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Odin's Wrath (WRTH)
Odin's Wrath, WRTH, keeps track of Asgardian's unfavorable activities within the ecosystem. WRTH cannot be bought, sold, or transferred - only earned within The Nine Realms.
WRTH tokens are accrued an Asgardian sells a VOLT token. The amount of WRTH generated from the sell is based on the price impact of the sell. The following factors can be used to determine how much WRTH your trade will incur:
  1. 1.
    The first 10% of price impact incurs 1 WRTH per 0.1% price impact
  2. 2.
    Every percent beyond 10% incurs 1 WRTH per 0.025% price impact
  3. 3.
    A sliding scale exists that will allow the Aesir to adjust the threshold for Modest vs. Aggressive WRTH generation. In the above example, this threshold is set at 10%, but in the future this may be scaled up or down based on the health of the protocol.
Mimir's Knowledge: Example: A sell with a price impact of 24% incurs: (10/0.1) WRTH + (14/0.025) WRTH = 660 WRTH
Please be aware that the price impact considered in the mechanism is not identical to the price impact displayed on the DEX.
The table below displays the rate of WRTH emissions for a specific price impact that a sell incurs.
Price Impact %
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20*
WRTH
10
20
30
40
50
60
70
80
90
100
140
180
220
260
300
340
380
420
460
500*
Odin's Warning: Although the table maxes out at a 20% price impact, there is no cap on the WRTH you can accumulate, and you will incur more WRTH with any price impact >20%
The Asgardian Citizenship tiers are dynamic and depend on your reputation ( refer to Reputation System). It is possible for Asgardian to un-rank from their current Asgardian Citizenship tier if they accumulate too much WRTH and go descend to more unfavorable tax bracket.
Mimir's Knowledge
You can be absolved of your unfavourable actions by making sacrifices in a Muspell Volcano.
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