Simultaneous Infinite Auction
This Daily Auction Activates Day 2.
Last updated
This Daily Auction Activates Day 2.
Last updated
The Auction pool will be seeded on Day 1 with 288,888,888 DRACO (this is the equivalent of 100 Day 1 Max Miners)
50% of the AWX sent to the BuyBurn&Grow Pool is allocated to the Infinite Auction Pool.
When auctions begin Day 2:
8% of the balance of the pool (in AWX) buys DRACO from the LP, then distributes that DRACO daily through the auctions. (The Daily Auction Percentage can be adjusted from 2% to 20% in order to fine tune the auctions as the protocol grows over time.)
Daily Auction ROI will compete with Short term miner ROI.
58% to Buy/Burn&Grow
28% DRACO Staking Payouts
3% LP Thickener Pool
3% AWX Treasury
8% Genesis