For the complete documentation index, see llms.txt. This page is also available as Markdown.

How do we determine the incentives for Vesting Swap?

AptosLaunch will be utilising market making revenue as the benchmark to provide the instant bonus % as for the locked incentives. The incentive token will be provided mainly via 3 channels:

  1. Fees charges from other projects that use our proprietary Vesting Swap Function

  2. Market making liquidity revenue

  3. AptosLaunch ecosystem tokens

  4. A limit of daily purchase amount

Here is an example demonstrating how it works:

For example

  • The extra bonus for Vesting Swap is 2% (The bonus rate is constantly changing based on our market making performance and market volatility.)

  • The lockup period is 7 days and each epoch time is 6 hours, which means there will be 28 epochs in total

  • The ALT token price is 0.1 USDT

  1. A user uses 100 USDT to purchase ALT via the Vesting Swap Function with the 2% extra bonus.

  2. The total expected tokens received will be:

USDT * (1+ Extra Bonus) / TokenPrice

100 * (1.02) / 0.1c = 1020 ALT

  1. 1020 ALT will be released to the user across the lockup period; 7 days. There will be a total of 28 epochs for the next 7 days. Each epoch time is 6 hours.

  2. The user will be receiving 36.43 ALT per epoch, which means 145.714 tokens a day for the next 7 days.

  3. Note* Once you have swapped the APT for the discounted ALT using the Vesting Swap Function, the APT will become the protocol own liquidity - stabilizing the protocol

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