💎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 $CRS will be minted in the ARK by expansion rate (24h):
0 - 500k
3%
500k - 1M
2.5%
1M +
For every 25% increase, the max expansion rate will be reduced by 10%
The only way to get CRYSTALS is by staking it through ARK via staking DIAMONDS.
For support of PEG, we have set up a flat 0.15% buy fee and a 0.45% sell fee. An additional SELL fee is based on TWAP under PEG as follows:
0.98 - 0.90
5%
0.89 - 0.80
15%
0.79 - 0.70
20%
0.69 - 0.60
25%
0.59 - 0.50
30%
0.49 - 0.40
35%
0.39 - 0.30
40%
0.29 - 0.20
45%
0.19 - 0.10
50%
0.09 - 0
90%
Contract: CRS : 0xa1A5AD28C250B9383c360c0f69aD57D70379851e
DIAMOND ($DIA)
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
During epoch expansions, the protocol mints CRYSTAL and distributes it proportionally, to all DIAMOND holders who have staked their tokens in the ARK.
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