🪦The Crypt

The Crypt is the minting process of Arbitomb which distributes ATomb to all stakers when it's above peg.

As long as the TWAP of ATomb is >1.01, the Crypt prints ATomb every epoch based on the predetermined emissions rate, which is based on the current supply. These rewards are distributed to everyone who has staked their ASHARE in the crypt.

Any interaction with the crypt will reset both timers. That's 3 epochs (18 hours) to withdraw your ATomb rewards, and 6 epochs to unstake your ASHARE (36 hours).

Epoch duration: 6 hours

Deposits / Withdrawal of ASHARE into/from the Crypt will lock ASHARE for 6 epochs and ATomb rewards for 3 epochs.

ATomb reward claims will re-lock staked ASHARE for 6 epochs and the next ATomb rewards can only be claimed 3 epochs later

Distribution of ATomb during Expansion

80% as Reward for the Crypt ASHARE Stakers

15% goes to the Treasury

5% goes to DEV fund

Epoch Expansion: Current expansion cap base on ATomb supply (if there are bonds to be redeemed) is 65% of minted ATomb going to the Treasury until it's sufficiently full to meet bond redemption. If there is no debt, it will follow the max capped expansion rate.

Crypt UI Available information

Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)

APR refers to the simple returns in USD value relative to the amount of ASHARE staked (USD value).

Note: APR fluctuates from time to time and is dependent on certain factors such as:

Price of ATomb

Price of ASHARE

Amount of ASHARE staked in the Crypt (Locked Value)

The Crypt on Contraction Periods

The Crypt will not mint any ATomb (No rewards in the Crypt) while TWAP < 1.01

Crypt on Debt Phase

Debt Phase takes place on the expansion epochs that start after a contraction period where there are still ABONDs to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for ABOND Redemption.

This amount is still reserved whether or not ABOND holders are redeeming bonds.

Once ATomb in the Treasury is sufficiently filled to meet all circulating bond redemption, expansion rates will return to normal.