Elite-AURYN Uncoil
Unstaking out of the Elite Account
The process of unstaking Elite-AURYN from the Elite Account is termed the "Elite-AURYN Uncoil" In this procedure, AURYN is withdrawn from the Coil SC, and an equivalent amount of Elite-AURYN is burned, consistently preserving a 1:1 ratio:
Quantity: Elite-AURYN Uncoiling Quantity can be chosen at Will.
Positions: Until the Elite-Account reaches Tier 2, a single Elite-AURYN Uncoiling is possible. Starting with the 2nd Elite-Account Tier, another Elite-AURYN Uncoiling Position is unlocked. In total 6 more Elite-AURYN Uncoiling Positions can be unlocked, for a total of 7 Elite-AURYN Uncoiling Positions at Elite-Account Tier 7.
Duration: Each Elite-Account Tier shortens the Elite AURYN Uncoiling-Duration on ALL POSITIONS by 7 days:
Tier N,0: Elite-AURYN Uncoiling-Duration is 70 Days
Tier 1: 63 Days
Tier 2: 56 Days
Tier 3: 49 Days
Tier 4: 42 Days
Tier 5: 35 Days
Tier 6: 28 Days
Tier 7: 21 Days
Duration in Hours for Elite-AURYN Uncoil in DEB v2.0 is as follows; in Parenthesis the number of Uncoil Positions are Listed:
ST | T1 (1) | T2 (2) | T3 (3) | T4 (4) | T5 (5) | T6 (6) | T7 (7) |
---|---|---|---|---|---|---|---|
nT0 | 1680 | ||||||
nT1 | 1680 | ||||||
ST1 | 1512 | 1344 | 1176 | 1008 | 840 | 672 | 504 |
ST2 | 1488 | 1320 | 1152 | 984 | 816 | 648 | 480 |
ST3 | 1464 | 1296 | 1128 | 960 | 792 | 624 | 456 |
ST4 | 1440 | 1272 | 1104 | 936 | 768 | 600 | 432 |
ST5 | 1416 | 1248 | 1080 | 912 | 744 | 576 | 408 |
ST6 | 1392 | 1224 | 1056 | 888 | 720 | 552 | 384 |
ST7 | 1368 | 1200 | 1032 | 864 | 696 | 528 | 360 |
Costs: There are no extra costs associated with Elite-AURYN Uncoiling (apart from the Gas Fees).
Functionality: The available open positions and the time to uncoil are computed considering the Elite-Account Tier that would result after the given amount of Elite-AURYN is uncoiled.
Example for a Baron holding 5700 "Staked Auryn" (Elite-AURYN)
Uncoil up to a maximum of 700 Elite-AURYN (in order to remain Baron) on up to 4 Elite-AURYN Uncoiling Positions, and each will have an Elite-AURYN Uncoiling-Duration of 42 Days, or:
Uncoil up to a maximum of 3700 Elite-AURYN (in order to remain Entrepreneur) on up to 3 Elite-AURYN Uncoiling Positions, and each will have an Elite-AURYN Uncoiling-Duration of 49 Days, or:
Uncoil up to a maximum of 4700 Elite-AURYN (in order to remain Investor) on up to 2 Elite-AURYN Uncoiling Positions, and each will have an Elite-AURYN Uncoiling-Duration of 56 Days, or:
Uncoil up to a maximum of 5200 Elite-AURYN (in order to remain Investor) on a single Elite-AURYN Uncoiling Position, which will have an Elite-AURYN Uncoiling-Duration of 63 Days.
Uncoil between 5201 and 5700 Elite-AURYN on a single Elite-AURYN Uncoiling Position, which will have an Elite-AURYN Uncoiling-Duration of 70 Days.
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