ARCADIUM Token
The Stadium Arcadium
A mirror to the moon
Well, I'm forming and I'm warming
State of the art until the clouds come crashing
ARCADIUM Token
The ARCADIUM token is Stadium Arcadium's farming token, and it is rewarded by all staking and liquidity pools.
Benefits:
25% of all deposit fees are automatically used to provide liquidity support for ARCADIUM
Beginning in L3, 50% of all dApp income will also be used to provide AMM support for the farming token
ARCADIUM will be directly swappable for Layer 3 tokens!
Transaction Fee:
A 6.66% transfer tax is deducted from each ARCADIUM token transfer, depending on whether the sale is to an automated market maker (AMM) pool:
3% automatically provides automated market making (AMM) support for ARCADIUM
3% goes to MYFRIENDS stakers
0.66% is burned
An additional 2% "Asshole Fee" is charged for dumping tokens on the AMM liquidity pool
Community members are requested to sell their tokens over-the-counter (OTC)
There will be no excuse not to comply with this request in Layer 3, when we release our on-chain OTC engine
Several "Non-Asshole" actions are exempted from all transfer fees:
Staking and unstaking in all Stadium Arcadium pools
Liquidity token formation and destruction
Our special helper contract must be used to obtain the exemption for adding/removing LP
The helper contract will be linked on our website
Market buying (LP pair, 'from' direction only)
Sending to Layer 3 presale contract
Token Details:
Ticker: ARCADIUM
Contract address: 0x3F374ed3C8e61A0d250f275609be2219005c021e
Chain: Polygon Network (MATIC)
Initial supply: 375,000 ARCADIUM
Max Supply: Approximately 1,000,000 + extra referral tokens (reached in ~2 weeks)
In both Layers 1 and 2, we ~2.67x the supply of the farming token in ~2 weeks
Minting of both tokens stops when MYFRIENDS reaches supply cap
Distribution:
Distribution of 325,000-ARCADIUM starting supply:
0 directly to creators (creators receive a 50% share of their allocated ARCADIUM based on their staked MYFRIENDS for partnerships)
0 infrastructure
250,000 to the public (LITHIUM + USDC Presales), according to a LITHIUM price peg taken 4-6 hours before the end of LITHIUM farming
25,000 Partnerships (any not used for partnerships will be burned)
50,000 initial liquidity (any not used for initial liquidity will be moved to partnerships)
Emission Rate:
We are proud to introduce the "Mirror to the Moon" emission pattern!
Initial emission rate: 7.004 ARCADIUM/block
Decreases linearly to 6.920 ARCADIUM/block @ 15 minutes after start
Then, decreases linearly to 0.692 ARCADIUM/block @ 2 hours after start
Then, increases linearly to 1.384 ARCADIUM/block @ 2 weeks after start
What does this accomplish?
Emits >12 hours' worth of emissions in the first 2 hours (compared w/lowest rate)
Displays incredibly high initial APRs
Makes environment incredibly appealing to non-native stakers
Apes will throw in money with both fists
75% of the deposit fees are distributed directly and immediately to MYFRIENDS stakers
Rapidly tapers down emissions after the initial rapid phase
Increases emissions linearly towards the end, reducing changes in daily % supply expansion
Provides more rapid compensation of deposit fees with only a temporally isolated impact on overall emissions
© 2021 Sugandese Tokens
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