Genesis Phase Overview
π Genesis Staking: 1/8 of XUSD Disbursement
π‘ Eligible Tokens for Staking (Click to expand)
Eligible Tokens for Staking:
- PLS
- PLSX
- INC
- eHEX
- pHEX
- pDAI
- Atropa
- 1SWAP
- LOVE.IO
- BFF
- AFFECTIONβ’
- NBAβ’
- TeddybearγΎ
- A1A
- Finvesta
- FKO
- FRENS
- DEX
- LEMON
- SIMP
How to Stake:
- Purchase Assigned Tokens: Ensure you have enough eligible tokens to stake and earn XUSD.
- Approve Contract: Authorize the staking contract to access your tokens.
- Stake Your Tokens: Deposit the selected tokens to begin earning XUSD rewards.
- Earn XUSD: Accumulate XUSD as rewards are distributed over time.
π Genesis Trading: 7/8 of XUSD Disbursement
We encourage community leaders to submit a Community Wallet, which can be whitelisted to create LP tokens paired with XUSD. Community members trading on these LP pairs will be eligible for XUSD rewards if they maintain a high Vibe Score.
π How Genesis Trading Works:
π Example of Genesis Trading (Click to expand)
Example:
If XUSD is paired with SIMP, any trades between XUSD and SIMP using that LP token will be eligible for rewards. To qualify, you need a Vibe Score of 450 or lower. Here are the rules:
- The lower your Vibe Score, the higher your reward potential.
- Buying XUSD yields more rewards, while selling results in fewer rewards.
- The trade size also factors into the reward calculation.
π― Daily Rewards Limit
Each LP pair will be capped at 250,000 tokens per epoch, with a total epoch cap of 1,500,000 tokens across all tradeable pairs. Initially, fewer tokens will be available, but limits will increase as more LP tokens are added.
Each user is capped at 2,500 XUSD per epoch per LP pair. These limits may be adjusted to ensure fair distribution.
π Key Benefits:
- Community Growth: Leaders are encouraged to whitelist LP tokens with XUSD or launch new tokens. This is a great opportunity to grow your community while benefiting from our marketing reach.
- Mutual Success: When individual communities grow, we all grow together.
β³ Duration of Genesis Phase
The Genesis phase will last up to 25 weeks, but this may change based on the progress of the project. This flexible approach ensures the community and ecosystem can grow sustainably.
- Initial Supply: 1 billion tokens
- Weekly Distribution: 40 million tokens
- Weekly Value: Once pegged to $1, this equates to $40 million distributed weekly.
πΌ Whitelisting LP Tokens
To whitelist an LP token, you need a Vibe Score of 300 or lower. Alternatively, contact Surfacing8671 for assistance.
Community leaders who successfully whitelist LP tokens will be granted the prestigious LEGATUS rank, which carries a voting weight of 2 points, double that of regular community members.
For more details, read the Praetorship documentation.
β Qualification Criteria
To participate in the Genesis phase:
- Earn 50 Good Vibes by depositing any eligible token into the Genesis staking contract.
- If you unstake, you'll receive 50 Bad Vibes.