BilliDrop is raising the bar for DeFi gaming through our core product The Drop, a lottery-style game that uses blockchain technology to offer its players full transparency and visibility.
This is the most transparent game with the biggest winning odds ever!
The first whitelist sold out in 48 hours – don’t let your goat leave the pasture with someone else. Request your place on the whitelist here.
In this article, we describe the technical stack powering this groundbreaking move.
Stacking that many goats takes some serious technology, aka The GoatStack. The decentralized tools we use
The team of BilliDrop blockchain architects created a unique game architecture using industry best practices. To support larger drops and provide greater benefits to NFT holders, BilliDrop leverages a tri-token ecosystem. This is the currently adopted MVP Tech Stack. Our contracts are guided by technologies trusted by the largest and most stable and secure protocols available today.
OpenZeppelin
- These are industry standard and vetted contracts used to issue the tokens and other software and operational areas for a decentralized system. Contracts are extensible, meaning the transition to greater decentralization through DAO governance and voting systems is seamless.
Gnosis-safe
- A multi-signer Gnosis safe is used for vault management and security. Non-custodial wallets are also used to manage the Escrow and The Drop contracts. Ultimately, multisig will become more decentralized over time as BilliDrop implements DAO voting and community management systems.
Snapshot & Reality.eth
- These two mechanisms align off-chain voting with efficient, trusted on-chain execution of proposals and support a seamless transition to community management. Suggestions are posted on Reality.eth and matched with Snapshot. When voting, Realty.eth executes the result via Gnosis-Safe. Failovers are available such as B. Delayed execution to allow for community arbitration in the event of a dispute.
Chain link VRF
- The Chainlink VRF (Verifiable Random Function) is used to determine a winner of The Drop in a provably transparent, fair and trusted manner. When The Drop contract reaches its target price amount, a weighted value is sent to an on-chain oracle, Chainlink VRF, to compare a list of participants based on the number of entries. Once the data has been sent and an entrant selected, the winner wins the total balance of the prize purse!
Uniswap V2/V3 – AMM liquidity pools
- Automated Market Marker (AMM) liquidity pools are created on Uniswap V2/V3, allowing you to trade cryptocurrencies like ETH against BilliDrop’s native $CHEESE tokens. These are decentralized contracts that offer rewards to players and provide instant liquidity and accessibility for sustained community and platform growth.
Spirit
- Liquidity providers for the Uniswap contracts will receive Liquidity Provider (LP) tokens representing their share of the rewards they will earn from their position as providers. These LP tokens can be additionally lent to Aave and other aggregate yield systems to earn interest for additional yields.
BilliDrop Token
ERC-721 — $HERDE:
- $HERD is the gaming NFT for the BilliDrop ecosystem, offering holders a variety of special privileges. $HERD owners have the ability to produce $CHEESE (which can be used to enter The Drop) and use $GRASS by feeding it to your goat to increase its weight. $HERD members receive multipliers for their entries in The Drop based on the size of their $HERD. $HERD members also have access to regularly released members-only features and gameplay, as well as use and rights to their 3D avatar, access to special drops, and much more.
ERC-20 — $GRASS:
- $GRASS tokens burn every time they are fed to your $HERD while increasing your $HERD’s weight in the Goat Farm. This helps NFT holders by producing more $CHEESE to use for entries in The Drop. Staked $CHEESE also produces $GRASS which you can feed to your $HERD for higher entry multipliers in The Drop.
ERC-20 — $CHEESE:
- $CHEESE is an in-game token that can be earned, won, transferred or purchased. $HERD owners can use their goat on the goat farm and it will produce $CHEESE. $CHEESE has the ability to create $GRASS by staking liquidity in pairs against $CHEESE. NFT holders can produce $CHEESE that can be exchanged for entries into The Drop! They can also increase their entry multiplier for The Drop by feeding the $GRASS created by staking to their $HERD to increase their size.
Keep up with the $herd!
Mint Day for The Herd is set for July 30th! You can read more about the embossing process here.
Don’t let your goat go out with someone else. Request your place on the whitelist here.
To keep up to date with important announcements, find team support, or join the BilliDrop community, please use our official links below:
Website: billidrop.com
Twitter: @DropBilli
Discord: BilliDrop
media contact
Name of the company: By drop
E-mail: Send e-mail
Country: United States
Website: billidrop.com
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.