Mint Details
2000 Supply Mint, Mint Proceeds will go to form the Treasury.
Mint Details
Total Starting Mint Supply: 2000
This will be a full whitelist mint. 1000 mint spots, 1 Wallet is eligible to mint 2 NFTs at 5 Hype each.
How can we take part in the mint?
2k mints, 2 per wallet, 1k WL, 500 goes to WL grind, 500 goes to ref link game.
Play our mini game, top scores get WL: https://whitelist.trapgame.gg
Join our Discord: https://discord.gg/64ntWxww3n
What can we do with our NFTs?
Trap Game in its purest form is a risky game of Cat and Mouse.
Mice try to steal $TRAP money from Cats, while Cats will do whatever it takes to stack more $TRAP money even if it means killing a mouse or two along the way.
There are 2 outcomes when revealing your minted NFT.
Every minted NFT has a 90% chance to reveal a Mouse and a 10% chance to reveal a Cat.
After reveal, players can stake their NFTs to earn emissions in the form of $TRAP money.
Mouse/Mice:
Mice have a 90% chance to be minted.
Mice, when staked, go on quests for $TRAP money.
Mice earn 1 $TRAP for every 24 hours staked (rewards are earned in realtime).
Mice can only be unstaked after 48 hours of being staked.
When a Mouse claims and withdraws $TRAP, it pays a 20% tax to the Treasury Pool as a bribe to avoid Cat detection (example: if you have 10 $TRAP, you withdraw, you will receive 8 $TRAP).
Mice cannot be unstaked within 48 hours of claiming $TRAP because they have to hide in fear after stealing precious $TRAP money from the Cats.
New Mice can be minted with $TRAP, there is a 90% chance to mint a new Mouse.
Mice have a 25% chance of never leaving the Trap House when a player tries to unstake. Beware! Cats are vicious creatures and will not hesitate to use violence to keep Mice in the Trap House.
Cats:
Cats have a 10% chance to be minted.
Cats, when staked, roam all around the Trap House and guard their precious $TRAP money.
Cats, when staked, earn $TRAP money for running the Trap House.
Cats can only be unstaked after 48 hours of being staked.
Cats earn 1 $TRAP for every 24 hours staked (rewards are earned in realtime).
Sometimes when a Mouse gets greedy and tries to steal more than he should, Cats get angry and kill the Mouse. This action is represented by when a player withdraws a staked Mouse, there is a 25% chance it gets stolen by a staked Cat. The stolen Mouse will be randomly enslaved by a staked Cat (i.e. the stolen Mouse NFT gets sent to the wallet of a random Cat in the staked Cat Pool. This Mouse will automatically be staked in Mice Pool for the new owner).
New Cats can be minted with $TRAP, there is a 10% chance to mint a new Cat.
Cats can only be unstaked after 48 hours of being staked.
Cats can claim $TRAP anytime and there is no cooldown to unstake after. They own the Trap House, they can do whatever they want.
$TRAP Money Mint Details
After the initial 2k supply is minted. Additional NFTs can be minted with $TRAP money.
For $TRAP mints up to a total supply of 5,000, $TRAP mints are priced along a linear bonding curve. From 5,000 mints onwards, $TRAP price per new mint will be switched to a dynamic dutch auction pricing model based on historical pricing and existing demand. This means that the cost to mint a new NFT will be based on the current market demand and adjusted accordingly for the next day.
Here is a table illustrating the cost to mint a new NFT:
From Supply #
To Supply #
Cost to Mint
0
2,500
5 $HYPE
2,501
2,750
10 $TRAP
2,751
3,000
12 $TRAP
3,001
3,250
14 $TRAP
3,251
3,500
16 $TRAP
3,501
3,750
18 $TRAP
3,751
4,000
20 $TRAP
4,001
4,250
22 $TRAP
4,251
4,500
24 $TRAP
4,501
4,750
26 $TRAP
4,751
5,000
28 $TRAP
5,001
100,000
30 $TRAP starting point into dynamic dutch auction pricing model
The mint is Phase 1. Phase 2 will be the incorporation of our Hype Treasury Strategy.
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