README.md

phoenix-hodlcoin-contracts: hodlERG

ErgoScript contracts for the Phoenix implementation of hodlERG.

Contracts

1. Proxy Contract
2. Bank Contract
3. Phoenix Fee Contract

Transactions

1. Mint Tx
2. Burn Tx
3. Refund Tx
4. Fee Distribution Tx

hodlERG Phoenix Fee Implementation

For the Phoenix Finance implementation of hodlERG, we kept the original fee percentages:

• F = 3%
• D = 10% * F = 0.3%

The fee distribution was computed by creating a linear program out of the desired constraints, the Jupyter Notebook code can be found here.

The percentage of the dev fee is split in the following way:

• 0.25% -> Bruno
• 0.25% -> Pulsarz
• 0.25% -> Phoenix
• 0.15% -> Kushti
• 0.1% -> Kras

Protocol Diagrams