Snake Tokens Specifications

General Specifications for Ouroboros, Auryn and Elite-Auryn

The Index designating the valuation of AURYN compared to OUROBOROS through Autostaking (see next page) is termed AURYNDEX™.

Investors receiving OUROBOROS and Vested OUROBOROS will have access to a 1.[000 000 000|000 000 000] AURYNDEX™ before daily emissions start.

Staking

1. Staking OUROBOROS and minting AURYN is termed OUROBOROS Coiling.

2. Unstaking OUROBOROS and burning AURYN is termed AURYN Uncoiling.

3. Staking AURYN and minting Elite-AURYN is termed AURYN Coiling.

4. Unstaking AURYN and burning Elite-AURYN is termed Elite-AURYN Uncoiling.

Time Intervals

1. OUROBOROS Coiling can be done immediately.

2. AURYN Uncoiling-Duration = 21 Days (scaling down with Elite Account Tier)

3. AURYN Coiling can be done immediately.

4. Elite-AURYN Uncoiling-Duration = 70 Days (scaling down with Elite Account Tier)

Transfer Fees

1. OUROBOROS is a standard ESDT. It doesn't have a transfer fee

2. AURYN is a transfer restricted ESDT. It has a 5% transfer fee.

3. Elite-AURYN is a transfer restricted ESDT. It has a 10% transfer fee.

4. Vested-OURO/AURYN/Elite-AURYN are meta-ESDTs and are non transferable.