Ignition: APWine (APW) Token Reactor Deposits Now Live

This post was originally published here

The APWine (APW) Token Reactor is now live for deposits. You may now begin depositing APW and earn TOKE on tokemak.xyz

tAsset Reminder

All Token Reactor deposits give you 1:1 tABC assets that are a claim on the underlying deposited assets. If you deposit 10 APW, you will receive 10 tAPW tokens. Please keep in mind you’ll need these tAssets to withdraw your deposited assets. Additionally, the wallet that holds the tAssets will be the wallet to which TOKE rewards accrue.

While deposits are now live, active liquidity deployment is not — meaning your APW tokens are not being utilized as liquidity just yet. Tokemak’s active liquidity deployment will begin soon, so stay tuned for more information as we approach that phase.

Cycles Reminder

Tokemak operates on Cycles. These Cycles are currently set to ~24 hours (daily), with weekly claimable TOKE rewards. When liquidity deployment goes live late Q4, a Cycle will be set to a weeks time, with TOKE still claimable weekly.

If you deposit assets into a Token Reactor, you won’t begin to accrue TOKE rewards until the start of the next Cycle, so be sure to get your APW deposited before the start of the next Cycle (indicated on the front page of the UI). Additionally, if you request to withdraw your assets, you won’t be able to fully withdraw them until the start of the next Cycle.

Liquidity Director Reactor Voting

Pre-liquidity deployment LD Reactor voting is now also live. If you have single asset TOKE staked in the system, you have Liquidity Director votes that can be allocated to the APW Token Reactor. To read more about LD Reactor Voting, see the previous Medium article here.

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Shoutout to the #winemakers and the APWine team for their support and for moving so quickly despite the wine buzz.

The APW Token Reactor may be operated whilst wine-tipsy, so get to depositing and balancing, Pilots.

Discord: https://discord.com/invite/Z5f92tfzh4

Website: https://www.tokemak.xyz/

Medium: https://medium.com/tokemak

Twitter: https://twitter.com/tokenreactor

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Ignition: APWine (APW) Token Reactor Deposits Now Live was originally published in Tokemak on Medium, where people are continuing the conversation by highlighting and responding to this story.

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