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

[5%] Snake Staking

5% of the Daily Issuance distributed as AURYN

Previous[15%] Subsidiary StakingNext[8%] VAULTs™

Last updated 1 year ago

Snake SFT Owners can stake their their SFTs, in order to earn a share of the 5% of Daily-Issuance reserved for Snake Staking. Rewards are distributed daily as AURYN at the daily Auryndex™.

Each staked Snake SFT is worth 100 Snake Points (SS = Snake Score) for this purpose. The score of all staked Snake SFT is multiplied by the DEB™, in order to determine the share of users rewards.

It is worth nothing that the 100 Snake Points each Snake SFT is worth are similar to the Subsidiary Points and are comparable, even though they do not stack directly, since the rewards are computed separately.

However, they are comparable, because a common ground must exist due to DEB Conversion. You can read more about DEB Conversion .

here