Token Allocation Strategy and Reward Payment at Amsets
The main network of Amsets is Ethereum and it is on it that Genesis Amsets NFTs were created.
Genesis Amsets NFT cost 0.3 ETH. A total of 2,500 NFTs have been released and no more will be released.
Tokens from the NFT sale are distributed as follows:
- From the initial issue: 90% - to Staking Pool, 10% - Amsets initial fees
- Of the weekly rewards: 80% is shared among all NFT holders, 20% is the Amsets reward.
The initial fees and weekly reward of Amsets is in the accounts of Amsets Treasury and is reinvesting to the development of the project.
Tokens in staking are distributed among several blockchain protocols whose nodes we support.
The number of blockchain protocols increases as the Genesis Amsets NFT sale proceeds.
10 NFT = 1 blockchain protocol, but no more than ten protocols.
In the first stage, most of the tokens will be in Ethereum and Polygon.
After the sale of the first 100 NFTs, the new tokens are distributed among the blockchain protocols depending on their market capitalization in USD.
No more than 20% of staking is delegated to one blockchain protocol, with the exception of the Ethereum and Polygon blockchains, where up to 50% of the total number of tokens are delegated.
After selling 10% of the Genesis Amsets NFT issue, i.e. 250 NFTs, options and stablecoins pool farming are used to hedge risks.
The expected return on staking is 17% per year in ETH tokens. It is achieved by distributing tokens between different blockchain protocols with a higher reward for staking.
The average annual volatility of cryptocurrencies against the USD is 70%. That is, on average, one can expect both an increase and a decrease in the value in USD by this amount in a year.
The fair value of Genesis Amsets NFT is equal to the market value of delegated blockchain protocol tokens. NFTs are valued in ETH tokens. Starting price is 0.3 ETH.
Key blockchain protocols used for staking:
- Ethereum
- Polygon
- Cosmos
- Osmosis
- EVMOS
- Juno
- Stargaze
- Axelar
- Aptos
- Near
- Aurora
- Tron
- Tezos
- Polkadot
- Solana
Pending:
- Sui
- LayerZero