Rewards

Escrowed ATS

Escrowed ATS (esATS) can be used in two ways: 1.Staked for rewards similar to regular ATS tokens

2.Vested to become actual ATS tokens over a period of one year

Each staked Escrowed ATS token will earn the same amount of Escrowed ATS and ART rewards as a regular ATS token.

Note that Escrowed ATS (esATS) is not meant to be transferable unless you are doing a full account transfer. The amount of ATS or ALP required to vest esATS is unique per account and capped to the rewards received by that account. Please do not buy esATS off the market or OTC as you will not be able to vest them.

Vesting

esATS's holders can choose to vest their esATS tokens to receive ATS. esATS vests linearly and will take one year to fully convert to ATS tokens.

1.Users can claim vested esATS at anytime 2.Users will be able to cancel vesting at any time. Unvested esATS tokens can be returned to staking for rewards

Example:

1.Let's assume Alice has 100 esATS & Alice chooses to vest her entire 100 esATS holdings.

2.After 26 weeks of vesting (0.5 year), Alice can now claim 50 ATS tokens while the remaining 50 esATS remain to be converted.

3.At that time, if Alice chooses to cancel her vesting. She can claim the following:

-50 ATS tokens -50 esATS tokens will be returned to staking

Multiplier Points

Multiplier Points reward long term holders without inflation.

When you stake ATS, you receive Multiplier Points every second at a fixed rate of 100% APR. 1000 ATS staked for one year would earn 1000 Multiplier Points.

Multiplier points can be staked for fee rewards, each staked multiplier point will earn ART at the same rate as a regular ATS token.

When ATS or Escrowed ATS tokens are unstaked, the proportional amount of Multiplier Points are burnt. For example, if 1000 ATS is staked and 500 Multiplier Points have been earned so far, then unstaking 300 ATS would burn 150 (300 / 1000 * 500) Multiplier Points. The burn will apply to the total amount of Multiplier Points which includes both staked and unstaked Multiplier Points.

To transfer staked tokens without burning Multiplier Points, use the "Transfer" button on the Earn page.

The "Boost Percentage" shown on the Earn page shows your individual boost amount from Multiplier Points. For example, if the ART APR is 10% and you have $10,000 worth of ATS and esATS, then your rewards would be $1000 annualized, if you have an amount of Multiplier Points equivalent to 20% of your total amount of ATS and Escrowed ATS, your "Boost Percentage" would display as 20%, and you would get an extra $200 of ART rewards annualized.

The “Boost Percentage” is calculated based on the ratio of Multiplier Points to your total amount of staked ATS:

Boost Percentage = 100 * (Staked Multiplier Points) / (Staked ATS + Staked esATS).

The max boost percentage is 200%, this means that if you have 1000 ATS tokens, and 2500 Multiplier Points, then a maximum of 2000 Multiplier Points can be staked for a boost of 200%; 500 Multiplier Points would be leftover and cannot be staked, to stake these Multiplier Points additional ATS tokens must be obtained, e.g. if an 100 additional ATS is bought then 200 of these 500 Multiplier Points can be staked after.

Compounding vs Claiming

There are two options for rewards on https://dapp.artemis.trade/#/earn: "Compound" and "Claim". Compounding will stake your pending Multiplier Points and Escrowed ATS rewards, this will increase the amount of rewards you receive.

Claiming will transfer any pending Escrowed ATS rewards and ART rewards to your wallet. If you compound or stake your Escrowed ATS tokens, you can unstake them for vesting at any time later on.

Last updated