How CoreStarter is giving power back to the small investor
Too often all of the best allocations go to the whales who can afford to snatch up thousands of $ worth of tokens at a time, they move them in and out of launchpads as they want to invest in projects and take advantage of the system. Even when small investors manage to obtain a lottery ticket the chances of getting a fair allocation are small. CoreStarter is here to change the game.
Our Algorithm puts the power back in the hands of the small investor, rewarding long term stakers with a multiplier that can land them in a top tier with only a handful of tokens. Did we mention you get up to 75% APY while staking? Let’s take a look at the example below.
Pool weight score is calculated as (tokens*days staked)/10,000
John loves CoreStarter and wants to support it long term, Mary just wants to get into a couple of launches.
John has 1000 tokens, he stakes for 10 days for access to an IDO. (1000*10)/10000 = 1
Mary has 10000 tokens, she stakes for 1 day for access to an IDO. (10000*1)/10000 = 1
Both go into tier 1. Here is where the fun starts.
John has 1000 tokens, he stakes these for 365 days. (1000*365)/10000 = 36.5
John is rewarded for his loyalty by accessing a tier 5 allocation. In that time, John was earning 75% APY, so he’s now in a tier 5 allocation AND has a total of 1750 $CSTR. Did someone say HODL? Now don’t worry about Mary, if she decides to stake long term too, well, you can do the math.
Worth noting too, our staking system actually rewards holders with less tokens a higher APY then those with large amounts. If you stake under 5000 $CSTR you are awarded up to 75% APY, if you are over don’t worry you are still getting up to 60%.
Our vision is to empower the small investors just starting in the crypto space, and create an equal playing field where your opportunities are not limited by how deep your pockets are. Come along for the journey and make our dreams a reality, and be rewarded along the way.
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