Coming soon
Buy $ACRE 1 to 1 with $ETH
With $ACRE you can do 2 things:1) Hold $ACRE to earn dividends on Greenpoint developments
2) Solidify $ACRE w/ 1 $MDT to create TOTEM ( ~677,433 possible )
With TOTEM you can do 2 things:1) Staked in the contract it earns from the daily $MVT rollout
2) Unstaked it builds manifestation potential
Manifesing:TOTEMs that are not staked, will earn from a secondary $MVT pool.
The $MVT earned is locked away until the the holder of the TOTEM asks the oracle if he/she is
worthy.
This is a subjective community decision. When asking they can provide a contract address. (optional)
The community/oracle has to approve the request, and once they do, there is the $MVT payout.
This process is called Manifesting. and Once a totem has been manifest it can not deconverted and it can not manifest again.
The goal of $MDT is to drive community participation with manifestation rewards.
$MVT is like insurance since it's backed by the price floor and reserve & it will get locked up quick at the beginning
Dynamic Formulas$MVT Rollout:There is a reserve associated with the daily rollout. The % of totem unstaked is the percent of that reserve that will be distributed that day. This is because the majority will take the daily $MVT rewards. It's easier to earn $MVT that way.
$ETH distribution:$ETH used to buy $ACRE is split 2 ways
X% goes to the $MVT insurance price floor
Y% goes to the Greenpoint team to jump start portals into the real world
Y% = the % of weight that is
Staked TOTEM. ( $ACRE and TOTEM are both measure their weight in $ACRE )
If Greenpoint is earning a lot for $ACRE holders, new purchases of $ACRE are building up insurance
If people staking TOTEM a lot, more goes Greenpoint for development
TOTEM to $MDT conversion:When converting TOTEM back to $MDT, some of the $ACRE weight of that TOTEM is burned.
The % burned is the % weight that is TOTEM in the ecosystem.
This burn can be prevented if an $MVT equivalent of weight is sacrificed.
The $MVT bonus drives up the value of $MVT (since it's saving something that cost $ETH) & it locks up that $MVT in a place that it is hard to get (manifesting)
This burn incentivizes holders to hold TOTEM long & put down significant weight.
The first thing paying $ACRE holders will be the decentralized bridging technology from the Obelus team. So there will be immediate value soon after this community contract launches.
