AURYN Uncoil

Unstaking from Autostake

Unstaking from Autostake, also known as "AURYN Uncoil," involves the procedure of removing OUROBOROS from the Autostake Pool. In this process, AURYN is burned, and OURO is minted at the prevailing AURYNDEX™ rate:

• Quantity: AURYN Uncoiling quantity can be chosen at will.

• Positions: 7 concurrent AURYN Uncoils are permanently possible regardless of Elite-Account Tier.

• Duration: Each Elite-Account Tier shortens the AURYN Uncoiling-Duration on ALL POSITIONS by 1 Day (DEB v1.0):

  • Tier N,0,: AURYN Uncoiling-Duration is 21 Days

  • Tier 1: 20 Days

  • Tier 2: 19 Days

  • Tier 3: 18 Days

  • Tier 4: 17 Days

  • Tier 5: 16 Days

  • Tier 6: 15 Days

  • Tier 7: 14 Days

• Duration in Hours for AURYN Uncoil in DEB v2.0 is as follows:

ST	T1	T2	T3	T4	T5	T6	T7
nT0	504
nT1	504
ST1	480	456	432	408	384	360	336
ST2	478	454	430	406	382	358	330
ST3	476	452	428	404	380	356	324
ST4	472	448	424	400	376	352	318
ST5	468	444	420	396	372	348	312
ST6	464	440	416	392	368	344	306
ST7	460	436	412	388	364	340	300

• Costs: Each subsequent concurrent AURYN Uncoiling, has increased AURYN Uncoiling-Fees:

  • This offers great flexibility in the unstaking Mechanism, and with 7 fee Thresholds, there is more Granularity in the Fee-System.

  • Since OUROBOROS is extremely scarce in it’s Issuance and Distribution, the fees are in Permille.

  • AURYN Uncoiling generates Fees in OUROBOROS.

  • AURYN Amount is multiplied by the AURYNDEX™, resulting in the OUROBOROS equivalent, and from this amount the Fee from the Table below is subtracted, before sending the remaining Amount to the Address that executed the AURYN Uncoiling.

  • The lowest Fee of the 7th concurrent AURYN Uncoiling-Batch equals the highest Fee of the first AURYN Uncoiling-Batch, as seen above.