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$MOB

$MOB is the native utility and governance token for Mobius. It aligns incentives between lenders, borrowers, and keepers.

Revenue sharing and value accrual

Mobius uses a buyback-and-lock model. The majority of protocol revenue (interest spreads, liquidation fees, builder fee sharing, etc.) flows to the treasury to buy back $MOB. Bought-back tokens are locked in the treasury reserve; after lockup, governance decides their allocation.

Governance

Staking (sMOB)

  • Holders stake $MOB to receive sMOB and voting power.
  • Unstaking requires a 14-day cooldown.

Voting

sMOB holders govern:
  • Interest rate models
  • Liquidation bonuses and thresholds
  • Protocol fee rates
  • Treasury allocation

Token-gated asset onboarding

Adding new assets to the Core Market requires community consensus:
  1. A proposal must reach a minimum sMOB support threshold (signaling).
  2. A formal onchain vote ratifies the addition once the threshold is met.

Ecosystem incentives

To bootstrap liquidity and reliability, $MOB emissions are directed toward:
  • Liquidity Mining: Rewards for lenders, borrowers and liquidity providers.
  • Rebalancer Rewards: Incentives for operators running Rebalancer nodes, ensuring high uptime and reliable transaction bridging.