Demiourgos Library
Snake Tokenomics
Snake Tokenomics
  • Introduction
    • Ouroboros
    • Auryn
    • Elite-Auryn
    • Vested Tokens
  • OURO Supply
  • OURO Distribution ERDs
    • Branded SCs
    • TxTriggers
  • Snake Tokens Specifications
    • OURO Coil (Autostaking)
    • OURO Curl
    • AURYN Uncoil
    • AURYN Coil
    • Elite-AURYN Uncoil
  • Demiourgos Elite
  • DEEP™ Engine
  • Emission
  • Daily Issuance
    • [9%] Treasury
    • [10%] Shareholders
    • [3%] Developers
    • [3%] Raffles
    • [32%] Liquidity Farming
      • [22%] OURO Liq. Farming
      • [10%] Stables Liq. Farming
    • [15%] Autostaking
    • [15%] Subsidiary Staking
    • [5%] Snake Staking
    • [8%] VAULTs™
  • Kadena Daily Issuance
  • Burn and Recycling
    • Token Burn
    • Token Recycling
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  1. Daily Issuance
  2. [32%] Liquidity Farming

[22%] OURO Liq. Farming

22% of the Daily Issuance distributed as AURYN

Previous[32%] Liquidity FarmingNext[10%] Stables Liq. Farming

Last updated 1 year ago

22% of the Daily-Issuance is reserved for OURO Liquidity Farming. OURO Liquidity Farming is represented by the OURO Liquidity.VAULT™, described at length . Rewards are distributed daily as AURYN at the daily Auryndex™. Distribution is planned:

  • 16% for VestaX.Finance™ DEX OURO based LPs.

  • 6% for xExchange™ DEX OURO based LPs.

All VestaX.Finance™ DEX OURO based LPs are eligible to earn from this allocation via this VAULT™.

People can add in the OURO Liquidity.VAULT™:

  • Native Ouroboros-LPs:

    • VestaUSDCOUROLP: VUSDCOURO-57b356

    • VestaOUROVSTLP: OUROVST-0f725f

    • VestaOUROESTARLP: OUROESTAR-c5e65a

    • etc.

  • Exotic OURO-LPs:

    • Frozen OURO-LPs

    • Sleeping OURO-LPs

    • Blessed OURO-LPs

    • DOVA LPs.

  • Secured LPs generated from SLIP:

    • Secured OURO-Estar LP

    • Secured OURO-VST LP

    • Secured OURO-bVST LP

    • Secured OURO-KOSON LP

    • Secured OURO-XLH LP

    • Secured OURO-GSC LP

    • Secured OURO-SSC LP

The allocation of rewards is determined based on the OURO value of the LP Tokens, permitting multiple OURO-LP Tokens to be collectively staked within the VAULT™.

Typically, rewards are distributed in the form of AURYN. However, there are specific special NFT Boosters that will result in their boosted amount not being distributed in AURYN. These special cases include:

  1. XBunnies NFTs with Ouroboros Rain Trait (only 50 Units), 5% boost in Elite Snake Power: the boosted Amount will be distributed as OURO instead of AURYN.

  2. Legendary XBunnies with Elite-AURYN Rain (only 5 Units), 60% boost in Elite Snake Power: the boosted Amount will be distributed as Elite-AURYN instead of AURYN.

  3. Legendary XBunnies without Elite-AURYN Rain (only 5 Units), 40% boost in Elite Snake Power: the boosted Amount will be distributed as Elite-AURYN instead of AURYN.

Withdrawal Fees

There are no fixed unbonding periods for withdrawing LP Tokens from the OURO Liquidity.VAULT™. However, it's essential to be aware that withdrawal fees are applicable. Additionally, it's important to note that when you add more LP tokens into the VAULT™, it will reset the base epoch timer, which is used to calculate the associated fees.

Fee
Time Period in Epochs (Days)

3%

0-1 Days

2%

2-3 Days

1%

4-19 Days

No Fees

20 Days or More

Extracting Frozen OURO-LPs from the VAULT™ incurs no fees, because Frozen OURO-LP cannot be used anywhere else.

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