Key Takeaways
Staking Analysis
We detail the staking incentives of protocol participants, key protocol parameters, and relevant exogenous factors.
Simulation Methodology
We explain our methodology for agent-based simulations of the NuCypher and define the key parameters that affect staking dynamics.
Results and Analysis
We detail the results of these simulations, providing a model for Nucypher’s equilibrium staking rate based on factors including the supply inflation rate of NuCypher’s NU token, price volatility, and the costs of running a NuCypher staking node.