Multiplier Points: rATP
Last updated
Last updated
Multiplier Points function as a means to reward long-term holders with real yield without the need to inflate the native token. When you stake ATG or rATP tokens, you earn Multiplier Points at a fixed rate of 50% APR, with the points accumulating every second. For instance, staking 1000 rATP or ATG for one year would result in the accumulation of 500 Multiplier Points.
You can use your Multiplier Points to earn fee rewards by clicking the "Compound" button on the Dapp. Each Multiplier Point will increase MATIC APR by the same percentage as a regular rATP or ATG token.
If you unstake rATP, esrATP, ATG, or esATG tokens, the corresponding amount of Multiplier Points will also be burned. For example, if you have 500 ATG and 500 esATG staked and have earned 400 Multiplier Points, unstaking 250 ATG would result in the burning of 100 points. The MP burn applies to both staked and unstaked Multiplier Points.
Unstaked tokens /staked tokens * points earned = Multiplier Points burned upon unstaking
(250/(500+500))*400 = 100 Multiplier Points burned
Your "Accelerator Percentage" indicates the amount of boost you receive from your Multiplier Points. For instance, if you have $5,000 worth of ATG and esATG, and the ETH APR is 10%, you would receive $500 in annualized rewards. If you also have Multiplier Points equivalent to 15% of your total staked ATG and esATG, your "Accelerator Percentage" would show as 15%, and you would receive an extra $150 in annualized ETH rewards. This is calculated by dividing your Staked Multiplier Points by your total staked ATG and esATG, then multiplying by 100. Importantly, staked tokens can be transferred across wallets without burning Multiplier Points.
Accelerator Percentage = (Staked Multiplier Points) / (staked ATG + staked esATG)*100
Example:
Accelerator Percentage of 40% = 400 Multiplier Points earned / (500 ATG + 500esATG)*100
To learn how to accelerate multiplier points even further, check out “Burn-to-Earn” and Series C NFT’s: