⚙️5 Years of Rewards Pool (ATX:SWAP.HIVE)
In summary, you can acquire ATX tokens (daily) by participating as a liquidity provider in the ATX:SWAP.HIVE pool. We have also combined a 5-year term distribution with the accrual of a 1% daily bonus to incentivize long-term providers and allow enough time for people to find it.
The ATX (issued) added rewards would have a yearly schedule with different allocations per year. You can find in the table below, how many tokens will be issued in each phase.
1st (w/distribution)
6000
1826
3.28767
0.96
2nd (1 year in)
+100000
1460
71.78082
20.96
3rd (2 years in)
+500000
1095
527.30594
153.97
4th (3 years in)
+5000000
730
7339.08676
2143.01
5th (4 years in)
+100000000
365
280709.31507
81967.12
Note that for the table "Est. Price/Day" above, it was assumed 1 HIVE/ATX exchange rate and a price of $0.29/HIVE. In conclusion, via this channel, a total of 105606000 ATX tokens will be issued (around 10.56% of the maximum supply) during 5 years.
You can see from the below picture how the price matched at the pool launch. Since then, lots of other tokens have been added to the pool rewards. Exchange rates have been varying as well, so please take into consideration all these factors in your learning curve.
The plan for this distribution was announced in this post.
After realizing that the community had some challenges in using liquidity pools, either to swap tokens or to invest in them, @forykw created a series of posts to help in that regard. Deep dive into them and if you have any questions ask within each of them:
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