Alchemist Defi
  • Alchemist Defi Project Information
  • The Alchemist Defi Project
    • Our Roadmap
    • Listings and dApp Applications
    • How we burn tokens
    • Migrator
  • Tokenomics
    • Contracts
    • MIST and AURUM Tokens
  • Island Of Aura
    • Lore
    • Breeds of OWL
    • Owl Characteristics
    • The Owls Of Origin
    • Origin Levels
    • Breeding
    • Roadmap
  • Security
    • Audit
    • Timelock
  • Community
    • Bug Bounty Program
    • Socials - Where to find us?
  • Help and FAQ
    • FAQ's and Tips
    • Terms and Glossary
  • Changes
    • Aurum Contract - Changes May 7 2021
Powered by GitBook
On this page

Was this helpful?

  1. Tokenomics

Contracts

There are currently 2 tokens in the Alchemist DeFiVerse, and as such there are 2 contracts. One for MIST and another for AURUM.

There are 3 contract types, Token, Masterchef and Timelock. Below is a description

Token Contract

This contract is the creator of the MIST token, the contract creates new MIST tokens and also controls the transfer process. The token contract itself is owned by the MIST Masterchef, which means that only the masterchef can now mint new tokens.

Always make sure when you interact with the project that you check the token contract ID. Scammers can easily create tokens that look like the original and trick you into buying fake tokens.

Masterchef Contract

The masterchef contract is the core of the functionality that is provided by the project. It controls emmission rates, minting, pools, deposit fees etc. As this contract owns the Token contract, it can mint new MIST based on the emission paramaters outlined in the contract configuration. The masterchef is owned by the timelock, which means that all major changes to the masterchef need to go through the timelock first.

When doing your own research, check to confirm that the masterchef is the owner of the token, and that the masterchef is owned by the timelock contract. You can also check and confirm the dev wallet and fee address in the masterchef.

Timelock Contract

A timelock contract serves one function, that is to ensure that changes being made to the masterchef have to be staged and executed before they come into effect. The minimum time set for this timelock is technically 6 hours, but our project mandate is to run 8 hour updates.

Timelock contracts have 3 main functions. Queue, Execute and Cancel. These functions are used to interact with the masterchef. In order for a change to be made the owner of the timelock contract has to "queue" a change first. Then wait for the time listed in the epochtime to complete before the execute function can be called.

Contract

Address

MIST Token

MIST Masterchef

MIST TimeLock

AURUM Token

AURUM Masterchef

AURUM Timelock

PreviousMigratorNextMIST and AURUM Tokens

Last updated 4 years ago

Was this helpful?

0x6f8fe12cc34398d15b7d5a5ba933e550da1d099f
0x43404359bB38F5135aB8e25c62902015a49A0074
0x5aa13aA7dCB8cb6D23e1Eb3424160BDD1323bBCE
0x49207baa3a7332f0716788aa57b088d499bcc104
0x193765551a49ead3aa8c693f19c4501710cd874d
0x21780bb8baf30598dc70c48d7b74ffad1268bde3