> For the complete documentation index, see [llms.txt](https://roaring-lion-1.gitbook.io/roaring-lion/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://roaring-lion-1.gitbook.io/roaring-lion/getting-started/lionsden-boardroom.md).

# LIONSDEN (boardroom)

When the TWAP of $LION is >1.01, the boardroom/lionsden distributes $LION every epoch to the stakers based on the predetermined emissions rate, which is based on the supply. These rewards are distributed to everyone who has staked their $LSHARE/DAI LP in the boardroom/lionsden.

* Epoch duration: 6 hours.
* Stake of **$LSHARE/DAI LP** into Boardroom will lock $L**SHARE/DAI LP** for 8 epochs (48 hours).
* Reward lockup 4 epoch. However, every time a user claims rewards or stakes more funds, the unstake lockup will be reset to 8 epochs (48 hours).
* You can not claim rewards during contraction or upcoming contraction phase.
* During the expansion phase (LION TWAP >= 1.001 USDC.e): Up to 2.0% / 4.0% supply is minted and distributed:

**40%** to Boardroom **40%** to DAO Fund **10%** to Insurance Fund **10%** to Development & Marketing.

There is a **2%** tax fee per stake. The unstake fee is **0%** during expansion, and **5%** on contraction period. These fees will be used to buy back LION (to Insurance Fund).

### Orientation to Boardroom Staking <a href="#orientation-to-boardroom-staking" id="orientation-to-boardroom-staking"></a>

**Epoch number** refers to the current epoch in which Roaring Lion protocol is in.

1. **Next Seigniorage** indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)
2. **APR** refers to the simple returns in USD value relative to the amount of LP staked (USD value)

{% hint style="info" %}
Note: APR fluctuates from time to time and is dependent on certain factors such as:\
\- Price of LION\
\- Price of LSHARE\
\- Amount of LP staked in Boardroom (Locked Value)
{% endhint %}