MIST and AURUM Tokens

Summary

There are 2 tokens in the Alchemist DeFiVerse, MIST and AURUM (Latin for Gold). The MIST token has a higher emission rate than the AURUM token. MIST therefore has a larger circulating supply which increases at a higher rate to AURUM. This is similar to what you would see in layered farming. You will also note that there are incentives to mine AURUM and MIST and each pool has different rewards to help with this.
Name: Alchemist DeFi MIST
Emission Rate
  • Initial emission rate: 0.7 MIST/Block
  • Final and current emission rate: 0.3 MIST/Block
  • Emission reduction: the emission rate has been reduced by 5% every 9,600 blocks (~8 hours) automatically to current level
  • BSC produces a new block every 3s: Therefore 6 MIST is being minted every minute.
  • These MIST tokens are used to pay the yield created on the MIST farms.
  • Supply : Unlimited to the extent that MIST will be minted for as long as there is yield farming on the contract. Once Yield Farming Stops, no more MIST will be minted as the Contract no longer mints.
Name: Alchemist DeFi AURUM
Emission Rate
  • Initial emission rate: 0.006 AURUM/Block
  • Final and current emission rate: 0.001 AURUM/Block
  • Emission reduction: the emission has been reduced by 5% every 9,600 blocks (~8 hours) automatically.
  • BSC produces a new block every 3s: Therefore 0.020 AURUM is being minted every minute.
  • These AURUM tokens are used to pay the yield created on the AURUM farms.
  • Supply : Unlimited to the extent that AURUM will be minted for as long as there is yield farming on the contract. Once Yield Farming Stops, no more AURUM will be minted as the Contract no longer mints
Last modified 4mo ago
Copy link