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Multiply Gobbler Vault

Multiply Gobbler Vault multiplies your Gobblers.

What is its purpose?

Increases accessibility!

  • Gobbler holders can stake their Gobbler in the vault and let the vault manage buying of new Gobbler.
  • Gobblers are only 10k but mGobs are many. Users who cannot get in a mint can buy mGOB and partake in the upside of the Gobbler ecosystem.

How does it work?

  1. Users can deposit their Gobblers in the vault and receive ERC20 compliant mGOB tokens in return, proportional to the multiplier of the deposited Gobbler.
  2. Similarly users can withdraw any Gobbler from the vault by burning mGOB tokens proportional to the multiplier of the withdrawn Gobbler.
  3. mGOB can be bought, sold or LP'ed on Uniswap.
  4. The Goo generated from the vault can be used to mint Gobblers based on a strategy.
  5. Current strategy is MAX BIDDING!, i.e. buy Gobbler as soon as enough GOO is available.
  6. When Gobblers are in the vault then the vault can also mint a Legendary Gobbler.
  7. As more multiplier gets accumulated into the vault, price of mGOB appreciates. If a user deposits a Gobbler and the Vault mints another Gobbler (using Goo) then the user can withdraw twice the amount of Gobblers for the same amount of mGOB tokens. i.e. Multiplying your Gobblers

Who can use this?

Gobbler's are inflationary. Holders will have to actively mint Gobblers using Goo else they will lose market share in an inflationary game.

  • Artists: Want to not be diluted but don't know the optimal strategy or cannot actively play. Deposit your Gobbler.
  • 6, 7, 8 multipliers: Analysis shows that players who hold Gobblers with 9 multipliers will buy all the Gobblers in first 2 months (if MAX BIDDING), hattip paco0x. Want to participate in the first 2 months? Deposit your Gobbler.
  • Gobbler sellers: Want to sell your gobbler ASAP but don't know hoz to price it efficiently on Opensea? Deposit your Gobbler and sell mGOB on Uniswap (you will get the floor price)
  • Gobbler buyers: Want to buy a Gobbler but dont have enough Goo. Buy mGOB on Uniswap and withdraw a Gobbler.

Deployments

Goerli

LibGOO = 0xd637af1db8635b29edf462Cb01c0fe5E11902F3E

MultiplyGobblerVault = 0x94f6e4a405e0088944C4D23B58405238289DeCF2

MaxBiddingMintStrategy = 0xa6fC5ef4359783146258f6051cf6457b349B94A1

Usage

Pre Requisites

Before being able to run any command, you need to create a .env file and set a BIP-39 compatible mnemonic as an environment variable. You can follow the example in .env.example. If you don't already have a mnemonic, you can use this website to generate one.

Then, proceed with installing dependencies:

$ yarn install

Compile

Compile the smart contracts with Hardhat:

$ yarn compile

TypeChain

Compile the smart contracts and generate TypeChain bindings:

$ yarn typechain

Test

Run the tests with Hardhat:

$ yarn test

Lint Solidity

Lint the Solidity code:

$ yarn lint:sol

Lint TypeScript

Lint the TypeScript code:

$ yarn lint:ts

Coverage

Generate the code coverage report:

$ yarn coverage

Clean

Delete the smart contract artifacts, the coverage reports and the Hardhat cache:

$ yarn clean

License

MIT

Template © Paul Razvan Berg

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