Everything EOSPOLY & POLYDICE

in #eospoly4 years ago (edited)

Everything EOSPOLY & POLYDICE

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Blockchain mining has evolved from trade-mining to Dapp-mining and then to liquidity mining, which are all welcomed by the users. As a fair, free, and safe project based on EOS, EOSPOLY integrates various mining modes, including trade-mining, liquidity mining, and bet-mining. EOSPOLY does not have any founder, pre-mining, fundraising, nor tricks. Every user on EOSPOLY has the opportunity to become a real estate tycoon and earn CASH.

CASH Mining Relaunch Time

CASH mining will be restarted soon. Please stay tuned.

POLYDICE Official Launch Time

Nov 27, 2020 08:00:00 UTC

Trading Mining

Through trading on DolphinSwap, the contract counts the user’s transaction volume in each trading pair (valued in EOS) in real time. Every 6 hours is a cycle, user’s rewards are related to their trading proportion of the whole trading volume, and the output of the trading pool. Every 6 hours the trading volume is cleared and a new round of calculation and statistics is started.

Note: The transaction volume value is counted in EOS. Only buy orders are recorded(e.g. buy tokens by EOS), and sell orders are not included(sell tokens for EOS).

Example:

  • Output of DOP/EOS trading pool is 702.57 CASH/6 hours.
  • DOP/EOS purchase trading volume in 6 hours is 1000 EOS, and Alice purchase DOP that values 100 EOS through DolphinSwap.
  • Alice’s reward = 702.57 x 100 EOS / 1000 EOS = 70.257 CASH

Trading pools:

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Liquidity Mining

EOSPOLY will reflect the LP token on DolphinSwap, players can get CASH token from providing liquidity on DolphinSwap.

Liquidity mining pool:

LP pairCASH/EOS - 50/50
Weight40x

Dice Mining

POLYDICE will be able to use CASH and EOS for betting and mining to obtain BOND. BOND will be staked to receive CASH and EOS dividends from POLYDICE. Detailed introduction please refer to POLYDICE.

Bonus

20% of the total amount of CASH tokens is used to set up an independent bonus pool to reward users who rank TOP100 in all trading volume. In order to ensure the long-term sustainable development of the project, allow the majority of users to have space to participate and prevent whales from diluting common users’ income. With TOP100 real-time trading volume, 3 sections are made :

RankTop 20Top21-50Top51-100
Reward Ratio3x5x2x

The rewards will be distributed every minute based on users’ weighted transaction volume, The transaction volume will be cleared every 2 hours.

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CASH token

The total supply of CASH is 3,000,000, which will be all mined within 50 weeks. We have issued 200,000 CASH in the early mining state and the issuance plan of the remaining 2.8 million will be adjusted as follows:

Week1234567891011-50
Issuance Amount (Thousand)2001801601401201009080706040

CASH mining will be restarted soon. Please stay tuned.

Distribution:

  • 70%: Trade + liquidity mining
  • 20%: Trading bonus pool to reward the Top 100 tycoons in terms of transaction volume in real time
  • 5%: POLYDICE dividend pool
  • 5% Team & foundation expenses

POLYDICE

POLYDICE is a decentralized game project based on EOS. It has a bet-mining system in which you can use CASH and EOS to participate in betting games, and at the same time mine BOND. Users are allowed to stake BOND to get CASH and EOS dividends in POLYDICE.

How to Play

  • The betting range is 4-96
  • Players can use the scroll bar to select a range. E.g., if one moves the scroll bar to 80, it means that the player is betting on a value within the range between 0 to 80, and 80 is not included.
  • After betting a certain amount in EOS, CASH, DOP or BOND, please click [ROLL] to start the game.
  • Betting with EOS and CASH will always bring you a certain amount of BOND as dividend rewards, no matter the outcome.

Leaderboard Rewards

  • For TOP players who use EOS to participate in betting, POLYDICE will distribute EOS rewards.
  • The rankings are reset every 24 hours when the data is cleared.
  • POLYDICE will start a 24h ranking competition at 10:00(UTC) on November 27, with a total reward of 3000 EOS for 72 hours! (1000EOS/day)

Referral Rewards

  • Share your referral link to invite friends
  • When a new user joins POLYDICE with your referral link and completes the first bet, the referral is regarded as successful.
  • Every time a referee makes a bet, the referrer will get 0.1% of the bet amount as a commission, which will be sent to the referrer’s account in real time.

BOND Token Issuance

  • The total supply is 10 billion
  • 8 billion will be mined by betting
  • 2 billion will be reserved for the team, which will be vesting during the mining.
  • The production is gradually reduced according to the total amount of mined BOND, as follows:

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Before restarting CASH mining, the amount of BOND can be mined by one betting 1 CASH is shown in the above table.

After restarting mining, the amount of BOND can be mined by one betting 1 CASH will be:
CASH/EOS price (on DolphinSwap exchange) * 1.2 * 100.

E.g., after CASH mining is restarted, if the real-time price on the DolphinSwap exchange is 1CASH = 2EOS, then betting 1 CASH would mine 2 * 1.2 * 100 = 240 BOND.

Game Revenue Distribution

The system will charge 2% handling fee from every bet that a player places in POLYDICE, which will be injected into the revenue pool, and is distributed as follows.

1.Revenue pool for betting with EOS

Dividend return45%
Expand the EOS prize pool30%
CASH Buyback & Burn10%
Referral reward5%
Development & Server cost10%

2.Revenue pool for betting with CASH

Dividend return35%
Expand the CASH prize pool30%
Burn CASH30%
Referral reward5%

3.Revenue pool for betting with BOND

Burn BOND65%
Expand the BOND prize pool30%
Referral reward5%

4.Revenue pool for betting with DOP

Burn DOP65%
Expand the DOP prize pool30%
Referral reward5%

BOND Dividend

The BOND dividend pool is comprised of two parts: handling fees charged from EOS & CASH betting and 5% of the 3 million CASH total supply. Users are allowed to get EOS and CASH dividends by staking BOND. POLYDICE will distribute 10% of total dividends every 24 hours based on the staking volume percentage, and stop distributing when unstaked.

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