โ๏ธSacred 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, itโs 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 wonโt 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:
โข Completely eliminate bots from taking advantage of the protocol and potentially sabotaging the launch.
โข 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:
โข Sell until (10+N)% of their tokens and the address will considered as "MORTAL"
MORTALThe investor's address who differs from the protocol Sacred Timeline counterpart by creating a SELL event in the last 7 days.
โข HOLD
All holders except MORTALS:
Have access to the weekly lottery
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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