Alchemy Toys staking APR (Shamans Vault)

No financial advice
As you might know GAT holders can stake their GAT at the Alchemy Toys game (go to Shamans Vault for staking). By the end of each epoch ( = round of game) 20% of the Treasury is distributed among the Gat Stakers ( = Shamans). Payouts are done in BNB.
Due to the increased interest and engagement in the Alchemy Toys game, staking has become even more interesting for the Shamans.
Given the IDO price of 0.005 BNB and total staked amount of 130.000 GAT the average APR for the past days has been:

Days                     APR %

        4                       1388.72%

       5                       1005.31%

The increased APR is driven by increased interest and engagement in the game, supported by the staking campaign at BakerySwap.
The rewards as well as all the winnings are paid in BNB (network currency), which makes AlchemyToys currently the most attractive staking project on Binance Smart Chain.
 
We intend to add detailed APR gauge to the Shaman’s page as soon as the time permits after the official liquidity pool at BakerySwap is launched.

Understand how the vault works

Locking GAT into the vault gives you the right to participate in Shamans’ reward payouts starting from the next epoch. The “eligible starting epoch” tells you from which epoch on you are eligible for rewards. Of course, you need to have at least some GAT locked to participate in the rewards.

If you request a payout all reward shares from all your past eligible epochs are paid out to your account. The “eligible starting epoch” is set to the current one (so you can request your share for it in the next epoch).

 Changing locks changes the eligibility epoch!

If you add more GAT, the eligible epoch is set to the current epoch + 1.

Example: you added 100 GAT in epoch #1. This makes you eligible for payouts from epoch #2. If you add more GAT in epoch #2, it will change your eligibility to epoch #3. Hence, when the epoch #3 comes and the rewards for past epochs become available, you will not get any for epoch #2.

This is a technical limitation. As a workaround, you can use another address and lock GAT separately.

Unlocking removes all your GAT from the vault and bumps the epoch to the next one, forfeiting any rewards for the current epoch.

Example: you added 100 GAT in epoch #1. In epoch #3 you unlock your GAT. All the GAT is credited back to you and all outstanding rewards for past epochs are paid out automatically (in this case for epoch #2, if you did not request the payout before unlocking). However, in the epoch #4 you will not get any rewards for epoch #3, independently at what point in time during the epoch you unlocked your share from the vault.

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Background information

Gat Network is a web of connected NFT trading & gaming projects – launched in early 2021 by a fully transparent team/company in Germany.

We have already launched several projects live on BSC (fully audited):

  • Assets Exchange Minted Vodka – trade anything for anything
  • Alchemy Toys – p2e game
  • Alchemy Arena – p2e game
  • TOY NFTs – collectible NFTs used in all games
  • GAT – limited, deflationary, low-cap, multi-use-case token
  • Game Ace -the world´s first NFT playable as retro video games

GAT Network is funded and has a long-term cross-chain vision for NFT trading & gaming centered around GAT and the highly flexible Minted Vodka exchange. We refrain from hypes and pump & dump mentality and concentrate fully on building great technology and on organic growth.

Start here is you want to learn more or watch a Video to get an overview.

 

Contract address GAT: https://bscscan.com/token/0xf315cfc8550f6fca969d397ca8b807c5033fa122

CEX: please check this link for the current CEX listings

Liquidity: Pancake Swap / Bakery Swap

Website: https://gat.network/

Twitter: https://twitter.com/AlchemyToys

Telegram Info: https://t.me/gat_news

Telegram Community: https://t.me/alchemytemple

Litepaper / Whitepaper

Published On: July 18, 2021Categories: Uncategorized