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process of unstaking Elite-AURYN from the Elite Account is termed the "Elite-AURYN Uncoil" In this procedure, AURYN is withdrawn from the Coil SC, and an equivalent amount of Elite-AURYN is burned, consistently preserving a 1:1 ratio: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

Depiction of Functionality

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.