Buyback protection. Real backing. On every coin. 0x7b7faa885c237faba733e7006e80149ba9224643
Robinhood Chain
- Tweets 83
- Following 7
- Followers 628
- Likes 55
Proof-of-concept proves to be true. Next up is expand this proven concept to tokens that need it.
Brick by brick.
An interesting observation here is decent bounce whenever it touches the burn wall.
What exactly is happening?
• Burn wall fires, supply was bought then burnt.
• Supply crunches, vault compounds.
• Sell pressure was absorbed.
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An interesting observation here is decent bounce whenever it touches the burn wall.
What exactly is happening?
• Burn wall fires, supply was bought then burnt.
• Supply crunches, vault compounds.
• Sell pressure was absorbed.
Yields wall
- In line: 0.11 ETH
- Spent buying BRICK: 2.68 ETH
- Rewards pot: 0.086 ETH
Burn wall
- Spent: ~2.12 ETH
- Burned: 15.15M BRICK
- Ammo left: ~1.6 ETH
All time
- Revenue: 10.25 ETH
- Vault: 3.74 ETH
- Burn to claim: 352k BRICK
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Yields wall
- In line: 0.11 ETH
- Spent buying BRICK: 2.68 ETH
- Rewards pot: 0.086 ETH
Burn wall
- Spent: ~2.12 ETH
- Burned: 15.15M BRICK
- Ammo left: ~1.6 ETH
All time
- Revenue: 10.25 ETH
- Vault: 3.74 ETH
- Burn to claim: 352k BRICK
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Key focus of V2.1 is to reward eth depositors while they wait for an optimal entry to bricks. While also having a second layer of defense which is the wall. The vault is the final insurance. That's three layers of trust.
Brick by brick.
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V2.1 is live.
What's new?
• UI revamp, now fool proof
• Yield wall and burn wall set to aggressive mode
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Stared at the website for 69 minutes I realized it looked exactly the way I want it.
Never considered what the users would want to see.
Time to revamp this UI and make it as straightforward as it can be.
For traders, for creators.
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Project A: "We buyback and burn tokens"
Bricks: "Ok"
Project A: "It makes it deflationary"
Bricks: "Ok"
Project A: "Not impressed?"
Bricks: "It's ok but have you tried automated buyback to optimal levels and burn it for maximum deflationary effect? I haven't mention about the vault that compounds along with it."
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Hey Bricks Community, please be advised to withdraw your committed ETH here as we are migrating to V2.1
Your funds are safu and you may withdraw anytime.
Yields wall update going live soon.
Yields wall worked fine but we've done a few tweaks to make it more responsive to price action and rewards have also been boosted.
It will be implemented on the next update. You may withdraw your deposited eth now and use it on the next version as you wish.
There's no time limit to withdrawal and your funds remain safe.
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Yields wall update going live soon.
Yields wall worked fine but we've done a few tweaks to make it more responsive to price action and rewards have also been boosted.
It will be implemented on the next update. You may withdraw your deposited eth now and use it on the next version as you wish.
There's no time limit to withdrawal and your funds remain safe.
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Stats report:
BRICKS Factory holds
- Yields Wall: 2.38 eth
- Burn Walls: 2.44 eth
- Vaults: 4.34 eth
- total: ~9.28 eth
Spent / burnt all-time
- burn walls spent: 0.53 eth → ~6.27M BRICK burned forever
- yields wall spent: 0.056 eth → ~568K BRICK bought and delivered to depositors
- total deployed: 0.586 eth
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As a proof-of-concept, this type of condition as to the token, it proves to show that since day 1, both walls combined:
Burn wall: spent 0.056 WETH total (v1 0.017 + v2 0.039), which bought and burned about 1.18M $BRICKS (817k by v1, 366k by v2). Gone from supply forever. Ammo left: 2.91 WETH across both pots, roughly 28.7M $BRICKS worth of buying power at current price.
Yields wall: spent 0.0167 WETH so far (started firing tonight), bought about 185k $BRICKS. Those aren't burned, they go to yields depositors. Pot left: 0.163 WETH, about 1.6M $BRICKS worth.
These numbers are constantly being studied and refined as we come closer to the most efficient model for Bricks Wall Tech.
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Rewards for the community is here.
V2 is live with one of its key components "Yields Wall".
More info below ↓
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Earn ETH when you commit eth to Yields Wall. Yields Wall is the native buy order that acts as an additional wall of defense for drawdowns.
[ brickswall.tech/wall ]
How does this benefit the community?
- Rewards flow through yields wall.
- Buying the top is no longer the only option to earn.
- Sell pressure gets another layer of suppression. Encouraging holding as a better option.
Trust Layer just became stronger.
Current MC
_____
Yields wall (buyback + rewards)
_____
Burn wall (buyback/burn)
_____
Vault (real backing)
Now the Bricks Wall tech is no longer dependent on trading volume but an external source of wall funding can get in and eth is awarded in return.
Status here ↓
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What's next?
Plug-in
- Bricks Factory is a Plug-in that any coin on @ponsdotfamily may use for their own buyback/burn & vault system
- Status: already in its final testings and multi-level simulations
Collaborations
- Initial conversations are already happening for projects interested in Plug-in.
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