Learn about Apeiron's ecosystem token $APRS launch on Ronin Network. Explore the significance of this event and the unique features of $APRS.
Eliza Crichton-Stuart
Head of Operations
Apeiron, the first NFT-based play-and-earn God Game, introduces its anticipated ecosystem token, $APRS, launching exclusively on Ronin. This will be one of the first token sales on Ronin, the dates are set between March 12th and March 15th. Interested individuals will have the opportunity to buy Apeiron’s ecosystem token, $APRS.
This article dives 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.
Disclaimer: Please note that any content or information (including any purported market data and statistics) presented or otherwise made available to you in this article is on an “as is” basis and for general informational and educational purposes only, without representation or warranty of any kind. This is not financial advice, always do your own research.
Apeiron is a card-battling Roguelite x God Game hybrid. Players battle their way through a grid-based dungeon with their Apostles while wielding supernatural powers – like a god.
In the most recent PvP release, players can also challenge other gods to fight for rewards and to climb the competitive ranked ladder. It’s both a revival of the classic god simulation genre popular in the early 2000s and a roguelite incorporating modern gameplay design experiences. Players can grow their own planets, control giant Avatars in battle, collect cute dood NFTs, and more.
Apeiron has seen a steady increase in user growth since migrating to Ronin. Their upcoming 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.
$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.
Note: As you read through the sale details below, remember that 100% of $APRS tokens will remain locked until $APRS is listed on either the Katana DEX or another exchange.
Total Supply: 1,000,000,000
Price per APRS Token: $0.11 USD
Fully Diluted Valuation: $110M USD
Vesting: 20% unlock on TGE. 2 months cliff, then 80% block by block vesting over 18 months.
Utility: Creating Planet NFTs, creating Relic NFTs, staking, gacha
The $APRS sale will take place in two separate rounds on the Ronin Launchpad powered by Impossible Finance: the Apeiron Community Round and the Ronin Community Round. Anyone who meets the KYC requirements will have an opportunity to purchase $APRS using $USDC on Ronin.
The Apeiron Community Round will take place on March 12th-15th, and Apeiron NFT holders will have the option to purchase a total of 15M $APRS. The Round will be split in two: the OMEGA Round and the Primeval Round. Read more about Apeiron’s Community Round including the difference between OMEGA and Primeval Rounds as well as their snapshot of NFT holders here.
If you’re an Apeiron player, you’ll be able to claim your purchased tokens on the Apeiron official token vesting portal.
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.
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!
15 March 10:00 AM UTC to 17 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.
26 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.
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.
updated:
March 7th 2024
posted:
March 7th 2024