Announcement | Trojan&iliad finished upgrade, new adjustment will be on May 1

4 min readApr 17, 2023

Dear Aresians, Ares Protocol completed the upgrade of its regular staking product Trojan&iliad on April 11, and the new round of regular staking has been calculated according to the latest APY, ranging from 20% to 40%.

At the same time, in order to meet the demand for the Mainnet, Ares Protocol decided to further restructure and consolidate the original product line and upgrade the Trojan&iliad regular staking product. Starting May 1, 2023, the new round of regular staking will still be based on the latest APY, but will no longer be open for the 270-day and 360-day classes of regular products. For a higher APY, users can choose the mainnet Odyssey staking, which currently offers an APY of 89.4%!

Regular Staking Adjustment APY

The existing regular staking products retain 5 tranches, which are 60 days, 120 days, 180 days, 270 days, and 360 days. The APYs are 20% for 60 days, 25% for 120 days, 30% for 180 days, 35% for 270 days, and 40% for 360 days.

Since April 11, Trojan&iliad's regular staking products have been subject to the latest APY for award calculation. If you would like to participate in the new regular staking, please note the relevant contract address at

Trojan

ETH Network

60 days: 0x197278795f8f54f5a7cb2908de450102ca462822

120 days: 0xea269b10bd0a13b05bd6c36327aa7b38d74ee867

180 days: 0x95ce4986edfcfa7bfc69ae88de29816c5b428ddc

270 days: 0xcf31702ffab888690c8ca7d55bea7dc983ec3ce6

360 days: 0x67176d19bfdd39b883909507ff74a3c6fadf0450

iliad

BSC Network

60 days: 0x6aa58248c222f09b053206cf8f84126fed0a9daa

120 days: 0xf7a04612b0c6a2a542e731023337e72f3811b473

180 days: 0xb73908ab98e622ac8ea51ded6c33c51d4306866d

270 days: 0x5908b99f531319394dd43922fb0bef1ab4b5ba38

360 days: 0x768c8b1c97033e8dc7c7501ff345507c6164282c

Suspension of 270-day & 360-day regular staking

The team has decided to adjust the slots of Trojan&iliad regular staking products from May 1, 2023, keeping only 3 slots of 60, 120, and 180 days.

This means that new staking will no longer be accepted for the 270-day and 360-day regular staking.

If your 270-day or 360-day staking remains in effect until May 1, 2023, you will continue to receive 35% and 40% APY until the staking period expires. However, if your staking has expired and the principal is not withdrawn in a timely manner, you will not receive new income. To ensure your return on earnings, it is important that you withdraw your reward and principal in a timely manner.

High returns on mainnet Odyssey staking

While Trojan&iliad’s regular staking products have waned in their place in the overall structure of the program, Ares Protocol has been committed to continuing to reward the community. Currently, Ares Protocol’s mainnet Odyssey has been running for over six months and has surpassed 35,700,000 ARES of total staking volume with an APY of 89.4%.

Since the launch of the mainnet Odyssey, the technical team has launched price prediction and price alert functions developed based on the Ares chain. At the same time, Ares Protocol has also opened the “Ares Technical Community” to gather a group of like-minded technical developers through discord to provide support for the ongoing development of the mainnet Odyssey.

If you join the Mainnet Odyssey, you can become a nominator or validator by staking according to past tutorials and getting a generous annualized reward. We look forward to your joining us and contributing to the development of Ares Protocol!

Ares Protocol, the decentralized cross-chain Oracle service in Polkadot ecosystem

Ares Protocol is a decentralized cross-chain oracle platform that introduces a truly new generation of cross-chain oracle service protocols with on-chain data verification and is the first to open a compensation channel for data users in case they suffer business losses due to the use of data provided by the oracle.

Ares Protocol is an oracle solution with security using VRF, developed on the Substrate framework, and it supports hybrid Babe and off-chain workers. It integrates Polkadot’s latest on-chain governance, brings the Optimistic Rollup challenge model into the oracle field, supports the Ink contract ecosystem, and brings better oracle services to DeFi Developers.

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