Smart Contracts
Here we discuss the different smart contracts associated with the 7DS Coins.
Origins Set & Creator Contract
The Origins Contract serves as the genesis point for all blank templates within the ecosystem. Through this contract:
Users can mint their complete set of blank sin templates for free
Each wallet is limited to one complete set
Templates serve as the foundation for future creative expression
Ownership verification occurs for Phase 2 participation
Think of the Origins Contract as the blank canvas upon which your journey begins—a pristine slate awaiting your interpretation of the seven sins.
The Creator Section of the Contract
The Creator Contract governs the transformation of blank templates into realized artwork and manages their progression through the rarity tiers:
Handles the submission and storage of completed artworks
Tracks rarity progression and achievements
Controls minting permissions based on rarity attainment
This contract acts as the crucible where artistic vision meets community judgment, allowing artworks to ascend through the ranks based on collective appreciation.
Staking Contracts
Within the shadowed realms of the 7DS universe, the SinBins await—mystical vaults where each of the Sin Coins can be staked to cultivate rewards, mirroring the enduring dance of sin and penance. Here, participants can choose to compound their growing rewards or wisely withdraw them, alongside their initial stake, navigating a path fraught with temptations and strategic decisions.
The act of staking, known poetically as adding to the 'SinBin', is governed by a complex tapestry of game mechanics that can either penalize or reward players based on their staking behaviors. These intricacies reflect the lore of the sins themselves—staking too long, or not long enough, each carries its own consequences, as does the act of unstaking or compounding.
In the 7DS ecosystem, staking is more than a mere investment of tokens; it is an engagement in an ongoing narrative, where each decision weighs heavily with potential penalties or bountiful rewards. This system challenges players to balance their strategies with the moral undertones of their actions, making every choice a meaningful part of their journey through the world of the Seven Deadly Sins.
Mining Contracts
Dive into the depths of the Mining contracts, where participants are invited to 'Sacrifice' their holdings in a test of faith and strategy. In these arcane rituals, players can earn rewards in the very tokens they relinquish, offering them the choice to compound these rewards, or wisely withdraw them as they navigate their journey through sin and sacrifice.
Crafted with a clever twist, the contract imposes a penalty on those who compound their rewards too frequently, urging a balanced approach to growth and gain. Passivity has its price; doing nothing with sacrificed tokens gradually diminishes their rewards, mirroring the fading vigor of unused power.
Claiming rewards comes with its own sacrifice—half of your claiming power is forfeited initially. However, redemption is within reach as you recover 10% daily over five days, restoring your full potential in a gradual return to grace. Every claim enriches the ecosystem by burning 3% of the claimed coin, steadily intensifying the value of the remaining tokens.
Mining contracts are a haven for the astute early adopters yet are ingeniously designed to support a long-term strategy, rewarding sustained engagement and strategic planning. A referral system adds another layer of intrigue, offering a 7% fee to those who bring others into the fold, weaving community and individual ambition into the fabric of the game.
Distributor Contracts
Step into the strategic core with our Distributor contracts, the architects of resource flow within the game. These contracts meticulously manage the 2% buy and sell fees that fuel the sin-driven economy.
Upon each transaction, the buy fee is cleaved in two: half enriches the ever-expanding Treasury, bolstering the endgame pot, while the other half flows into the administrative account. This portion ensures the seamless operation of the 7DS realm, covering everything from maintenance to innovation, ensuring the game's continuous evolution.
The sell fees weave their way to the staking and mining contracts, acting as a boon to the steadfast participants of these systems. Here, the fees transform into additional rewards, augmenting the gains of those who delve deep into the mechanics of staking and mining, rewarding their commitment and strategic play within the treacherous yet rewarding world of the Seven Deadly Sins.
Treasury Contract
In the heart of the 7DS Coins is our most pivotal contract—the Treasury. This enigmatic contract isn't just a piece of code; it's the ultimate battleground where the endgame unfolds. Here, players burn their hard-earned Pride coins to claim a slice of the ever-growing treasury, a reward pot that swells with every transaction across the Seven Deadly Sins coins.
The magic happens when you burn a Pride coin—your key to unlocking a portion of the treasury. The formula is simple yet potent: the remaining treasury funds are divided by the still-circulating Pride coins. This calculation ensures that each coin burned not only rewards its holder with a larger cut but also raises the stakes for everyone else, making each decision weigh heavier in the balance of sin and strategy.
But the power doesn’t stop there. Players wield the formidable ability to dictate the treasury's fate. When should you sell? Is it to maximize the treasury's value or to strategically lower the buying price for personal gain? The choice teeters on the edge of temptation, with each player’s decision rippling through the game.
Safety is paramount, so we've installed guardrails: no more than 10% of the Treasury Sin Coins can be sold at once, and a 10-minute cooldown between sales prevents any reckless abandon. Thus, the community's collective wisdom steers the treasury's fortunes, shaping the climax of this daring pursuit of Pride. How will you play it? The endgame awaits the bold.
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