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process of unstaking Elite-AURYN from the Elite Account is termed the "Elite-AURYN Uncoil" In this procedure, AURYN is withdrawn from the Coil SC, and an equivalent amount of Elite-AURYN is burned, consistently preserving a 1:1 ratio: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:

STT1 (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)

  1. 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:

  2. 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:

  3. 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:

  4. 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.

  5. 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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