Post
Topic
Board Announcements (Altcoins)
Topic OP
[ANN] Last Wish Coin
by
Fundaria
on 30/01/2022, 09:58:48 UTC
  • When a someone dies, there be a someone, who would perform a Last Wish
  • Implementor’s team receive reward from pool, which is generated after series of alternating votings
  • Each participant sends stable-coin to the smart contract address SCA of #lwc
  • Amount of stable-coin is considered on two aspects:
  • The Bounty Pool BP as the whole stable-coin pool
  • Individual amounts for each Participant separately
  • SCA is considered as liquidity pool with the fixed price which determined by simple formula: [  total_amount_of_dwc_in_pool / total_amount_of_stable_coin_in_pool]
  • The individual also sends links to their profiles on social networks and emails of their friends in package of data called Memory Package MP
  • With each BP flourishing, an individual also sends Last Wish in form of string
  • Every concrete period of time, which is defined by voting, for example 4 months, A Participant should send a request to SCA and for this they receive their #lwc which is calculated by formula [ (currentTime - previousClaimTime) X shareInBountyPool ]
  • There is a Wishes Pool WP, which is collected from individual #lwc, which are sent on the moment of votings, which Participants are able to initiate
  • On each voting A Participant sends any amount of #lwc , and their voting wage is determined by formula [ shareInBountyPool X amountOfLwcSent ]
  • Either they be able to vote “yes” or “no”
  • If “yes” votings are more, then all “no” voted #lwc are burned and at the same time all “yes” #lwc are multiplied X2 . It is true for the opposite situation where “no” more - then all “yes” voted
  • #lwc are burned and “not” are multiplied in two
  • Voted #lwc from the “yes” or “no” win-party goes to WP
  • If someone did not claim their #lwc in time , anyone can become A Prover
  • If A Participant was not claimed their #lwc in time Participants start observing MP datas of A Participant and start hunting for the public claims of death
  • A Participant is able to send a claim of death prove request with a link to claim of a death of A Participant
  • Either they be able to vote “yes” or “no”
  • If “yes” votings are more, then all “no” voted #lwc are burned from The Wishes Pool and at the same time all “yes” #lwc are multiplied . It is true for the the opposite situation where “no” more - then all “yes” votes #lwc are burned and “not” are multiplied.
  • On Voting1 Participants vote to claim The Proof Of Death
  • Then Participants start to form a Last Wish Teams LWT, sending some of their #lwc fixing them in LW pools as Contributions
  • On Voting2 Participants vote for teams, who ready to implement A Last Wish
  • As always a team which received the moremost votes wins and their voted #lwc are multiplied, and #lwc which voted for loose teams burned
  • The won LWTreceives the Wish Pool which is spreaded between teammates according to their Contributions
  • Voted LWT should fulfill The Last Wish
  • Voting3  decides whether LWT completed the task. The rules for this voting are as always.
  • If “yes” more than such things are happened:
  • The #lwc of claimed dead person is burned
  • LWT members receive access to the Wish Pool and are able to exchange half of collected #lwc to stable-coins from BP, when another half forms the reward pool for all those voters in all occurred votings, related to The Death
  • Wish, which make up the half of all votes, sent the moremost voted #lwc amount

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