Elite-Auryn

EliteAuryn: ELITEAURYN-slLyzPPCo22W
Frozen EliteAuryn:
Sleeping EliteAuryn:
Vested EliteAuryn: V|ELITEAURYN-FPqVjgTGl4N8

Elite-Auryn (Ticker ELITEAURYN) is an Ouronet DPTF Token, representing autostaked Auryn, and is therefore the Reward-Bearing Token in the EliteAuryndex (ATS-Pair name) ATS-Pair.

Statistics

  • Elite-Auryn is minted and burned solely by the Autostake Smart Ouronet Account in response to staking and unstaking to and from the EliteAuryndex ATS-Pair, with its supply being autonomously controlled in this manner.

  • The amount of Auryn in the EliteAuryndex (ATS-Pair name) ATS-Pair, divided by the total amount of EliteAuryn, results in the EliteAuryndex (ATS-Pair Index). This index determines the value of EliteAuryn in terms of Auryn and is one of the metrics of the EliteAuryndex (ATS-Pair name) in which EliteAuryn functions as the Reward-Bearing Token.

Functionality

  • EliteAuryn is designed as an "ultra-solid" store-of-value due to its valuation in Auryn. Simply owning EliteAuryn increases Auryn for its whenever events take place that increase the EliteAuryndex (ATS-Pair Index)

  • Auryn has a fixed 10% 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)

  • All Elite-Auryn variants count towards Demiourgos Elite Account, a Tier based bonus system, that brings multiple boosts and benefits across all of the Ouronet Ecosystem.

  • Can be frozen into Frozen Elite-Auryn, a special DPTF Token, locking it in place. Frozen Elite-Auryn can never be converted back to Elite-Auryn, the only way to move it to another Standard Ouronet Account is through repurpose, an action that can only be done by Elite-Auryn Token Manager, as a means of relocation in case its resident Ouronet Account is lost.

  • Can be put to sleep into Sleeping Elite-Auryn, a special DPMF Token, locking it in place, over a so called "sleeping period". At the end of this Period, Sleeping Elite-Auryn can be converted back to Elite-Auryn. Sleeping Elite Auryn can also be repurposed.

  • Can be vested into Vested Elite-Auryn, a special DPMF Token, to create a vesting mechanism.

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