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Summary of Fayda
- Fayda is a web3 PvP game with a hybrid smart contract that interacts with a liquidity pool contract.
- Players select a number from 1 to 100 and pay an entry cost in BNB, which forms the game budget.
- Games can have 2-4 players, with the number of players and entry cost set by the game creator.
- Players receive a share of the game budget based on how close their number is to a randomly generated number.
- FAYD is a BEP-20 token used for insurance and compensation for losses, with 50 million tokens initially released.
- New tokens are released as compensation for losses, while taxes and commissions are used to redeem and burn
About Fayda: Empowering a New Era of Digital Assets
Fayda is a captivating web3 PvP game, boasting a sophisticated smart contract that seamlessly integrates the game mechanics with a BEP-20 token, which interacts with a liquidity pool contract. The game’s intricate processes are deeply interconnected, directly impacting the overall supply and value of the FAYD token. Players wield complete control over the entire gaming experience, empowering them to create new games, participate in existing ones, and influence the outcomes of previous matches.
Game description: Players select a number between 1 and 100, paying the entry cost in BNB, which forms the game’s budget. The game accommodates 2 to 4 players, with the player count and entry cost determined by the game creator. Once all players have joined, the game enters a waiting mode to process the results, generating a random number and distributing the game budget. The further a player’s number is from the drawn random number, the larger their share of the game’s budget. If a player’s share is less than their contribution and they have opted for insurance, they receive compensation equivalent to their loss in the form of the FAYD token.
FAYD is a BEP-20 gaming token designed to provide insurance and compensation for in-game losses. Upon contract deployment, an initial 50 million FAYD tokens were released. Subsequent token releases occur as a form of compensation for participants’ losses during gameplay. Notably, taxes and commissions generated from the game are directly allocated to a pool, where they are utilized for token redemption and burning, thereby maintaining a delicate balance in the overall FAYD supply.
The liquidity pool, situated on Pancakeswap v2, boasts an initial volume of 42.5 million FAYD tokens (constituting 85% of the pool) paired with 42.5 WBNB. Notably, the liquidity pool’s smart contract is intricately linked with the game’s smart contract, resulting in the destruction of the liquidity token.
Get ready to be hooked – once you start, you won’t be able to resist the thrill!