All smart contracts are launched on Polygon network
Classical masterchef is used as the backbone for creating rewards(inflation)
- Pancakeswap's autocompound pools have been modified to create time deposits
- XVMC governor acts as a decentralized governor of the whole system, including inflation schedule
- "Side contracts" contain the logic and storage, while the main contract(XVMC governor) is used
as execution layer
- Users act as oracles to regulate the system in decentralized manner
- The stakers form the consensus model that can add new functionalities and modules,
create improvements, fine-tune existing architecture, or re-design the whole system
To secure the code most of the functions are frozen until after November, giving time for fixes, a potential peer review and full security audit. Any help is appreciated and you can get rewarded. The average developers could not understand
the concept and the extraordinary ones didn't want to work on it or were out of budget, so it had to be done in-house. It's quite possible some of the math doesn't work out and there could still be inefficiencies. Your help is appreciated.
During the first month (prior to distribution ), we chose to prioritize flexibility over decentralization. Thus there is still alevel of trust relayed on the contract owner. It allows for quick fixes and updates if needed.
Once the contribution phase ends and tokens are distributed, the contract owner will be renounced and the decentralized governance will go in effect.
Owns masterchef, owns treasury wallet, owns NFT wallet, is an admin for Time Deposit Pools
Designed to work 100% decentralized, but during first month(prior to token distribution), the owner still has the abilities to make quick changes without required consensus approval
Logic & Storage
Act as extension of XVMC governor to abide contract max size limit
Functions are blocked until 17th of November, allowing for fixes and updates
Disclaimer: Until the tokens get distributed and contribution phase is finished there is an option for quick fixes and changes without consensus.
The owner of the contract can be transferred after a time lock period.
After the contribution phase ends and tokens are distributed, the system will be fully decentralized(ownership renounced) without any party having full control.
Notice: New version of pools are currently being launched with additional features. They will allow parallel stakes. There will also be an
additional option to irreversibly lock up your tokens, without any option to withdraw before expiry - this will be used when distributing free-claimed tokens.
Temporary owner of Time Deposit Pools(timelocked migrator)