conTRIBUTE Dapp Guide
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.
- 5% of all buys and 15% of all sells into conTRIBUTE are distributed to players as dividends relative to their percentage share.
- 15% of the initial TRBT token supply (75,000 TRBT) has been withheld from circulation and assigned to conTRIBUTE rewards exclusively.
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.