Every minted scryptal will constantly emit energy to its owner in the form of ERC20 tokens named Scryptals Ethers.
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Scryptals Ethers distribution will start when the first 3'141 scryptals will be minted
Scyptal Ethers are literally just a representation of the energy emitted by every scryptal. Scyptal Ethers have actually no value ( 0 Dollars, 0 ETH, 0 Matic, zero, nada... ) and they will be listed on major DEXs only when the first 21'000'000 will be distributed.Having said that, I will go on talking seriously about Scryptal Ethers ERC20 token SCRETH.SCRETH will have a total supply of 8'000'000'000 units, this number is chosen to grant a 100 years minimum period to distribute them all, the period will be probably longer because calculations are made considering every minted scryptal very rare and then profitable.SCRETH distribution system will be deployed and live when the first 3'141 scryptals will be minted, this will grant a good token distribution among users, early Scryptals.io users are already benefiting from a very cheap minting and evolving cost, with SCRETH distribution active distribution would be too unbalanced towards them.SCRETH will be distributed weekly.Hoping that Scryptals will give me the chanche to develop other and more complex NFTs projects I would love to bring to life...SCRETH will be spendable in my next NFTs projects.
Basically the more rare scryptals you own the more SCRETH you will gain.Every owned scryptal gives you some weekly SCRETH, the more the scryptal is rare and evolved the more SCRETH it will give.Every scryptal will grant a base of 0.4 SCRETH weekly, for each evolving point spent on it and for each rarity point 1 SCRETH is added.Here below you can find a clear scryptal redditivity table
Source | Description | Weekly ![]() |
---|---|---|
Owning | base redditivity for every owned scryptal | 0.4 |
Rarity | For every rarity point ![]() | 1 |
High rarity | For every high rarity point ![]() | 3 |
Evolution points | For every evolution point spent on the owned scryptal | 1 |
Originals | Orignals ( Scryptals from #1 to #31 ) | 31 |
Here below you can find an example, the scryptal in the screen grants the basic 0.4 weekly SCRETH, has a rarity level of 2 (
) and an evolution level of 0.Given the table above this scryptal will grant 2.4 SCRETH weekly.
To use a classical staking on-chain protocol I should have asked to Scryptals.io users to lock their scryptals for a certain amount of time, during this period these scryptals could not be traded or trasfered and they should have to lock every new minted scryptal to obtain passive incomes.I really did not like this idea, I wanted something totally automatic requiring users the minimum effort.I then opted for an hybrid protocol, all SCRETH withdrawals and weekly distribution amounts will be stored and calculated on-chain while the distribution will be demanded to a clustered offchain server.This go a little against the full on-chain filosophy but while web3 techologies can allow to create awesome products they also have no way to do certain things that are very trivial in a centralized environment.The result of the hybrid system is that Scryptals.io users don't have to worry about anything to grant their SCRETH distribution, every week the amount of tokens granted by their scyptals collection will be calculated and staked, the only thing user will have to do is create a withdrawal request.Once the withdarwal request is created all the SCRETH staked till that time for the requesting user will be transfered to the user's address.