Protocol Owned Yield (POY) Model

Silent Protocol’s unique POY model is structured around three core components:

  • Ghost Layer (Encryption Layer): Facilitates private asset storage, payments, trading, and application usage.

  • Infrastructure Layer: The foundational system, including the Silent Yield Farm and treasury, that generates yield for protocol users.

  • Reward Distribution Layer: Users deposit assets to receive GHOST, stake it for SHHHHHH (yield token) with high APY rewards for early users, and earn Silent points to burn for SILENT (revenue token).

From a Flow POV:

  • User Flow: Users deposit assets into the protocol, which are credited (3-4 minute process) to their account within the Ghost Layer. Users stake GHOST to earn SHHHHHH, the yield token, which captures revenue from the Silent Yield Farm and offers high APY rewards for early users. They can also transfer assets privately within the Ghost Layer, send them externally, or interact with 0dApps via EZEE IDs. System interactions earn Silent Points, which can be burned to claim SILENT, the revenue token.

  • Infrastructure Layer: The Ghost Layer integrates with the Silent Yield Farm and a treasury managing multiple strategies. This system aggregates liquidity and invests in on-chain, battle-tested DeFi protocols to generate yield, which supports SHHHHHH buybacks and burns to reduce supply and lock value into the system.

  • Distribution Model: The protocol distributes value through SHHHHHH and SILENT tokens. SHHHHHH, the yield token, represents revenue from the Silent Yield Farm, with its reward rate tied to the total GHOST supply, offering growth for holders. SILENT, the revenue token, provides access to a percentage of the Ghost Layer’s revenue, with its reward rate also based on GHOST supply. GHOST and SHHHHHH are deflationary, while SILENT is not.

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