# Principles

* No passive emissions. Staking alone does not earn rewards. APY is generated via Buyback & Burn.
* Rewards require Activity. Rank and Duration only act as multipliers on Activity.
* Rank multipliers are tiered and sublinear. Capital matters but does not overwhelm contribution.
* Duration rewards loyalty over time. Partial stake changes do not nuke history. Full exit resets.
* Non-stakers who contribute Activity can earn at a baseline multiplier.