DROGON Vault Mechanics
47% of the AWX used to mint DROGON will be sent to the DROGON Vault.
Last updated
47% of the AWX used to mint DROGON will be sent to the DROGON Vault.
Last updated
These are the Mechanics of the DROGON Vault that will Max Mine & Max Stake $DRACO to earn $AWX + $DRACO
The DROGON Vault will distribute 50% AWX to the Max Staking pool, 50% AWX to the Max Mining Pool
50% of the DROGON Vault is allocated to the DRACO Max Staking Pool.
When AWX comes in to this pool, it immediately buys DRACO on the market then stakes it - through this path:
AWX > buy DRACO from AWX/DRACO LP > Stake DRACO.
The staking payouts occur every 8, 28 & 88 days in Draco.
When Staking payouts are claimed by the DROGON smart contract, these payouts are denominated in AWX. This is how that AWX is distributed:
71% AWX - Adds to the Max Mining Pool to max mine more DRACO daily
18% AWX - Adds $AWX to the DROGON Buy& Burn/Grow Pool
8% - Adds $AWX rewards to the DROGON Growing hybrid holders
3% AWX - Sends to AWX Treasury
When max stakes mature, Drogon will never claim them - they will be perpetually staked. Essentially locking the staked Draco off the market forever.
50% of the DROGON Vault is allocated to the DRACO Max Mining Pool.
Every Day at Noon UTC, 17% of the balance of the Max Mining Pool will Max Mine Draco with AWX creating a daily mining ladder that will be claimable every day after the first 88 day claim.
After the first 88 day claim, this describes distribution of the claims:
79% DRACO - Max Stakes the claimed DRACO
18% DRACO - Adds $Draco rewards to the DROGON Growing Hybrid holders
3% DRACO to the AWX Treasury
Provides fresh economic energy into Draco everyday.
Recycles the majority of economic energy generated by Draco miner claims back into Draco so it never leaves the Ecosystem
Benefits personal DRACO stakers because DROGON mines daily as well as staking. This is intended to create more consistent payouts for Draco stakers.
Continually feeds the Drogon Vault using revolutionary mechanics.
Generates continuous multi-collateral rewards for NFT Holders.
Boosts DragonX by using AWX to mint - so it burns DragonX and AWX simultaneously.
Burns more and more DROGON over time
Locks up a ton of Draco over time because DROGON never unstakes. and the miners will never stop being created.
Win. Win. Win. Win. Win
