$HBR Utility

Staking $HBR — Higher $AMB Yielding Liquidity Pools

Through Harbor’s staking system, $HBR holders can unlock access to higher-yielding $AMB liquidity pools. Users can stake any amount of $AMB at a base APY rate of 23%, while staking $HBR opens up additional tiers, offering a higher APY.

The following outlines the staking tiers and their rewards:

In this system, users can stake $AMB without any $HBR requirements. To access the additional pool offering 35% APY on $AMB, they must stake the required amount of $HBR, up to the defined limits for $AMB staking (300K $AMB) on a 20M $AMB pool limit. With a multiplier offered by this pool, the amount of $HBR tokens users stake will permit them to stake 3X $AMB up to a maximum of 300k with a 6-month lock period. In practical terms, if users want to stake 300,000 $AMB, they must stake 100,000 $HBR as well.

Staking $HBR - Borrow $KOS or $AST (Coming Soon)

Harbor also can provide users with the ability to stake $HBR as collateral to borrow either $KOS or $AST. This feature allows users to leverage their staked assets without liquidating them. Users that stake $HBR will have access to a set amount of $KOS and $AST that they can borrow. $KOS and $AST can be sold, traded, or sent to other wallets, and be used on Kosmos and Astra to fulfill a variety of functions on those platforms. To retrieve their staked $HBR, users must return the full amount of borrowed tokens in their wallet, where they can exchange them for their $HBR.

The amount of $KOS and $AST the user receives will be relevant to the circulating supply of $HBR and the current amount of $KOS and $AST allotted to Harbor in terms of looped value. The equation for calculating the tokens the user can borrow can be seen below:

Borrowed Token Amount = (Token ($KOS or $AST) / $HBR in Circulation ) * $HBR Staked

Example:

• $HBR in Circulation: 5,000,000
• $KOS in Harbor Treasury: 1,000,000
• $AST in Harbor Treasury: 2,500,000
• $HBR Staked: 100,000

Amount of $KOS that User can Borrow = (1,000,000/5,000,000) * 100,000=20,000
Amount of $AST that User can Borrow = (2,500,000/5,000,000) * 100,000=50,000

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