Token&Storage Cost

Token Description

1. The casting right of the token is completely released to the user, and the seedlist project itself does not have any pre-reservation for the token;

2. Any user can choose whether to participate in the minting of tokens;

3. Regarding the use of the token, there is no expectation for the time being;

4. The token is just the token itself, and does not give it any financial attributes;

5. When the token is minted, the receiving address is determined by the user;

Casting Rules

1. 21 million tokens are given to community users as an incentive cycle;

2. Incentives are generated along with the user's storage behavior. Without storage, there is no incentive;

3. Each user space has only one chance to participate in token casting; of course, users can choose to give up;

4. In the first incentive cycle, when the user stores, under the premise of meeting the above 3, the available effective incentive amount is 2100;

5. When entering the next cycle, the amount of each incentive is half of the previous cycle, that is, halved casting;

6. With each user's token incentive, a 10% increment will be issued to the Treasury contract address;

7. By halving the displacement, the total amount of token incentives for a full cycle is about 23.1 million;

It can be calculated that:

1. The maximum minting limit of the token is 1570,800,000;

2. After the casting is completed, 2.95e+24 (about 295 billion trillion) user-triggered operations are required;

Storage Cost

1. When each user uses seedlist, the first step is to initialize a private storage contract on the chain; the gas used to be consumed is 1585353 (at gas price of 10GWei, the consumption of ETH is 0.01585353); the private contract only needs to be initialized once, The content can be inserted into the private contract an unlimited number of times later;

2. After completing the initialization, users can store encrypted content on the chain; if they do not participate in token casting, the gas used is 201519 (at gas price of 10GWei, the consumption of ETH is 0.00201519); if they participate in token casting, the consumption of The gas used is 324331 (the gas price is 10GWei, and the consumption of ETH is 0.00324331);

3. When users store each time, seedlist will charge a tip of 0.0003 ETH(0.003MATIC or 0.003BNB) as a follow-up fee to maintain the project; there is no charge for reading content;

Treasury's handling of incremental Tokens

1. The Treasury Owner can initiate halving withdrawals at any time;

2. Halving extraction means that the amount of each extraction is at most half of the previous extraction;

3. If the Treasury Owner decides to give up the Seed Token withdrawal, the current withdrawal amount can be set to 0 or 1 (precision: 18);