A5T: Taker-Driven Mining (Emissions)

Trade-Driven Mining: 30m A5T tokens will be mined from the total token supply of 50m tokens (60% of the total supply). A5T will be distributed on Alpha5 on a pro-rata basis as per a pre-determined emission schedule to traders that account for, on a daily observation (determined from 00:00 UTC to 23:59:59 UTC) fee-paying trade volume. Eligibility and distributions will commence on March 1, 2021. Until then, there will be no distribution. Any A5T distributed on Alpha5 will only be eligible for trading/withdrawal after an equivalent of $5,000 USDT (per A5T) fee-paying volume has been registered by the trader.

For the first 30 days of Emissions (month of March): 88,888 A5T will be distributed on a daily basis. And subsequent daily emissions will follow the schedule above.

Example:

On March 1, 88,888 A5T is set to be distributed to Alpha5 Takers.

Let’s say the Taker fees paid on Alpha5 is ‘X total’.

If a trader registers 10% of the fees of ‘X total’ (pro-rata, not volume), they would get: 10% * 88,888 A5T = 8,888 “locked” A5T. Similarly, if a trader registers 20% of fees of ‘X total’, they would get 20% * 88,888 A5T = 17,776 “locked” A5T. Your % of the ‘X total’ of Taker Fees paid (pro-rata, not volume) on that specific day on Alpha5 corresponds to your % of the daily distribution of “locked” A5T. This happens everyday in line with the Emissions schedule.

*Thereafter the equivalent of 5000 USDT of Taker volume that is registered unlocks 1 A5T.

**Locked A5T will sit in your account for 180 days, to which when time expires these locked A5T will get burned.

We hope to achieve a fair/proper reward system where A5T will accrue naturally to the ‘most active participants’ on Alpha5.

We understand there is a small float of A5T on Uniswap: https://info.uniswap.org/pair/0x7d34F36bdD18e67783Df5d4Df9092c83614f9033

Join Telegram group to learn about Alpha5 ($A5T) here.

A5T Token Information here.

Bitcoin Derivatives Platform