conTRIBUTE is designed to reward TRIBUTE holders and staked users in a synergistic method. A conventional staking hourglass contract was used as the basis for what was developed. However, the hourglass dapp was modified in its structure to make it non-zero-sum.
The 75,000 TRBT will be periodically injected into conTRIBUTE as direct dividends to all the players staking within the dapp. Therefore, any holders entering the dapp are guaranteed to receive a total value of 67,500 TRBT distributed between them proportionally at the very least, taking into account the 7,500 TRBT that will be burned and reward dropped from the total amount upon transfers.
All transfers in and out of the dapp will not be subject to the 5% burn or the 5% reward drop, meaning there will be no transfer fee as is typically associated with all other transfers of TRBT.
The dapp contains no developer fee. All funds are 100% distributed to players.
Note: TRBT sent to this contract is not eligible for the 5% reward drops because it will not be recorded in the holder’s wallet, but rather in the staking contract. Therefore, staked holders will need to maintain unstaked TRBT within the top 50 largest holdings to continue to receive the reward drops.
ENFORCED TRIBUTE presents an innovation among recent dapps, designed in a way to enforce the burns and rewards of TRBT numerous times per day. A smart contract was built which can be seeded with only TRBT tokens. The tokens within this contract can never be withdrawn or sold.
This contract intercommunication will continue until the ENFORCED TRIBUTE smart contract runs out of TRBT completely, meaning the initial seed of 75,000 TRBT will be completely used for token burns and rewards to TRIBUTE users.
By the end of the dapps lifespan, approximately 37,500 TRBT will have been burnt and 37,500 TRBT will have been distributed to holders as reward drops.
ENFORCED TRIBUTE is a powerful driving force made to induce a greater effect of demand for TRBT by ensuring the supply becomes even more scarce on a regular basis.
Until now, many projects have spoken about transferring control of their project into the hands of their community, yet it has never been done to the efficacy that many desire. TRIBUTE TO LIQUIDITY is designed to achieve this goal and potentially shape how token holders have control over their token liquidity.
TRIBUTE To LIQUIDITY implements the PoDL system by rewarding its users through a lottery system. Players purchase tickets with TRBT, with each ticket increasing their chances of winning the raffle.
Providing liquidity tokens directly to TRIBUTE users enables control to be passed directly to the participants as the project flourishes. This form of locking liquidity enables the users to have greater control over the behavior of TRBT and its price.
Over a period of approximately 100 days, the entire liquidity token supply associated with the TRBT/ETH pair on Uniswap will be fully distributed. This unique approach greatens the community’s influence in the project’s success in the long-term and is an improvement to the conventional liquidity locking in the form of direct burning from the team after listing.
Overall, this concept of shifting the control of the project fully into the hands of the community enhances trust and adds new layers to the game theory that is to be studied from the project.