Avarice is designed to provide maximum benefit to the stakers. Users will buy AVC tokens with BNB on our easy to use dApp. They can then stake their tokens to earn interest paid in AVC along with their share of the BNB dividends from the daily auction lobby. Users can make as many stakes they want for as long as they want up to a maximum of 300 days. The longer the stake, the more interest you earn, all while enjoying staking bonuses along the way. Simple.
Our daily dividend payout is split as seen, over a period of time.
For example, assuming day 3 ended with a 100 BNB entry, that BNB will be divided by 3 as it’s day 3, and split out over 3 days in chunks of 33.3 BNB. Another example; day 10 ends with 100 BNB, and these BNB are split into chunks of 10 which are sent out over 10 days. As the days go on and the pools grow in size, these dividends will keep going and adding allowing for much stronger and stable payouts! This caps at day 60. This also ensures that our project can live a longer lifespan and adds to the game theory behind the staking of the tokens themselves.
Bonus Tokens
Users receive bonus AVC tokens on their active stakes which is highly based on the duration of their stakes. Longer the duration higher the bonus percentage.
What is the Dividends pool?
94% of all BNB that enters the daily auction lobby is pooled to be distributed back out to the stakers, which we call the dividends pool. At the end of each day the BNB dividend pool will be calculated and allocated to all of the open stakes based on their staked amount.
How is the Dividends pool calculated?
As shown on the next slide daily dividend payout is split over a period of time. For example, assuming day 3 ended with a 100 Lobby BNB entry, that BNB will be divided by 3 as it’s day 3, and split out over 3 days in chunks of 33.3 BNB. Another example; day 10 ends with 100 BNB, these BNB are split into chunks of 10 which are sent out over 10 days. As the days go on and the pools grow in size, these dividends will keep going and adding allowing for much stronger and stable payouts! This caps at day 60. This also ensures that our project can live a longer lifespan and adds to the game theory behind the staking of the tokens themselves.
