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Mar 2 โ€ข 26 tweets โ€ข 7 min read
๐Ÿ“ข Let's look into @WINRProtocol - $WINR

It's a fully autonomous liquidity and incentive infrastructure built for on-chain games requiring a counterparty asset vault ๐ŸŽฎ Here are some highlights from their recent article: ๐Ÿ‘‡๐Ÿ‘‡ Image
๐Ÿ‘จโ€๐Ÿ’ปDevelopers:

Build your games using the WINR Protocol smart contract game engine and achieve 1-sec finality providing a seamless user experience ๐Ÿš€
Propose games to the $WINR #DAO and get it plugged into the deep Liquidity Pool, providing direct payouts to your players ๐Ÿ’ฐ ๐Ÿ‘‡
Incentivize your players with vWINR emissions and earn a commission from the vWINR minted through your smart contracts ๐Ÿค‘
๐ŸŽฎ For Players:

Each game is played and settled immediately on-chain through immutable smart contracts โ›“๏ธ

$WINR ๐Ÿ‘‡๐Ÿ‘‡
Get your incentives immediately paid on each transaction in the form of vWINR ๐Ÿ’ธ
Transparent incentives - promotions are rewarded on-chain, with no hidden leaderboards and no jackpots that never get distributed ๐Ÿ™…โ€โ™‚๏ธ
Decentralized oracles generate random numbers with no tampering
๐Ÿ’ฐ For Investors - Liquidity Providers:

Mathematically protected edge for your liquidity ๐Ÿ’ช
On-chain incentives to drive volume, rewarding players a portion of your revenues ๐Ÿค

$WINR - ๐Ÿ‘‡๐Ÿ‘‡
Autonomous and decentralized reserves with no ownership, providing the house from using your funds for malicious activities ๐Ÿ 

$WINR - ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ—“๏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. ๐Ÿ‘‡๐Ÿ‘‡
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. ๐Ÿ‘‡
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. ๐Ÿ‘‡
๐ŸŠโ€โ™‚๏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%. ๐Ÿ‘‡ Image
The targeted weight, minimum buffer, and maximum capacity are governed by the $WINR #DAO, and may be changed daily depending on the pool composition๐Ÿ‘‡
Liquidity Pool has introduced a centralized-like experience for players to "withdraw" their rewards in a token they like within its composition

๐Ÿ‘€ The rewards or output currency of any transaction could be selected before the player initiates a transaction, making it trustless๐Ÿ‘‡
๐Ÿ’ฐ 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 ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ’ฑ 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 ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ’ธ 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 ๐Ÿ‘‡๐Ÿ‘‡ Image
๐Ÿ“ˆ The price of WLP appreciates over time as players lose tokens, and these assets are added to the index composition.

๐Ÿ”„ There are several rebalancing mechanisms in the $WINR Liquidity Pool, governed by the $WINR #DAO to keep up with the demand from players ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ•น๏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.
๐Ÿ’Ž 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 ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ‘ฅ 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 ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ“Š 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 ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ“ˆ To boost the initial Annual Percentage Rate (APR), 2.5% of the supply is distributed to the $WINR/vWINR staking pool. ๐Ÿ’ฐ The emissions are controlled by a strategy contract with constants updating each epoch ๐Ÿ‘‡๐Ÿ‘‡
๐Ÿ”ข 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 ๐Ÿ‘‡๐Ÿ‘‡
โฐ 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%)

๐Ÿ‘‡๐Ÿ‘‡
๐Ÿงฎ 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 works๐Ÿ‘‡๐Ÿ‘‡ Image
๐ŸŽ 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

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