🔺Tri-Token Ecosystem
BilliDrop has instituted a Tri-Token ecosystem that creates a perpetual-value loop we believe greatly benefits players of The Drop, The Goat Farm, and $HERD holders. Every part of the ecosystem has been designed to work in tandem to create a DeFi gaming experience that would not be possible without the blockchain. The tokens and their functionality are as follows:
The $HERD (ERC-721)
$HERD is the gaming NFT for the BilliDrop ecosystem that offers holders a variety of special privileges. Owners of $HERD have the ability to produce $CHEESE and can leverage $GRASS by feeding it to your goat to increase its weight. Holders of the $HERD can use the attached multiplier (based off of their $HERD’s weight attribute value) when converting tickets to entries into The Drop and multiply their entries. Holders of the $HERD will also have access to consistently released exclusive $HERD member features and gameplay, including the use of their 3D avatar in game, and much more. Holders of the $HERD can:
Stake their $HERD to produce $CHEESE (decreases Weight (kg) attribute)
Access the Goat Farm, Goatel, and other exclusive games and $HERD holder areas
Increase their entries and odds in The Drop by using the attached entry multiplier (Tranche 1 - Nannies and Tranche 3 - Bucks only)
$CHEESE (ERC-20) Token
$CHEESE is an in-game ERC-20 token that can be acquired by purchasing it directly, from the marketplace, daily from staking $HERD NFTs, transferred to other players, or through playing games on the BilliDrop platform. Staking your $HERD NFT will produce a daily quantity of $CHEESE for you to claim, the production rate of $CHEESE will depend on the weight (kg) attribute of your $HERD token. Staking your $CHEESE will earn you $GRASS, which can be fed to your hungry $HERD to increase their weight attribute and by extension their attached multiplier. $CHEESE can also be used to buy entries into The Drop. To summarize, $CHEESE can be used or earned in the ecosystem in the following ways:
$CHEESE can be bought (using available onramps), traded, or earned through $HERD staking or through gameplay
Staking your $HERD NFT or “milking your goat” produces a daily emission of $CHEESE that you can claim. Emission rates of $CHEESE are dependent on the weight (kg) attribute value of your $HERD NFT
Staking your $CHEESE will earn you $GRASS which can be fed to your $HERD to increase their weight value - which will increase their attached multiplier as well
$CHEESE can be used to purchase BilliDrop merchandise, entries into The Drop, and used to as a wagering currency for certain games on the platform.
$GRASS (ERC-20) Token
$GRASS exists for one purpose; to feed the hungry $HERD! This token burns when it is fed to your $HERD and increases your $HERD's weight. $CHEESE production is proportional to $HERD Weight (kg) and can be exchanged for ETH or entries in the Drop. Staked $CHEESE also produces $GRASS which you can feed to your $HERD for higher entry multipliers for The Drop.
To summarize:
Buy $HERD.
Milk (stake) the $HERD to produce $CHEESE.
Stake the $CHEESE to get $GRASS.
Feed your $HERD the $GRASS to increase its weight.
More weight = more $CHEESE.
More $CHEESE means more entries into The Drop.
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