010.98 \% = \frac{0.01}{1+0.01+0.01}
ampLUNA and stLUNA will each receive ~0.98% of the total consensus rewards.

Reward Weight

To preserve the role of SWTH and prevent the power dilution of SWTH, each Alliance asset added to Carbon is given a RewardWeight.
Reward Weight determines the amount of staking rewards a staked Alliance asset on Carbon will generate in proportion to SWTH.
Assetrewardpower=AssetrewardweightSumofallstakingassetweightsAsset\hspace{0.1cm} reward\hspace{0.1cm} power = \frac{Asset \hspace{0.1cm}reward \hspace{0.1cm}weight\hspace{0.1cm} }{Sum \hspace{0.1cm}of\hspace{0.1cm} all\hspace{0.1cm}staking\hspace{0.1cm}asset\hspace{0.1cm}weights}
More details soon.

Reward Delay Time

In addition to the RewardWeight parameter, Alliances assets are subject to a RewardDelayTime. This module parameter defines the amount of time users have to stake their new Alliance assets before the consensus power of the Alliance asset is applied to the chain. This delay prevents early stakers from gaining outsized rewards with a relatively small total stake of a new Alliance asset.
On Carbon, the setting for this parameter is three days.
When a new Alliance asset is whitelisted on Carbon, the RewardDelayTime period begins, and users must wait until the end of the period to start earning rewards.
Learn more here.

Take Rate

In addition to the native Carbon block rewards, the Alliance module introduces another source of rewards, called the Take Rate.
The Take Rate is an annualized tax specific to each Alliance asset. It is periodically applied to a staked Alliance asset, and the generated revenue is distributed among all stakers. As the Take Rate is a tax applied on Alliance assets, rewards from the Take Rate are denominated in whatever Alliance asset they came from.
Learn more here.
Take Rate rewards can add diversity to a staker’s wallet, strengthening their position against volatility while encouraging the exploration of other chains.
To ensure a balanced and mutually beneficial environment, Carbon implements a tax rate of 0.3% aimed at maintaining delta-neutrality and fostering liquidity across ecosystems.

Governance

All parameters for Alliance assets are updated and controlled by governance.
Although Alliance assets can be staked to validators and earn rewards, they can’t be used to specify votes in governance, due to the underlying logic of the Alliance module.
Only delegators who stake SWTH tokens directly to validators can participate in governance, using the existing 1 staked SWTH = 1 vote standard.

User Guide

Users can stake Alliance assets on Carbonhub here.
The process for staking Alliance assets is similar to staking SWTH on Carbon:
For more information about staking on Carbon, please refer to the FAQ here.