amountbal 0.0000 HOHM
HOHM
you receive0.0000 sHOHM
apy0%
next rebase--
HOHM0.0000
sHOHM0.0000
gHOHM0.000000
total value--
apy
0%
0.000% / epoch
index
0.0000
staked
0.0%
epoch
#--
sHOHM, the rebasing form
Your sHOHM balance increases every 8 hours. One sHOHM is always worth one HOHM; you simply hold more of them after each rebase. This is the form to hold in a wallet, because the growth is visible.
gHOHM, the index form
Your gHOHM balance never changes; its value grows instead, tracking the index. This is the form to use anywhere a moving balance breaks accounting: lending markets, LP positions, vesting bonds. It is also the voting token.
Rewards are minted by the treasury out of excess reserves, value it holds beyond what is needed to back every circulating HOHM. When reserves cannot cover a reward, the protocol pays what it can rather than halting; staking and unstaking never stop working.
excess reserves$0.00
reward rate0.0000% of supply / epoch
minted next epoch0.0000 HOHM
queued for stakers0.0000 HOHM
USDG in treasury0.00