Auryn
Auryn (Ticker AURYN) is an Ouronet DPTF Token, representing autostaked Ouroboros, and is therefore the Reward-Bearing Token in the Auryndex (ATS-Pair name) ATS-Pair.
Statistics
Auryn is minted and burned solely by the Autostake Smart Ouronet Account in response to staking and unstaking to and from the Auryndex ATS-Pair, with its supply being autonomously controlled in this manner.
The amount of Ouroboros in the Auryndex (ATS-Pair name) ATS-Pair, divided by the total amount of Auryn, results in the Auryndex (ATS-Pair Index). This index determines the value of Auryn in terms of Ouroboros and is one of the metrics of the Auryndex (ATS-Pair name) in which Auryn functions as the Reward-Bearing Token.
Functionality
Auryn is designed as an effective store-of-value due to its daily valuation in Ouroboros. Simply owning Auryn generates Ouroboros for its owner on a daily basis.
Auryn has a fixed 5% Volume Fee for transfers, which does not apply when operating within the Autostake Pair (i.e., staking and unstaking). The fee applies only to transfers between Ouronet Accounts.
This fee contributes to increasing the EliteAuryndex (ATS-Pair Index) of EliteAuryndex (ATS-Pair name), a secondary ATS-Pair in which Auryn acts this time as the Reward Token (see below).
Functions as the single Reward Token in the EliteAuryndex (ATS-Pair name), where it can be autostaked, generating Elite-Auryn, Elite-Auryn being the Reward-Bearing-Token in this secondary ATS-Pair.
Can be vested into Vested Auryn, a special DPMF Token, to create a vesting mechanism.
Auryn can be autostaked and vested in a single transaction, generating Vested-Auryn.
It can also be double-autostaked and vested in a single transaction, generating Vested-EliteAuryn.
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