Already sunset mechanism.
Simply put, this is just defi staking of emissions % and is arguably a legacy mechanism which is less competitive vs. harvesters.
Technically, Atlas Mine sits within PvP as it still does favor the most APR for those with the highest boosts – albeit these emission rates are sharply lower vs. pre-patch (~1/3 only).
With harvesters coming into play, Atlas mine emissions have been reduced by a sizeable share (25-35% of overall emissions as of 9/9/2022) and the other 65% comes from the harvester side.
How do MAGIC emissions work on Atlas Mine after the Harvester patch?
Short version is, Harvesters are a competitive version of Atlas Mine, but due to that very PvP nature, it naturally rugs Atlas Mine emissions – quick diagram of APR gives you a sense (NGMI!)
Tempest will list formulas at the very bottom of this post for theorycrafters, but as of 9/10/2022 writing, the Atlas mine emits only 16% of total emissions (due to just having an average of 20% of all emissions + 20% reduction of those emissions due to insufficient MAGIC being locked.
Use !emissions in the discord for latest Atlas Mine MAGIC emissions.
How do I determine my MAGIC gains or APR?
There are currently no accurate means to determine your share of gains, but generally the highest your boost the more APR, a good reference is MAGICDAO as they hold the king’s share of boosts (unless you are some crazy whale that can beat 1300+% BOOSTS)
Total annual MAGIC emissions were ~7.05% as of writing.
Other Factors that affect Mine emissions
In addition to the above, total % staked affects MAGIC emission ratios per the below table (as of writing 9/11/2022 = 80%):
|% of circulating MAGIC staked||MAGIC emissions|
|less than 30%||0%|
|at least 30%||50%|
|at least 40%||60%|
|at least 50%||80%|
|at least 60%||100%|
Maximum Boosters Limit
- You can only stack a number of NFTs for the mine – they are additive in nature:
- Total Theoretical max: 1715.6% (1000% (pls refer to below LG table) + 315.6% (20 Honey Combs) +400% (12 months)
- Legion tonnage max = 1000%
- 20 Treasures (max limit = 315.6% = 20 Honey Combs)
Staking Time Multiplier
Similar to a time deposit, you basically time-lock your MAGIC deposit for a period of time, longer time horizons mean more emissions.
|Time lock||MAGIC Multiplier|
Staking Legion Boosts Multipliers (capped by tonnage)
Locking your Legion NFTs with it increases your gains further, and yes, higher rarity = moar gains
Stacks additively to Legion NFTs – stacks differently vs. Time Multipliers
|Rarity||Boost||Tonnage (KG)||Boost per KG||Max Tonnage (200 KG)||Max Boost||Spare Tonnage||Comments|
|LG 1/1||600||120||5||1||600||80||Add 2 LG Rare for +400 = 1k|
|LG Uncommon||100||21||4.76||9||900||11||Add 1 LG common for +50 = 950|
|LG Special||75||16||4.69||12||900||8||Add 1 Aux Common + 1 Aux Rare for + 35 = 935|
Stacking Treasures further boosts multipliers (Max 20)
|Name||MAGIC Boost multiplier|
|Cap of invisibility||7.61%|
|Thread of Divine Silk||7.33%|
|Bait for Monsters||7.30%|
|Snow White Feather||6.40%|
|Ivory Breast Pin||6.37%|
|Bag of Rare Mushrooms||6.16%|
|Score of Ivory||5.95%|
|Pot of Gold||5.79%|
|Favor From the Gods||5.55%|
|Jar of Fairies||5.33%|