EPOCHS

1. Introduction to Epochs

In the Pyramid Financial ecosystem, Epochs are defined as fixed time intervals that structure the platform's core operations. Each Epoch spans 6 hours, providing a consistent framework for staking activities, reward distributions, and bond management. This structured approach ensures predictability, stability, and efficiency, enhancing the overall user experience and fostering a robust financial environment.

2. Staking Within Epochs

a. Flexible Staking Opportunities

• Continuous Staking: Users have the freedom to stake their PYRA tokens at any time, without being confined to specific epoch boundaries. This flexibility accommodates diverse user schedules and investment strategies, allowing participants to engage with the platform seamlessly.

b. Unstaking Protocol

• Epoch-Aligned Unstaking: While staking is open-ended, unstaking is synchronized with epoch cycles to maintain system integrity and ensure equitable reward distribution.

  • Initiation: Users can initiate an unstake request at any point during an ongoing epoch.

  • Processing: The actual release of staked tokens occurs only after the current epoch concludes, preventing abrupt changes in the staking pool and maintaining financial equilibrium.

3. Reward Distribution Per Epoch

a. Regular Reward Payouts

• Consistent Earnings: Rewards are calculated and distributed at the end of each epoch based on the user's staked amount and the prevailing Annual Percentage Rate (APR). This ensures that users receive timely and predictable returns on their investments.

b. Compounding Rewards

• Enhancing Returns: Users have the option to compound their earned rewards, reinvesting them to increase their staked balance. Compounding allows participants to accelerate their earnings over time by leveraging the power of exponential growth.

  • Process: At the end of each epoch, users can choose to add their received rewards to their existing staked amount, thereby enhancing their future reward potential.

4. Bond Claimability

a. Understanding Bonds

• Investment Incentive: Bonds are special financial instruments within Pyramid Financial that enable users to purchase PYRA tokens at a discounted rate, fostering long-term investment and platform loyalty.

  • Discount Rate: Bonds are available at approximately 20% below the current market price of PYRA tokens, offering users significant savings and enhanced investment opportunities.

b. Claiming Bonds

• Lock-Up Period: Bonds become claimable after 12 epochs (equivalent to 72 hours), encouraging users to maintain their investment over a longer duration.

  • Redemption: After the 12-epoch lock-up period, users can redeem their bonds to receive PYRA tokens at the discounted rate, further enriching their staking portfolio.

5. User Interaction Flow

1. Staking:

   • Users stake PYRA tokens at any time during an epoch.

   • Staked tokens contribute to their total staking balance.

2. Reward Accumulation:

   • At the end of each epoch, rewards are calculated based on the staked amount and APR.

   • Rewards are distributed to users promptly.

3. Compounding:

   • Users can choose to reinvest their rewards, increasing their staked balance for enhanced future rewards.

4. Unstaking:

   • Users initiate unstaking requests, which are processed after the current epoch concludes.

   • Tokens are returned to users post-epoch.

5. Bond Claiming:

   • After 12 epochs, users can claim their bonds, receiving PYRA tokens at discounted rates.

6. Benefits of Epoch-Based Operations

• Predictability: Regular epochs provide a clear and predictable schedule for staking activities and reward distributions, allowing users to plan their investments effectively.

• Flexibility: Users enjoy the freedom to stake at any time, accommodating various investment strategies without rigid time constraints.

• Incentivization: Compounding and bond mechanisms encourage users to reinvest and maintain their stake, fostering a committed and growing community.

• Stability: Structured unstaking processes prevent sudden liquidity fluctuations, ensuring the platform remains financially stable and sustainable.

7. Example User Journey

Scenario: A user decides to engage with Pyramid Financial by staking PYRA tokens, earning rewards, compounding their earnings, and eventually claiming bonds.

1. Staking:

   • Action: The user stakes 15 PYRA at 2 hours into Epoch 5.

   • Outcome: Their 15 PYRA are added to the staking pool, contributing to their total staked balance.

2. Epoch 5 Conclusion: Reward Distribution

   • Action: Epoch 5 ends after 6 hours.

   • Outcome: The user receives their calculated rewards based on their staked amount and the current APR.

3. Compounding:

   • Action: The user opts to compound their received rewards.

   • Outcome: Their staked balance increases, enhancing their future reward potential.

4. Unstaking:

   • Action: After several epochs, the user decides to unstake.

   • Outcome: They initiate an unstake request, which is processed at the end of the current epoch, returning their PYRA tokens.

5. Bond Claiming:

   • Action: The user purchases bonds and waits for 12 epochs.

   • Outcome: After 72 hours, they claim their bonds, acquiring additional PYRA tokens at a discounted rate.

8. Summary

The Epoch Mechanics within the Pyramid Financial ecosystem establish a structured and efficient framework for staking, reward distribution, compounding, and bond management. By segmenting operations into consistent 6-hour epochs, the platform ensures:

• Predictability: Users know when rewards will be distributed and when they can unstake their tokens.

• Flexibility: Users can stake at any time, accommodating various investment strategies.

• Growth Incentives: Compounding and bond mechanisms encourage users to reinvest and maintain their stake, fostering long-term engagement.

• Financial Stability: Controlled unstaking and reward distribution maintain the platform's financial equilibrium, ensuring sustainability.