Metric Description:

The amount of gNSBT staked in the Neutrino Contract provides information about the amount of Surf and NSBT staked. Holders of gNSBT are stakeholders with governance, swap fee revenue, and arbitrage revenue rights in the Neutrino protocol. An increase in the amount of gNSBT from NSBT may indicate a decrease in the circulating supply of NSBT, while a decrease may indicate an increase in the circulating supply of NSBT. This is due to the tendency of NSBT stakers to stay in the staked position for a period of time to avoid paying high unstaking penalties. The NSBT unstaking fee metric provides a more detailed examination of the amounts of NSBT returning to the contract. Additionally, a metric showing how long the NSBT has been staked can be used to identify NSBT staked in the 1-6 month range, 6-12 month range, and over 1 year range to analyze potential unstaking probabilities for users.

The amount of active gNSBT in the contract is calculated as an increase of 1 gNSBT for every 1 NSBT staked and an increase of 1 gNSBT for every 300 Surf staked. Similarly, a decrease of the same proportion is made in case of unstaking.