Atocha Points & Rewards
Parameters | Value | Description |
---|---|---|
Atocha Point Redeem Period Length | Every 168 hours (1 week) | Every 168 hours, users will be able to redeem ATO with Atocha Points accumulated. Note: Only top 5 in the leaderboard will get to claim every week. Once redeemed, those not making to the top will have a chance. |
Atocha Point Redeem Record Duration | 12 era (day) | The record of AP redeemed will be kept on chain for 12 era. |
Atocha Point Redeem Shortlist | 5 slots (top 5 leaderboard) | Based on the user base, the slots will be adjusted accordingly for the weekly redeem. |
ATO Issuance per Block | 0.0992 ATO | This is the total ATO issued for every block that will be redeemed with AP on every week. |
Atocha Point Generation Rate | Every 24 hours | Once the puzzle received sponsor, AP will start to be generated and updated every 24 hours. |
Challenge Deposit Threshold | 60% of Total Prize (ATO) | Every Challenge Deposit will need to be over 60% of the ATO Prize Value to become a valid Challenge. |
Challenge Deposit Raise Duration | 72 hours upon Challenge Initiated | Once Challenge is Initiated, it will last for 72 hours for the Judges to produce a verdict. |
Storage Base Fee | 1000 ATO | Basic storage fee which prevents exploitation on Arweave capacity use. |
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