tl;dr: Bloodline is hosting a fair vampire attack on memes. Whoever joins, by offering their meme tokens, gets $blood with the same value in return. The most sacrificed meme token community will get a bonus and steals liquidity from the others.
It's time to unleash the dark power of your Memes in the first community-owned vampire attack. Offer your Meme tokens and earn $BLOOD rewards. Don't be afraid; sacrificing your tokens doesn't hurt. You can swap back after each cycle.
The rules are simple. Every time you offer a Meme you get the same value in $BLOOD. This $BLOOD fills up your Meme’s bloodline. The goal is to become the mightiest bloodline each cycle to win an extra bloodline bonus.
This reward you always get, no matter what. The value depends on the current market price of the Meme token you sacrificed. Currently, you can offer $PEPE, $SHIB and $ELON. Stay tuned for more MEME tokens to sink your fangs into!
By offering your Meme token, the protocol sucks out the $ETH 🩸. After each cycle the $ETH is locked away in an immutable liquidity position on Uniswap V3. The position is untouchable by anyone — even the elders (developers). On this community-owned liquidity you can trade your rewarded $BLOOD.
Bloodline is a fair vampire attack: The only way to create $BLOOD is by sacrificing your Meme. This means: Total Supply = Total Meme Sacrificed + Bonus. Additionally, all generated $BLOOD trading fees from the Uniswap pool are burned, reducing the total supply.
Bloodline cycles are defined by a bloodline goal or time. You can claim all your rewards when a cycle is finished. Based on this, there is no $BLOOD on the market in the first cycle.
Every cycle there is a race between all Memes. The meme bloodline that hits the bloodline goal first will be the Cycle Winner. Every sacrifice for that Meme will get an extra bonus on top. The closer the race, the higher the bonus. If no bloodline reaches the goal, there's no bonus.
Your bloodline is strong and healthy. Your bloodline won the cycle. You receive extra rewards on top of your Meme sacrifice.
No worries if your bloodline falls short; you still get your sacrifice reward. To increase your chances, you can always join multiple bloodlines by sacrificing different Meme tokens. Remember, there's always another chance to dominate in the next cycle.
Staking $BLOOD allows you to earn an extra 25% multiplier on your next sacrifice. To prevent strong inflation there is a limit of your bonus for each Meme token. Bonus Limit = your amount staked * 25%. Let's explain:
Example A: You stake 1,000 $BLOOD. You now sacrifice $PEPE tokens that are worth 1,000 $BLOOD. You get 250 $BLOOD as a Staking Bonus on top!
Example B:You stake 1,000 $BLOOD.You now sacrifice $PEPE tokens for 2,000 $BLOOD.Instead of 500 $BLOOD, you get 250 $BLOOD on top - because your max limit is your stake * 25%. If you start sacrificing $SHIB you still get a Staking Bonus.When you unstake, you can claim your stake in the next cycle. This prevents users from gaming the staking mechanism.
The Elders of Bloodline have planned many things in the next days. Including governance for $BLOOD holders. So stay tuned for more updates and ... more Meme bloodlines 🧛🏽
Please only follow content and links from our official Mirror profile. All announcements will always link to our offical posts on here. So stay vigilant for copy-cats and scammers.
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