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Yeet 🏆POL²: Next Steps for Yeet
Henlo. This article will expand on the article we published last week by going deeper into the mechanisms and financial engineering, and explain how this all ties into the roadmap for Yeet. Disclaimer: at some points throughout the article, big technical terms will be used that may be confusing to the unsophisicated reader. Fear not Yeetards, the core Yeetards are happy to help with any clarifications and questions you may have.POL² expandedYeetardio yeet yeet yeeterino Yeetards in Yeetsville...
Yeet 🏆Announcing YeetBonds
Proof of Liquidity on Berachain is a gamechanger. Protocol Owned Liquidity is extremely important. When combined with each other? Wow, big amazing. As Yeetards, we firmly believe in the importance of these benefits. That is why we are launching YeetBonds, the best way for Berachain protocols to build Protocol Owned Liquidity (POL), on the Proof of Liquidity chain (POL), to harness what we call POL².What are YeetBonds?The YeetBonds marketplace is where protocols and users can exchange tokens i...
Yeet 🏆Owning Your Liquidity on the Chain of Liquidity
This article will explain:Berachain’s Proof of LiquidityProtocol Owned LiquidityWhy Protocol Owned Liquidity powered by Berachain’s Proof of Liquidity goes sicko modeYeetPOL: Proof-of-Liquidity primerOne of Berachain’s main innovations is its novel Proof-of-Liquidity consensus and security mechanism. It is a system in which validators of the chain itself direct new emissions of the native governance token $BGT. These new emissions are directed to LPs of whitelisted pools, akin to the way $veC...
Yeet 🏆POL²: Next Steps for Yeet
Henlo. This article will expand on the article we published last week by going deeper into the mechanisms and financial engineering, and explain how this all ties into the roadmap for Yeet. Disclaimer: at some points throughout the article, big technical terms will be used that may be confusing to the unsophisicated reader. Fear not Yeetards, the core Yeetards are happy to help with any clarifications and questions you may have.POL² expandedYeetardio yeet yeet yeeterino Yeetards in Yeetsville...
Yeet 🏆Announcing YeetBonds
Proof of Liquidity on Berachain is a gamechanger. Protocol Owned Liquidity is extremely important. When combined with each other? Wow, big amazing. As Yeetards, we firmly believe in the importance of these benefits. That is why we are launching YeetBonds, the best way for Berachain protocols to build Protocol Owned Liquidity (POL), on the Proof of Liquidity chain (POL), to harness what we call POL².What are YeetBonds?The YeetBonds marketplace is where protocols and users can exchange tokens i...
Yeet 🏆Owning Your Liquidity on the Chain of Liquidity
This article will explain:Berachain’s Proof of LiquidityProtocol Owned LiquidityWhy Protocol Owned Liquidity powered by Berachain’s Proof of Liquidity goes sicko modeYeetPOL: Proof-of-Liquidity primerOne of Berachain’s main innovations is its novel Proof-of-Liquidity consensus and security mechanism. It is a system in which validators of the chain itself direct new emissions of the native governance token $BGT. These new emissions are directed to LPs of whitelisted pools, akin to the way $veC...
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Ooga booga anon, welcome to Yeet. This article will explain:
How the game works
The $YEET token
How you can start playing and earning tokens
Lemme tell you all about it babycakes. The TLDR is:
Players yeet $BERA into a pot
The last player to make a yeet, earns 80% of the final pot
20% of the final pot is distributed randomly to 10 players
You can yeet as much as you want as long as it is equal to or greater than 0.5% of the current pot value
You can earn $YEET tokens by making yeets
15% of every yeet is taxed and is split among:
9% to $YEET stakers (via a yield vault)
5% to the Yeet treasury
1% to Public Goods funding on Berachain
Voila! That’s it.
Here is a more in-depth explanation of the mechanics:
Players deposit $BERA into a smart contract whilst a timer counts down towards the end of the game. With every new deposit, the timer is reset and extends the game. The amount of time it is reset by is 1 hour.
Therefore, 1 hour must pass with no yeets being made for the game to end. Once a game ends, anyone can start a new one.
Each deposit must be minimum 0.5% of the pot to ensure that the game is not botted and that it ends eventually, crowning a winner. 10% of each deposit is taxed and given to token stakers, the LP, the treasury, and public goods funding on Berachain.
Ooga booga anon, welcome to Yeet. This article will explain:
How the game works
The $YEET token
How you can start playing and earning tokens
Lemme tell you all about it babycakes. The TLDR is:
Players yeet $BERA into a pot
The last player to make a yeet, earns 80% of the final pot
20% of the final pot is distributed randomly to 10 players
You can yeet as much as you want as long as it is equal to or greater than 0.5% of the current pot value
You can earn $YEET tokens by making yeets
15% of every yeet is taxed and is split among:
9% to $YEET stakers (via a yield vault)
5% to the Yeet treasury
1% to Public Goods funding on Berachain
Voila! That’s it.
Here is a more in-depth explanation of the mechanics:
Players deposit $BERA into a smart contract whilst a timer counts down towards the end of the game. With every new deposit, the timer is reset and extends the game. The amount of time it is reset by is 1 hour.
Therefore, 1 hour must pass with no yeets being made for the game to end. Once a game ends, anyone can start a new one.
Each deposit must be minimum 0.5% of the pot to ensure that the game is not botted and that it ends eventually, crowning a winner. 10% of each deposit is taxed and given to token stakers, the LP, the treasury, and public goods funding on Berachain.
The last depositor when the timer finally runs out wins 80% of all the $BERA in the pot, and 10 random players get the remaining 20%.
$YEET is the token of this game. It can be obtained in 3 ways:
Making yeets in the game
Buying it
Accepting some bribes across the DeFi ecosystem
You can stake $YEET to earn rewards! 9% of every single yeet is deposited into a vault that farms the $YEET/$BERA pool and compounds the rewards. This means stakers earn a cut of all yeeting volume, and this revenue is made productive automatically.
Wanna play for a chance of winning the grand prize? Wanna make some yeets and farm some tokens? Wanna prove once and for all you are more [redacted] than the competition??
We gotchu.
The last depositor when the timer finally runs out wins 80% of all the $BERA in the pot, and 10 random players get the remaining 20%.
$YEET is the token of this game. It can be obtained in 3 ways:
Making yeets in the game
Buying it
Accepting some bribes across the DeFi ecosystem
You can stake $YEET to earn rewards! 9% of every single yeet is deposited into a vault that farms the $YEET/$BERA pool and compounds the rewards. This means stakers earn a cut of all yeeting volume, and this revenue is made productive automatically.
Wanna play for a chance of winning the grand prize? Wanna make some yeets and farm some tokens? Wanna prove once and for all you are more [redacted] than the competition??
We gotchu.
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