Mechanics

Full explanation of mechanics and reasoning behind design choices

Bootstrap Phase

A 24 hour period at the beginning of the game in which the minimum yeet size does not increase, and is fixed at 0.1 $BERA. This is for players to participate and purchase lottery tickets without the risk of being frontrun, and give fair entry to all.

Each lottery ticket costs 0.1 $BERA
Max amount of tickets that can be purchased in one transaction is 100 tickets
Players that participate in the bootstrap phase still earn $YEET participation rewards
This negates the advantage that bots have with sniping lottery tickets as soon as a new round begins

When the Bootstrap Phase is concluded, the Game Phase begins.

Game Phase

Timing

With every new deposit, the timer is reset and extends the time remaining in the game
The amount of time the timer is reset by is 1 hour
If 1 hour passes since the last yeet with no new yeets, then the current game ends
Once a game concludes, anyone can permissionlessly call the appropriate function to start a new game
The amount of time that the timer is reset by is configurable, and can be changed by the admin multisig
- This is to run shorter, faster games at times
- Control over this variable will eventually be transferred to the community, or ossified at a specific value

Yeeting Rewards

Players still have an incentive to yeet and play the game even if they do not aim to be the winner of the game
- This is because all players receive $YEET tokens just for playing
There is a predetermined amount of $YEET tokens to be emitted each day, and each player is eligible to claim a pro-rata share of these emissions according to their BoostedValue
- There is a cap each day on what percentage of the daily emissions that an individual address can receive, set at 30%
- Surplus token are burned
BoostedValue = YeetVolume * NFTBoostWeight
- YeetVolume refers to how much $BERA an address has yeeted in an epoch
- NFTBoostWeight is explained in NFTBoostWeight
For example:
- there are N $YEET tokens to be emitted this epoch (24 hours)
- Bob has a BoostedValue of X $BERA this epoch, Alice has one of Y, and John has one of Z
they are the only 3 players this epoch
The amounts they can claim are as follows:
- Bob can claim: $YEET = X/(X+Y+Z)*N
- Alice can claim: $YEET = Y/(X+Y+Z)*N
- John can claim:$YEET = Z/(X+Y+Z)*N

Revenue

15% of every yeet is taxed
- 9% of this is distributed to $YEET stakers via the Liquidity Trifecta Vault
- 1% is contributed to public goods funding on Berachain
- 5% is retained as protocol revenue

Lottery

After a game concludes, 80% of the prize pool is awarded to the last Yeeter, which they can claim at any time
20% of the prize pool is distributed via verifiably random lottery to 10 participating addresses
- Pyth VRF will be the source of randomness (will document this more clearly once docs are done)
- Each winning address will receive an equivalent amount

The % tax incurred on yeeting is subtracted before it goes to the prize pool

PreviousYeet Game NextNFTBoostWeight

Last updated 1 day ago

Bootstrap Phase

Each lottery ticket costs 0.1 $BERA

Max amount of tickets that can be purchased in one transaction is 100 tickets

Players that participate in the bootstrap phase still earn $YEET participation rewards

This negates the advantage that bots have with sniping lottery tickets as soon as a new round begins

When the Bootstrap Phase is concluded, the Game Phase begins.

Game Phase

Timing

With every new deposit, the timer is reset and extends the time remaining in the game

The amount of time the timer is reset by is 1 hour

If 1 hour passes since the last yeet with no new yeets, then the current game ends

Once a game concludes, anyone can permissionlessly call the appropriate function to start a new game

The amount of time that the timer is reset by is configurable, and can be changed by the admin multisig

This is to run shorter, faster games at times
Control over this variable will eventually be transferred to the community, or ossified at a specific value

Yeeting Rewards

Players still have an incentive to yeet and play the game even if they do not aim to be the winner of the game

This is because all players receive $YEET tokens just for playing

There is a predetermined amount of $YEET tokens to be emitted each day, and each player is eligible to claim a pro-rata share of these emissions according to their BoostedValue

There is a cap each day on what percentage of the daily emissions that an individual address can receive, set at 30%
Surplus token are burned

BoostedValue = YeetVolume * NFTBoostWeight

YeetVolume refers to how much $BERA an address has yeeted in an epoch
NFTBoostWeight is explained in NFTBoostWeight

For example:

there are N $YEET tokens to be emitted this epoch (24 hours)
Bob has a BoostedValue of X $BERA this epoch, Alice has one of Y, and John has one of Z

they are the only 3 players this epoch

The amounts they can claim are as follows:

Bob can claim: $YEET = X/(X+Y+Z)*N
Alice can claim: $YEET = Y/(X+Y+Z)*N
John can claim:$YEET = Z/(X+Y+Z)*N

Revenue

15% of every yeet is taxed

9% of this is distributed to $YEET stakers via the Liquidity Trifecta Vault
1% is contributed to public goods funding on Berachain
5% is retained as protocol revenue

Lottery

After a game concludes, 80% of the prize pool is awarded to the last Yeeter, which they can claim at any time

20% of the prize pool is distributed via verifiably random lottery to 10 participating addresses

Pyth VRF will be the source of randomness (will document this more clearly once docs are done)
Each winning address will receive an equivalent amount

The % tax incurred on yeeting is subtracted before it goes to the prize pool