Prometheus Whitepaper
  • ๐ŸŸฃPrometheus Overview
  • ๐Ÿช™$PRMTS Token
    • ๐Ÿ“ŠTokenomics
    • ๐Ÿ’ฒBuy and Sell Fees
  • ๐Ÿ“Roadmap
  • ๐ŸšจSecurity
  • FEATURES
    • โš™๏ธAuto-Compound
    • โš–๏ธSacred Timeline Optimizers
    • ๐Ÿ’ดOLYMPUS DEX
    • ๐ŸฆPrometheus Loans
    • ๐ŸŽจNFT Multiverse
    • ๐ŸŽฎP2E : Rage Of Titans
    • ๐ŸŒ€Prometheus Launchpad
    • ๐ŸŽฒPrometheus Bets
    • ๐Ÿ˜๏ธPrometheus DAO
  • PreSale
    • ๐Ÿฅ‡Presale Informations
    • โœ…How to win a Whitelist ?
    • ๐Ÿš€Launch
  • ๐Ÿ”ตArbitrum
    • โš™๏ธWhy Arbitrum ?
    • ๐ŸฆŠSet up your wallet
    • ๐Ÿ”นAdd funds to your wallet
    • ๐Ÿ”„Bridge Your Assets to Arbitrum
    • ๐Ÿ†™Buy the token on SushiSwap
  • EXTRAS
    • โ“Frequently Asked Questions
    • ๐ŸŒŽSOCIAL
      • ๐Ÿ› ๏ธPartnership
      • โ„น๏ธJoin us
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  1. FEATURES

Sacred Timeline Optimizers

The Sacred Timeline Optimizers are mechanisms that enhance the protocol in order to minimize or eliminate some of the major problems current projects face :

Price stabilizer

When launching, itโ€™s normal that the price will increase. Sometimes this creates massively spikes, which are often followed by a crash. We want to avoid this and we want the price as stable as possible.

We will have a price stabilizer bot that ensures that the price stays within a certain range. If the price is increasing significantly, then we sell $PRMTS, increasing our treasury and liquidity pool and avoiding a big spike. This SALE will be done by using the treasury allocation of the initial $PRMTS supply.

Likewise, we may use the funds gained from selling $PRMTS to later implement buybacks, up to a portion of the total gathered funds. This is to extend the positive price action longer, but not drain the treasury too much by doing so. Buybacks wonโ€™t be needed until months after the protocol has been running.

Sell restriction

It will only be possible to sell :

  • 10% of your $PRMTS during the first week after Launch

  • 20% of your $PRMTS during the second week after Launch

  • 30% of your $PRMTS during the third week after Launch

  • 50% of your $PRMTS during the fourth week after Launch

You can trade 100% of your $PRMTS after 1 Month

This restriction will have two benefits:

โ€ข Completely eliminate bots from taking advantage of the protocol and potentially sabotaging the launch.

โ€ข Making swing trading impossible.

*Every sale has a maximum limit of 1.5% price impact to help reduce volatility and dumping.*

Mount Othrys's secrets

Every week, Investors have the following options:

โ€ข Sell until (10+N)% of their tokens and the address will considered as "MORTAL"

MORTAL

The investor's address who differs from the protocol Sacred Timeline counterpart by creating a SELL event in the last 7 days.

โ€ข HOLD

All holders except MORTALS:

  1. Have access to the weekly lottery

  2. Are increasing their allocation for all the events in our NFT multiverse (MINT) and P2E.

(More details soon)

The lottery ticket

Your address is not MORTAL ? > Stand a chance to win great Prometheus prizes by playing our Lottery!

Avoid the sell event and you will have a ticket for our lottery every week.

(More details soon)

Sustaining APY

In order to maintain sustainability and future growth after 1 year, we will introduce our Sustaining APY system, which will use our log revenue to determine a new APY at the beginning of each month and ensure the long-term health of the DAO and award $PRMTS token holders with continued compound interest in perpetuity.

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Last updated 2 years ago

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