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Adam🎩 pfp
Adam🎩
@rhynotic
PVP - an onchain battle for tokens @ pvp.game Finishing up audits and launching (hopefully) today.
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Adam🎩 pfp
Adam🎩
@rhynotic
I've been working on creating novel ERC20 token concepts. $PVP can be traded just like any other token on Uniswap until someone starts a raid on your wallet. A raid is essentially a bid for someone else's token balance. While being raided, your tokens are locked.
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Adam🎩 pfp
Adam🎩
@rhynotic
Raids last for 24 hours (They'll start at 1 hour at launch, then 2/3/4.. until they settle at 24 hours long to get the ball rolling). If someone outbids your raid, your ETH goes into the prize pool. The winning bid gets that wallet's $PVP balance AND all of the failed bids.
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Adam🎩
@rhynotic
The raided wallet receives the highest bid in exchange for their tokens. If the spread is too large between the highest bid and their wallet value, they can DEFEND their tokens by matching the raid price. This unlocks their tokens for 1 hour so they can sell into the pool.
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