Genesis NFT (gNFT)

gNFT is an incentive provided by AtDex to its initial users. Users can stake gNFT to get an additional yield boost in the BasePool (corresponding to the gNFTMultiplier factor of gNFT). At the same time, holding gNFT also grants the right to co-vest in Token projects launched on the AtDex platform.

Gain Yield Boost

Users can stake their gNFTs in the BasePool to receive a boost in their farming yields. The gNFTMultiplier, which determines the size of the yield boost, is directly proportional to the length of time the gNFT is staked.

$$gNFTMultiplier = \frac{(lockDuration * maxBoostMultiplier)}{maxLockDuration}$$

Obtain Asset Covariance Capability

New projects launched on the AtDex platform need to allocate a certain proportion of their tokens for asset covariance. Specifically, the tokens in this part of the covariance do not participate in the presale but can be generated directly through esARR. Before the new project is launched, a whitelist of users who participate in the asset covariance will be drawn. The whitelist is selected from users holding gNFTs (gNFTs in stake do not affect the draw).

Total Supply and Specific Distribution of gNFT

The total supply of gNFT is 1000.