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. Snake Tokens Specifications

AURYN Coil

Staking in to the Elite Account

The process of staking AURYN into the Elite Account is referred to as the "AURYN Coil" During this process, AURYN is kept in the Coil SC, and an equivalent amount of Elite-AURYN is minted, always maintaining a 1:1 ratio. This process is mediated and can be initiated at the user's discretion.

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Last updated 1 year ago