# Platform

## Creamery (Boardroom)

* Epoch duration: 6 hours
* Deposits / Withdrawal of CSHARE into/from Creamery will lock CSHARE for 6 epochs and CREAM rewards for 3 epochs. 
* CREAM rewards claim will lock staked CSHARE for 6 epochs and the next CREAM rewards can only be claimed 3 epochs later
* Distribution of CREAM during Expansion

  **80%** as Reward for Boardroom CSHARE Stakers\
  **18%** goes to DAO fund

  **2%** goes to DEV fund
* Epoch Expansion: Current expansion cap base on CREAM supply, if there are bonds to be redeemed, 65% of minted CREAM goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate

### Creamery UI Available information

Next **Seigniorage** indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)                                                                                                               

**APR** refers to the simple returns in USD value relative to the amount of CSHARE staked (USD value).\
\&#xNAN;*Note:* *APR fluctuates from time to time and is dependent on certain factors such as:*

* Price of CREAM
* Price of CSHARE
* Amount of CSHARE staked in Creamery (Locked Value)

### Creamery on Contraction Periods

Creamery will **not** mint any CREAM (*NO REWARDS ON CREAMERY*) while TWAP < 1.01. So it's important that the community plays their part to keep the protocol healthy

### Creamery on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still Cbonds to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the CBOND Redemption. This amount is still reserved  whether or not CBOND holders are redeeming bonds or not.

Once CREAM in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

CBOND emitted per epoch during contraction periods can be found on Regulations.

## Parlour (Shares)

Stake your LP to earn CSHARE tokens

Shares Pools (Shares Reward) available for 12 months:

* CREAM-AVAX LP: 35500 Shares
* CSHARE-AVAX LP: 24000 Shares

## Factory (Bonds)

CBOND (bond tokens) are available for purchase when CREAM falls below the 1 AVAX peg. If CREAM's TWAP is between 1.00 and 1.01, neither CBOND nor CREAM will be issued.

e.g. if CREAM's TWAP < 1, exchange CREAM for CBOND will be in a 1:1 ratio.

CBOND (bond tokens) are available for redemption when CREAM goes above the 1 AVAX peg.

To encourage redemption of CBOND for CREAM when CREAM TWAP > 1.1 and incentivize users to redeem at a higher price, CBOND redemption will be more profitable with a higher CREAM TWAP value, of which CBOND to CREAM ratio will be 1:R, where R can be calculated in the formula as shown below:

&#x20;                       R=1+\[(CREAM(​twapprice)−1)∗coeff)]

Where coeff = 0.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://icecreamfinancial.gitbook.io/icecream-finance/understanding-the-protocol/platform.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.