Good morning.
Yuyu aims to create a comfortable social environment for visual media to be shared and traded on-chain.
Posts
Users can create and retain ownership of multiple posts.
Owners have the ability to edit the URI, enabling future opt-in IPFS hosting.
Posts are exchanged on a fixed bonding curve
Rewards
8 billion governance tokens will be distributed to users over a 6-year period.
Rewards accumulate on a per-second basis, calculated based on user trade volume.
Rate reductions occur every 52 weeks; users must claim rewards near this date to prevent loss.
Token
8 billion tokens are allocated for user rewards.
2 billion tokens are allocated for team members, with a 3-month cliff and 6-year linear vesting.
Tokens will be used to govern the protocol, set royalty fees, and designate the protocol fee receiver address.
All governance actions, including voting and execution, are conducted on-chain.
Governance will be enabled once tokens begin vesting to team
Warning: Smart contracts associated with Yuyu are currently unaudited. Use them at your own risk.
Token Usage: Tokens are not intended as investment instruments but are crucial for the decentralized functionality of Yuyu Protocol.
Token: 0x9A6B9c6a80339be432849B08bd843F854b64ca24
Vesting: 0x08c1A82Dee1e98bB9E31a6C0D64F91B8C8f59feb
Market: 0x6ac16c2348F0d17Fe4d4491e90CC108e3c726F59
Owner: 0x54DA907e163321905EDc0ca48818F4463cbf166A

