It's a fully autonomous liquidity and incentive infrastructure built for on-chain games requiring a counterparty asset vault ๐ฎ Here are some highlights from their recent article: ๐๐
๐จโ๐ปDevelopers:
Build your games using the WINR Protocol smart contract game engine and achieve 1-sec finality providing a seamless user experience ๐
Propose games to the $WINR #DAO and get it plugged into the deep Liquidity Pool, providing direct payouts to your players ๐ฐ ๐
Incentivize your players with vWINR emissions and earn a commission from the vWINR minted through your smart contracts ๐ค
๐ฎ For Players:
Each game is played and settled immediately on-chain through immutable smart contracts โ๏ธ
$WINR ๐๐
Get your incentives immediately paid on each transaction in the form of vWINR ๐ธ
Transparent incentives - promotions are rewarded on-chain, with no hidden leaderboards and no jackpots that never get distributed ๐ โโ๏ธ
Decentralized oracles generate random numbers with no tampering
๐ฐ For Investors - Liquidity Providers:
Mathematically protected edge for your liquidity ๐ช
On-chain incentives to drive volume, rewarding players a portion of your revenues ๐ค
$WINR - ๐๐
Autonomous and decentralized reserves with no ownership, providing the house from using your funds for malicious activities ๐
$WINR - ๐๐
๐๏ธ $WINR Roadmap:
Q1, 19 - Q1 22: Planning, structuring, and simulating the framework.
Q2 22 - Q1 23: Building and testing the protocol.
Q1, 23: An incentivized testnet is launched, allowing users to test the platform and provide feedback before the mainnet release. ๐๐
Feb: The audit process begins, and the fair launch on Camelot commences, and $WINR starts trading.
Mar: The first ecosystem project, JustBet, is released on mainnet alongside $WINR Protocol.
Q2, 23: Extra incentive programs for liquidity providers will be launched for WLP. ๐
The second ecosystem project, 0xsportsbet launches its testnet.
Q3, 23: Introducing concentrated liquidity for WLP to offer liquidity providers a selection of the risk they want to take while purchasing WLP. ๐
๐โโ๏ธ Pool Structure:
The $WINR Liquidity pool consists of several ERC20 tokens and works as an index composition of assets in the basket.
The $WINR Liquidity pool currently has the following assets and weights. DAI - 50%, wETH - 35%, wBTC - 15%. ๐
The targeted weight, minimum buffer, and maximum capacity are governed by the $WINR #DAO, and may be changed daily depending on the pool composition๐
Liquidity Pool has introduced a centralized-like experience for players to "withdraw" their rewards in a token they like within its composition
๐ The rewards or output currency of any transaction could be selected before the player initiates a transaction, making it trustless๐
๐ฐ The WLP #ERC20 token represents the underlying assets in the $WINR Liquidity Pool. It is a liquid token with a value of #USD and can be used as collateral or for farming strategies through various vaults ๐๐
๐ฑ Providing liquidity to the $WINR Liquidity Pool mints the address proportional WLP tokens to the liquidity provided. WLP tokens could be bought or sold at any time by directly interacting with the $WINR Protocol smart contracts or through the interface ๐๐
๐ธ There is a minimum of 0.15% and a maximum of 0.75% fee while purchasing or selling WLP, and the fee range is decided by the targeted weights of the #ERC20 token the transaction is being made with ๐๐
๐ The price of WLP appreciates over time as players lose tokens, and these assets are added to the index composition.
๐ There are several rebalancing mechanisms in the $WINR Liquidity Pool, governed by the $WINR #DAO to keep up with the demand from players ๐๐
๐น๏ธ The $WINR Protocol may host a variety of games and platforms, such as casinos, sports betting platforms, betting mechanisms inside on-chain games, and more.
๐ The native token and initial incentive of the $WINR Protocol is called $WINR, while a portion of the $WINR supply is allocated as ecosystem rewards in the form of vWINR ๐๐
๐ฅ Staking vWINR grants 2x weight in the Bribes pool, while staking $WINR grants 1x weight in the Bribes pool to incentivize long-term locking of $WINR ๐๐
๐ 30% of the supply is distributed to the players in each transaction that calls a game contract connected to the $WINR Protocol, and 7.5% of the supply is distributed to the liquidity providers in the WLP index composition ๐๐
๐ To boost the initial Annual Percentage Rate (APR), 2.5% of the supply is distributed to the $WINR/vWINR staking pool. ๐ฐ The emissions are controlled by a strategy contract with constants updating each epoch ๐๐
๐ข The vWINR minted per transaction is determined by:
The number of tokens paid as bribes to the $WINR/vWINR staking pool
The $WINR price in the open market
A minting multiplier that ranges between 0.5x to 2x, subject to halving ๐๐
โฐ The halving periods are as follows:
Beginning: 0.5000 - 2.0000 (0-40%)
First Halving: 0.2500 - 1.0000 (40-70%)
Second Halving: 0.1250 - 0.5000 (70-90%)
Third Halving: 0.0625 - 0.2500 (90-100%)
๐๐
๐งฎ The vWINR token smart contract uses different formulas depending on the volume in the last epoch. Make sure to check out the Epochs page to learn more about how this works๐๐
๐ For each vWINR minted for the players, a fourth of the amount is minted for the WLP holders. That means if 100,000 vWINR is minted throughout the day, WLP holders get 25,000 vWINR to claim at any time
I have run out of space to continue but will finish at a later date!
@WINRProtocol@ChadCaff saw your call and decided to somewhat break down the information they have available
โข โข โข
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Let's look into @NeRF_ERC20
$NERF is a new technology that allows 2D media to be rendered into a 3D environment, making it look like it's being filmed by a drone or crane! ๐๐ฅ
๐๐
๐ค The tech behind it is called Neural Radiance Fields (NeRFs), and it's a deep/machine learning tech that not many people can use yet. But fear not! $NeRF is here to change that.
๐๐
๐ $NeRF is building scalable platforms on Telegram and the web that will allow anyone to use this technology easily and conveniently. ๐ป
๐ฐ๐ง Introducing @BlackRabbitAI - $BRAIN, the platform that aggregates various #AI tools into one user-friendly platform, reducing the time and effort needed to get an effective result. The platform includes a guided, optimized prompt process that encourages users to... ๐
...select optimal inputs and structure for the chosen #AI tool. The end result is simple yet powerful, improving the relevance and quality of content by an order of magnitude while reducing the time to production by up to 80% - $BRAIN ๐
๐ The platform launched in Q1 2023 and conducted a fair soft launch of its $BRAIN token on Uniswap in January 2023 to raise funds for further development. ๐
๐ถ๐ Introducing @DogPadFinance - $DogPad is a one-stop-shop for token creation and management on the Shibarium network built on the Ethereum network! ๐๐
๐ $DogPad's LaunchPad is the central hub for projects looking to launch an #IDO. It provides an easy-to-use interface for managing the #IDO process, including token distribution and fundraising. ๐๐
๐ฅ 70% of the revenue generated by the utilities provided by $DogPad is used to buy and burn $Dogpad tokens monthly, which helps maintain the stability of the ecosystem and provide long-term value for token holders. ๐๐