Tofuu (Launch on May 1st)

This page contains all the information you need to understand and invest in Tofuu.

OVERVIEW

Tofuu consists of two phases, in which the operation of a miner and a logic we have called "Pot Hunt" are combined. In the first phase, investors receive a dynamic APY, which increases every week, and the early withdrawal fees are used to fill the pot for the next phase. Then, in the second phase, the hunters (investors) try to hunt the pot by paying a small percentage of the total pot balance. It is developed from scratch by us and we have added multiple enhancements.

Now that it has been presented, let's break down its structure, which, as we've mentioned, consists of two phases:

1. The first phase features:

   • One-month duration.

   • A dynamic APY that increases once a week, resulting in four distinct rates. This is done to encourage investment throughout the entire duration of the miner, not just at the beginning.

   • Automatic and free rebase. Each investor's balance is automatically rebased, without any transactions or gas fees.

   • An early withdrawal fee that is high enough to discourage early withdrawals, but low enough to allow for profitable early withdrawals. This allows for multiple strategies.

   • All funds collected from this fee are directed towards filling the pot for the next phase.

2. The Pot Hunt features:

   • Indefinite duration.

   • Only investors from the first phase can participate in the hunt for the pot.

   • The initial amount to try to hunt the pot is 0.5% of the pot, which increases by 1% after every 100 attempts. This money is added directly to the pot.

   • If nobody attempts to hunt the pot within 8 hours, the last person who attempted it is declared the winner and can withdraw the entire balance of the pot.

For a line-by-line explanation of the code, please go to:

Tofuu - Technical Guide

CONTRIBUTION

Tofuu represents a new approach to miners that prioritizes fairness and inclusivity. In the past, most miners also imposed fees to discourage early claims, but these fees often went solely to the contract creators. At Tofuu, we believe that all investors should benefit from early claims, not just the creators.

To achieve this, all funds collected from the early fee in Tofuu are allocated to the Pot Hunt, creating a level playing field for all investors. This not only makes fees more equitable, but also motivates participation by limiting the pot to investors in the first phase.

In addition, the first phase of Tofuu boasts a dynamic APY that sets it apart from the majority of other miners with a fixed APY. This dynamic APY grows over time, encouraging new investors to join later and not just reward those who enter first. Despite this, it is still more profitable to enter during the initial phase, and we reward the first investors accordingly.

In summary, Tofuu offers a fresh approach to miners, featuring transparent and fair fees and innovative features that encourage participation and increase engagement. We firmly believe that Tofuu is the miner that can truly make a difference.

TOKENOMICS

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