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

OURO Coil (Autostaking)

DH-AP™ aka the Coil Smart Contract

The DH™-AP (Demiourgos.Holdings™ Autostake-Pool), commonly referred to as "OUROBOROS Coil" (Coil Smart-Contract), embodies a distinctive manifestation of the OUROBOROS Staking-Pool concept. This innovative construct facilitates the automated compounding of OUROBOROS Staking-Rewards, obviating any requirement for manual intervention on the users part. The consequential advantages encompass both temporal efficiency and economic prudence, given the elimination of the necessity to reinvest accrued Staking-Rewards.

Functionally delineated, this system operates as follows: Individuals seeking to engage in OUROBOROS staking can effectuate such participation by "coiling their OUROBOROS". During the nascent phase, a symmetrical volume of AURYN is minted and subsequently allocated to stakers for each unit of OUROBOROS coiled. Evidently, this initial configuration enshrines the AURYNDEX™ at 1.[000 000 000|000 000 000], reflecting a parity of 1:1 OUROBOROS and AURYN.

The DH™-AP is powered by a 15% allocation from daily OUROBOROS emissions. It also gains from allocations emerging from developing modules. This boosts the initial Autostaking yield. Pending modules are set to enhance DH™-AP considerably. Modules to channel OUROBOROS into DH™-AP:

  1. Liquidity Farming: 12%

  2. Subsidiary Staking: 15%

  3. Snake Staking: 5%

  4. VAULT™ Allocations: 8%

Example:

To provide a tangible illustration, let us delve into a hypothetical scenario where the DH™-AP garners a discrete 15% of the Daily-Issuance. Lets consider the OUROBOROS amount existing currently in the Coil SC, standing at 56.610 OURO, that with an AURYNDEX™ of 1.[000 000 000|000 000 000] generated 56.610 AURYN.

Considering 15% of the daily emission set to be distributed in the first year, an extra of 52.183 OURO will be funnelled in the DH-AP™ making for a total of 108.793 OURO.

Therefore after 1 Year, the original 56.610 AURYN will be worth 108.793 OURO, making for an yearly APR of 92.17% a and an AURYNDEX™ of 1.[921 798 268|857 092 386]

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Last updated 1 year ago