In the ever-expanding landscape of web3, gaming, and tokenomics, Apeiron's APRS token has emerged as a significant player, with a staggering $75 million worth of RON staked for its upcoming community round on Ronin. Apeiron, the immersive real-time fantasy strategy game, recently initiated its eagerly awaited token sale for $APRS tokens, coinciding with the culmination of its latest Beta phase.

Apeiron is described as the first-ever NFT-based web3 God Game. The much-anticipated ecosystem token $APRS has launched exclusively on the Ronin Network. In this article, we dive into the intricacies of Apeiron's token launch on Ronin, exploring the significance of this event, the unique features of $APRS, and the potential impact it may have on the broader blockchain community. 

Ronin Network Growth

The surge in interest comes as no surprise, considering the overall positive trend observed in the web3 sector and the growing prominence of Ronin, particularly with the continuous success of the popular web3 game, Pixels, which keeps drawing in new players.

Pixels, the popular web3 browser-based social farming game, has recently achieved the milestone of 1.1 million players since its launch on the Ronin Network in October 2023. This development signifies a notable increase in the web3 gaming sector, marked by consistent growth in daily and monthly active users.

Apeiron has seen a steady increase in user growth since migrating to Ronin. Their token launch will serve two purposes: to fuel the growth and development of the Apeiron ecosystem while empowering the community to deepen their engagement through governance at an early valuation. Apeiron also recently released their PvP Open Beta and their new season 3 release with updated story content is just around the corner. 

Apeiron has a rather complex NFT economy. The team posted an official guide in September of 2023 which you can read here. To learn more about Apeiron, visit their website, follow them on Twitter, and join their Discord chat.

More About Apeiron Token?

Apeiron Ecosystem Token

Introducing Apeiros ($APRS)

$APRS is the ecosystem token of Apeiron issued by Foonie Magus, the game’s developer. The token will allow holders to participate in the governance of Apeiron. The relationship between $APRS and Apeiron is similar to the one between $AXS and Axie Infinity. 

You may have heard of Apeiron’s $ANIMA token. $ANIMA is a gameplay token with an infinite supply, which is different from $APRS which is an ecosystem token with a fixed supply. Stay tuned for the $ANIMA token launch coming soon.

The $APRS token will be subject to vesting and unlock requirements. The Apeiron team designed these requirements to ensure $APRS supports a sustainable ecosystem. For example, investors’ token allocations will be held in escrow until they vest according to their own schedule. You can read more about $APRS unlock and vesting timelines in the official Apeiron Whitepaper. 

So far, data on Apeiron's token sale has been nothing short of impressive. In the initial round, exclusively reserved for Apeiron NFT holders, the token sale saw unprecedented success, with the entire allocation of $660,000 selling out in less than a minute. Following this triumph, the second round targeted the broader community, witnessing a similar fervor. Within a mere four minutes, $1.98 million worth of APRS tokens were sold, totaling 18 million APRS.

Now, as anticipation mounts for the upcoming Ronin community round scheduled to commence on 15th March, a significant sum of $440,000 worth of tokens is up for grabs. However, the eligibility criterion requires users to hold staked RON (wRON) in their Ronin wallets. It seems many users are eager to seize this opportunity, evident from the substantial amount of RON staked for APRS allocations.

According to new figures dropped on Apeiron’s X account, over 17.2 million wRON, worth $74.5 million, has been staked for APRS allocations. To take part in the Ronin community round, users must stake their RON via the Ronin launchpad. The staking window closes on 15th March, after which the allocation follows.

Ronin Community Round

The Ronin Community Round will take place on March 15th, and the Ronin community will have the option to buy 4M $APRS. Community members will be able to purchase $APRS through a Standard Sale and an Unlimited Sale. Allocations are based on the amount of wRON staked into Ronin Launchpad and time staked from March 13th. 

Note: The wRON you stake on Ronin Launchpad has no relation to the RON you may have staked with a validator on Ronin. That means you’ll need to stake fresh wRON on Ronin Launchpad to be eligible for the $APRS, regardless of any RON you may have staked to a Ronin validator.

Key Dates

wRON Staking period

13th - 15th March 6:00 AM UTC

During this period, stake wRON on Impossible Finance’s Ronin Launchpad to see how many $APRS tokens you’ll be able to purchase. Impossible Finance determines token allocation using their StakeWeight Allocation Model, which takes into account how many wRON tokens you stake and for how long you stake them. Read more here, and follow the steps below to wrap your RON.

Step 1: Go to Mavis Market and select “Log In” to connect your Ronin wallet.

Step 2: Click “Swap RON/WRON" through the drop-down in the top right of your screen.

Step 3: Enter the amounts you’d like to swap and hit confirm!

APRS Purchase period

15th March 10:00 AM UTC to 17th March 4:00 AM UTC

During this period, you’ll be able to purchase $APRS according to your allocation based on the StakeWeight Allocation Model described above. If you don’t purchase $APRS during this time, you will forfeit your allocation.

APRS Claim period

26th March, with the confirmed time to be announced later. You can claim your APRS tokens on Aperion's vesting portal here. You can learn more about the way Impossible Finance structures token launches here. Refer to #9 for specific info about Standard and Unlimited sales.

The $APRS Standard Sale will be allocated a total of 2.4M tokens, with a 1000 wRON maximum stake. This allocation was designed to give smaller RON holders the opportunity to acquire more $APRS.

The Unlimited Sale will be allocated 1.6M tokens. There is no cap on the amount of wRON staked in this method, so large RON holders may stake large amounts to compete & maximize their allocations here.

Remember: 100% of $APRS tokens will remain locked until $APRS is listed on either the Katana DEX or another exchange.

Final Thoughts

Apeiron joined the Ronin movement in December and has already seen explosive growth since they migrated to Ronin. Their four NFT collections have already done over 75K RON in volume, and their monthly active users have grown from 50 to 24K in just a few months. The launch of their $APRS token is another step in a journey that is just beginning.

This article was inspired by an original blog post from Ronin you can read the full post on their website here for more information.