Lattice Exchange

Nov 24, 2021

4 min read

Now Live: $ADS Staking on Lattice Exchange

We are pleased to announce that the $ADS staking period is now open on Lattice Exchange! This is the first launch and smart contract deployment from Alkimi Exchange. Users can join the staking pool from 5pm GMT November 24 through 5pm GMT December 24 via the Lattice Exchange platform.

This is a major milestone for both Lattice Exchange as well as Alkimi, whose mission is to yield fewer and better ads on the internet, rewarding users for browsing the internet- not punishing them as they experience today.

Start Staking Now!

“We are very excited to see Alkimi Exchange pave the way for a new era of how people are interfacing with digital technologies and the internet through $ADS. This quality increase is driven by utilizing the Constellation Hypergraph in combination with DeFi staking dynamics and NFTs. The results will be a cleaner and better Internet with a sovereign user at the center.” — Mathias Goldmann, Co-Founder & COO of Constellation

This program follows the extremely successful launch of Alkimi Exchange on Lattice Launchpad in August 2021 and follows some major milestones and announcements of the company including:

There are 2.5 million $ADS tokens available.

“We want to reward the Alkimi Community for staking and holding $ADS, just like they will be when the exchange is live next year. We have an amazing community, and this is to say thanks for all the support they’ve given us this year!” — Adam Chorley, Co-Founder and COO, Alkimi Exchange

The combination of the Staking Pool and the NFT Rewards Collection will allow staking a minimum of 10,000 $ADS tokens to be eligible to draw an NFT from a pool of 500 special NFTs .

Learn more about the AlEx the Alkimist NFT program and claim your community NFT here.

Staked tokens will be locked in for a period of 3 months. There are 5 different types of NFTs: Ultra-Rare, Medium-Rare, Rare, Common and Community NFTs. The Ultra-Rare, Medium-Rare, Rare and Common NFTs unlock additional deposit rewards as per the table below:

How To Stake $ADS On Lattice Exchange

To get started staking, follow the steps below

  1. Register and Login to Lattice Exchange
  2. Connect Your Wallet — We recommend Stargazer Wallet!
  3. Navigate to Staking -> Staking Programs -> Alkimi Staking

4. Input the amount of $ADS tokens you want to stake and approve the transaction from your wallet. This can take some time, but you’ll get a message stating “Staking deposit complete” when it’s done.

5. Confirm by going back up to the Pool details where you’ll see your updated amount of tokens staked in the pool.

“The staking pool is the first step on our roadmap and I’m hugely proud of the team for delivering it so effectively. The Bandwidth Pool will establish the bandwidth required to support our Something For Nothing programme, where ​​we are paying publishers NOT to show ads.

In Q1 next year, we will start working with the world’s best publishers to show fewer, but more relevant ads. This will allow us to support publishers showing fewer, better ads on the internet.

We want to reward users for browsing the internet and with this milestone we are one step closer to doing just that. Bad advertising broke the internet, let’s fix it with $ADS”. — Ben Putley, Co-Founder and CEO — Alkimi Exchange

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Lattice is a DeFi application built with Ethereum and Constellation’s Hypergraph Transfer Protocol (HGTP). Empowering users with advanced AMM algorithms.

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