The goal of this project is to provide a set of validators that can be customized. A token creator will be able to sell its tokens to the public, and give the possibility for buyers to earn by referral
- When a buyer buys Yacada he will receive the amount he chose plus Yacada Referral Tokens. (See distribution table )
- When any Yacada Referral holder public key address is used as a referral, he will receive up to 50% of the ADA invested by the referree
- Each time a buyer referes someone that person will get an adicional 1% increase for the next referral
- A token creator will be able to sell its tokens to the public, and give the possibility of the buyers The token itself will have the utility the creator has in his use case (being a game, metaverse, etc.)
The current example set the sale with fixed bag.
Distribution Table
| ADA | Yacada | Yacada Referral |
|---|---|---|
| 200 | 1000 | 5 |
| 400 | 2040 | 10 |
| 600 | 3090 | 15 |
| 800 | 4160 | 20 |
| 1000 | 5250 | 25 |
example: Buyer A gets the 1000 ADA Bag
- Buyer receives 5250 Yacada + 25 Yacada Referral
- Treasury receives 1000 ADA
Buyer B buys Bag 800 and refers buyer A
- Buyer B receives 4160 Yacada + 20 Yacada Referral
- Buyer A receives 25% of Buyer B invested ADA = 200 ADA
- treasury received 600 ADA
Some of Validations made:
sequenceDiagram
TX->> Validator: Sent correct Ada?
TX->> Validator: Sent <= 50 Referral?
TX->> Validator: Sent correct ADA to Treasury?
TX->> Validator: Sent correct ADA to Referral?
TX->> Validator: Minted correct amount Yacada?
TX->> Validator: Minted correct amount Yacada Referral?
TX->> Validator: Sent UTXO from Referral?
Example of transaction considering that referral A has 5 YACADA_REFERRAL
graph LR
A>Buyer A] -- sends 800 ADA + Referral A --> B[[TX]]
B -. Validator Yacada .-> B
B -. Validator Yacada Referral.-> B
B -- 4160 Yacada --> D>Buyer A]
B -- 20 Yacada Referral --> D>Buyer A]
B -- 200 ADA --> E>Referral A]
B -- 600 ADA --> F>Treasury]