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:
Liquidity Farming: 12%
Subsidiary Staking: 15%
Snake Staking: 5%
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]
Last updated