PLUSH Token

The PLUSH token is Stone Temple Binance'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 PLUSH

• 50% of all dApp and other platform revenue will also be used to provide AMM support for PLUSH

• PLUSH will be a payment token for many platform services, including Lootcrate and Slot Machine initially and Poker and our full game later

• PLUSH is useful for staking, as it has high pool multipliers and no transaction tax for staking, unstaking, or making/breaking LP

• If the community decides to move on to Layer 2, PLUSH will be swappable for Layer 2 presale tokens!

Transaction Fee:

• A 6.66% transfer tax is deducted from each PLUSH token transfer by default:

  • 3% automatically provides automated market making (AMM) support for PLUSH

  • 3% goes to STB stakers

  • 0.66% is burned

• An additional 10% "Asshole Fee" is charged for dumping PLUSH on the AMM liquidity pool

  • Community members are requested to sell their tokens over-the-counter (OTC)

  • There is no excuse not to comply with this request, as our OTC engine is audited and released on Polygon Network already

• Several "Non-Asshole" actions are exempted from all transfer fees:

  • Staking and unstaking in all Stone Temple Binance pools

  • Liquidity Provider (LP) token formation and destruction using our helper contract

    • 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 PLUSH tokens (PancakeSwapV2 LP pairs, 'from' direction only)

  • Sending to any Layer 2 presale contract that is implemented after activating the Killswitch function

Token Details:

• Ticker: PLUSH

• Contract address: 0xb16c6118a0f290ECFD5A1f762DD3a77f7E798678

• Chain: Binance Smart Chain (BSC)

• Initial supply: 800,000 PLUSH

• Max Supply: None

  • In both Layers 1 and 2 on Polygon Network (PolyWantsACracker and Stadium Arcadium), the farming token (LITHIUM and ARCADIUM) expanded its supply to ~2.67x of its original value in ~2 weeks

  • This resulted in an initial supply expansion of 11.5%/day for LITHIUM

  • ARCADIUM had a higher emission rate on the first day, which worked well

  • After the initial emission boost, Layer 3 (Darkside Finance) had an initial supply expansion rate of about 4%/day, which was too low. Consumers seem to demand more rapid emissions than this.

  • In Stone Temple Binance, the overall PLUSH supply expansion is 20.5%/day for the first day and 14%/day over the first 2 weeks to ensure both longevity and customer satisfaction

  • The PLUSH emission rate per block is reset at the conclusion of each STB half-life epoch

    • A new emission gradient is calculated that sets a new target emission per block at the end of the next 4-week half-life epoch

    • The rate can also be left constant if no further gradient in emissions is desired

• Minting of both STB and PLUSH tokens stops on a set timetable when Killswitch function is activated

Distribution:

Distribution of 800,000-PLUSH starting supply:

Destination	PLUSH
BUSD Presale	300,000
Polygon Network swappers	300,000
Liquidity	100,000
Partnerships	100,000

• Any tokens that go unsold in the BUSD presale will not be circulated. Any unsold PLUSH will be held for partnerships or remain uncirculated.

• An amount equal to the PLUSH sold in the public BUSD presale will be distributed to Polygon Network swappers.

Emission Rate:

PLUSH will emit a satisfyingly large amount of tokens initially by following the "Mirror to the Moon" emission pattern!

For the initial period after emissions begin, we have retained a modified version of the "Mirror to the Moon" emission pattern, as our experiments with it during Layers 2 and 3 on Polygon Network were successful! The initial emission gradients last 2 weeks.

gradient	time start (hr)	time end (hr)	range top	range bot	total
1	0	0.25	69.42	6.942	11454.3
2	0.25	8	6.942	4.2	51810.3
3	8	24	4.2	4.2	80640
4	24	336	4.2	2.42	1239264

*Note: The PLUSH emission rate can be changed to a new value anytime after the first 3 days if it becomes evident that adjustment is in the best interests of the platform.

Y: PLUSH/block; X: Hours after start

What does the "Mirror to the Moon" accomplish?

• Emits >21 hours' worth of emissions in the first 8 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 gradually to STB stakers

  • 25% of the deposit fees automatically go towards PLUSH AMM support

• Rapidly tapers down emissions after the initial rapid phase

• Reduces emissions linearly towards the end of the first 2 weeks

• Provides more rapid compensation of deposit fees with only a temporally isolated impact on overall emissions

• Slightly More rapid supply expansion than Polygon Network platforms

After the first half-life era (4 weeks), we will set a new linear emission gradient that ends at the end of the following 4-week period to result in the desired supply expansion according to the needs of the platform at the time. The emission can also be kept flat by not entering a gradient. (STB emission halves during each half-life era transition).

© 2021 Sugandese Tokens