Astronaut Tier Update

  1. Whales can buy into the top tier, then sell out of the tier right after each IDO, causing a large dump to our price.
  2. People whitelisting are not so “committed” to invest in the IDO’s this will cause us to have pools that are heavily under subscribed (its already a fact that we can’t oversubscribe but having a 30% subscription would look very bad)
  3. Price dumps occur even on the low level after IDO’s and burn / distribution doesn't benefit the holders who rather just invest in $NAUT as much, we become a platform that just caters to IDO’s and not at all to ourselves.
  4. It would be very hard to make a system where a holder who is in the galaxy tier wants to just get a small allocation from the moon tier, but he is whitelisted into galaxy because of his holdings. He then ends up filling his allocation only 20% again causing an undersubscription to the IDO’s
  1. Participants who stake their IDO’s lose 8% total through staking then un-staking, this helps control the amount of dumps we have after IDO’s. Users won’t just sell out and say well rebuy at a later time when the next IDO comes out because then they lose another 8%.
  2. Distribution of tokens and burn is heavily sped up. Giving holders of $NAUT who just want to invest in the platform a reason to stay with us. This also gives reason for new investors to buy $NAUT
  3. Participants of the IDO’s will be committed to buy into the IDO’s if they have “ate the fee” or burned their tokens, this will better allow us to have data on the amount of subscription we will have.
  4. $NAUT holders can choose the tier they want to get into. A large holder of 100,000 NAUT tokens can choose to get into the lowest tier and just grab a small allocation
  5. Let's not forget the burn and distribution is relative to everyone! It works by holdings, so the larger your holdings the more you receive when the token burns and redistributes.
  6. This allows us to lock the tokens for the duration of the IDO’s controlling the platform more and giving you a simple process of how to get access to the pools without room for error.
  • Moon - 500
  • Mars - 1500
  • Star - 2500
  • Galaxy - 5000
  • Black Hole- Unreleased

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Astronaut.to

Astronaut.to

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Protocol for decentralizing the way your ideas raise capital. Built on the Binance Smart Chain — astronaut.to