In this article, we’ll dive into some of the technicals behind the token as well as some strategy intricacies.
The $OE token is a multi-layered smart contract, consisting of the main contract and 3 sub contracts responsible for:
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Prize Distribution
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Auto Buyback and Burn Contract
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Influencer Subcontract
The prize distribution sub contract is self-explanatory. The main contract collects 15% taxes from the trading volume, converts them into ETH in the batches of 199 tokens (not to have heavy effect on the price by selling a lot at once), 8% of which are deposited into the prize pool in ETH.
The contract then allocates the ETH collected during each 4 hour candle period and assigns it to the eligible token holders during that 4 hour period. For example, if a candle closed odd (priced $0,363637, rounded off to the 6th decimal), and out of the entire supply, 50% of the holders are holding “odd” tokens they got assigned at purchase, they qualify for the ETH revenue share distribution for that period and any other subsequent periods which close odd, as long as they still hold those tokens.
A player can make multiple purchases and hold both, odd and even tokens.
The tokens lose the assigned basket entirely if:
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they are transferred to another wallet
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they were gifted/vested/airdropped and not purchased.
In order to re-assign the basket to the entire bag, a player needs to sell 1 token or less and the remaining tokens will get assigned odd or even value based on the last sale price.
The auto buyback and burn contract collects the ETH, rebuys the tokens and burns them. During the initial discovery phase of the project, we put a higher emphasis on buybacks and burns which are currently eating 3% of the 15% tax. This will be reduced slightly as the token grows.
The influencer contract allows for collaboration with influencers who can get paid from the trading volumes and claim their referral ETH rewards directly from the contract. This was created to motivate influencers and partners, where their rewards would be directly proportionate to their efforts in being the ambassadors of the project.
Buying and Selling $OE:
The tokens do not receive basket value if purchased directly via swaps like Kyberswap, 1inch, Paraswap due to the specific routing required by Camelot in order to assign value. Therefore, it is highly recommended to purchase the tokens via Camelot only or telegram trading bots which support trading via Camelot directly. A player can sell the token on any swaps or aggregators, including Dextools
To buy the token, go to app.camelot.exchange, search for the token by copy pasting it’s contract address 0x4143fdedac5b3b3e39ee45376e05a6beb62d6548 and adding it to the list. Make sure to ONLY use V2 version of the swap. In the settings, please ensure you make the following changes:
You are are all set. Happy Coin Flipping!
For additional information on game rules, please visit our site at oddeven.wtf