> For the complete documentation index, see [llms.txt](https://chipshop-finance.gitbook.io/chipshop-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://chipshop-finance.gitbook.io/chipshop-finance/how-it-works/platform.md).

# Platform

A description of the protocol settings.

**Chipshop Unique Algorithm Settings:**

* *Deep Fat Fryer (Boardroom) Epoch duration:*&#x20;
  * 6 hours during expansion.
  * 4 hours during the contraction — the protocol reacts faster to stabilise *CHIPS* coin price to peg as compared to other protocols with longer epoch durations.

* *Epoch Expansion:*&#x20;
  * Initially capped at 5% if there are bonds to be redeemed.
  * 3% if the treasury is sufficiently full to meet bond redemption.
  * *MPEAS* tokens do not expire and this greatly reduces the risk for bond buyers.&#x20;
  * Cap will be reduced as the supply of *CHIPS* coins increases.&#x20;
  * See: [Deep Fat Fryer Expansion Table](https://chipshop-finance.gitbook.io/chipshop-finance/how-it-works/counter-expansion-table) for more details.

* The protocol keeps 65% of the expanded *CHIPS* coin supply for *FISH* boardroom stakers, for each epoch expansion, with 35% toward *DAO* Fund. During the debt phase, 50% of minted *CHIPS* coins will be sent to the treasury for *MPEAS* holders to participate in bond redemption.

* No discount for bond purchases, but the premium bonus for bond redemptions occurs if users wait for *CHIPS* coins to increase over the 1 *BETH* peg.

**Participate in CHIPS farming.**

To participate in the protocol, visit the *CHIPS Menu* and select your preferred pool.

**Participate in the Deep Fat Fryer (Boardroom).**

*Deep Fat Fryer (Boardroom)* opens 9 days after the launch date and the first seigniorage will take place 6 hours after that.

*Countdown:* <https://bscscan.com/block/countdown/8297960>
