Protocol Mechanics
Hubble Protocol operates through sophisticated mechanics designed to maintain stability, reward participation, and adapt to changing market conditions. These mechanics create a balanced ecosystem that can respond dynamically to various scenarios.
Mission Control
Mission Control serves as the central governance and staking module for $xHUBBLE holders. By staking in Mission Control, users gain the ability to influence protocol decisions while earning rewards from multiple sources. This module plays a crucial role in maintaining protocol alignment with stakeholder interests.
During Pregenesis, $HUBBLE holders begin locking their tokens for $xHUBBLE and staking them in Mission Control. This establishes the initial governance structure that will control emissions and the whitelisting of liquidity pools. Importantly, this control extends beyond Genesis, ensuring continuous community governance of the protocol's development.
Mission Control's authority is specifically limited to pairs that include either $HUBBLE or the pegged token $EX. This focused scope ensures that governance remains concentrated on the core components of the protocol's ecosystem. During Genesis, xHUBBLE holders staking in Mission Control can allocate their votes to their preferred tokens on the whitelist, directly influencing the distribution of emissions.
The contract address for Mission Control is 0x4123a6174270D6a3ffEbd252ac3Ff43e5C26D757 on Sonic, allowing for transparent verification of its operations.
Dark Energy Module
The Dark Energy Module functions as a specialized staking platform for $xEX holders, creating additional utility and rewards for the protocol's locked pegged token. This module particularly shines during challenging market conditions, providing countercyclical incentives that support protocol stability.
During dark epochs, when $EX trades below its peg, the Dark Energy Module receives enhanced emissions. Specifically, during standard Dark Epochs, 4 $xHUBBLE is emitted exclusively to this module, creating strong incentives for participation during market downturns. This concentration of rewards helps maintain engagement when the protocol faces headwinds.
The module also receives a portion of penalties from early exits of locked positions, creating an additional reward stream for participants. This mechanism recycles value from short-term participants to those demonstrating longer-term commitment, strengthening the protocol's economic foundation.
Last updated