# TOKENS

## CRYSTAL ($CRS)

* Pegged token to BUSD in ratio 1:1 via seigniorage.
* The built-in stability mechanism in the protocol aims to maintain $CRS’s peg in the long run.
* Listing price 1$/CRS

### Initial supply distribution

Genesis pools: 6000 CRS

Treasury: 5000 CRS (Airdropped)

* The CRYSTAL token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain CRYSTAL's peg of 1 CRYSTAL = 1 USD in the long run.

At the beginning of every epoch, if the time-weighted average price (TWAP) of $CRS is greater than 1, new $CRS will be minted in the ARK by expansion rate (24h): 

| CIRCULATING SUPPLY |                               EXPANSION                               |
| :----------------: | :-------------------------------------------------------------------: |
|      0 - 500k      |                                   3%                                  |
|      500k - 1M     |                                  2.5%                                 |
|        1M +        | For every 25% increase, the max expansion rate will be reduced by 10% |

{% hint style="info" %}
The only way to get CRYSTALS is by staking it through ARK via staking DIAMONDS.
{% endhint %}

For support of PEG, we have set up a flat 0.15% buy fee and a 0.45% sell fee. An additional SELL fee is based on TWAP under PEG as follows:

<table><thead><tr><th width="313">TWAP</th><th>FEE</th></tr></thead><tbody><tr><td>0.98 - 0.90</td><td>5%</td></tr><tr><td>0.89 - 0.80</td><td>15%</td></tr><tr><td>0.79 - 0.70</td><td>20%</td></tr><tr><td>0.69 - 0.60</td><td>25%</td></tr><tr><td>0.59 - 0.50</td><td>30%</td></tr><tr><td>0.49 - 0.40</td><td>35%</td></tr><tr><td>0.39 - 0.30</td><td>40%</td></tr><tr><td>0.29 - 0.20</td><td>45%</td></tr><tr><td>0.19 - 0.10</td><td>50%</td></tr><tr><td>0.09 - 0</td><td>90%</td></tr></tbody></table>

Contract: CRS : 0xa1A5AD28C250B9383c360c0f69aD57D70379851e

## **DIAMOND** ($DIA)&#x20;

* 10 000 max supply
* Listing price 15$/DIA

### Distribution

* TREASURY: 300 DIA (vesting in 12 months) + 1470 airdropped


* LP PROVIDERS: 7730 DIA (vesting in 12 months)


* TEAM WALLET: 300 DIA (vesting in 12 months) + 199.8 airdropped
* 

INITIAL MINT: 0.2 DIA minted upon contract creation for initial pool

Contract: DIA 0xcAE4F3977c084aB12B73a920e670e1665B3fA7D5

{% hint style="info" %}
During epoch expansions, the protocol mints CRYSTAL and distributes it proportionally, to all DIAMOND holders who have staked their tokens in the ARK.
{% endhint %}


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