How it works
Slayer Loop Mechanics
$D4BT is a community-driven meme experiment that breathes with SOL.
Logic is transparent, automated, and oriented around a 90-day cycle:
Burn → Accumulate → Release. No promises. No human switches. Just code & data.
Live trend (from public endpoint)
Source: https://api.debtwars.app/status. If trend = UP → fee 0%.
If trend = DOWN → fee 2% (design intent).
Summary
Core Rules (design intent)
- Cycle: fixed 90 days (epoch).
- Trend source: price read from on-chain oracle (Pyth SOL/USD) and mirrored to a public API for transparency.
- Fees: 2% only when SOL is down; 0% when SOL is up.
- Flows on fee: 1% → Combined Slayer Vault (future rewards). 1% → Buyback & Burn.
- End of cycle: If SOL is up → distribute up to 3% of the Combined Slayer Vault to eligible stakers (and NFT perk per Tokenomics). If SOL is down/volatile → reinforce burns.
Exact addresses & parameters will be published with mainnet deployment. Everything can iterate.
Why this design?
Fair, simple, memetic
- Aligns incentives with SOL direction without overcomplication.
- Keeps rewards variable and capped (up to 3% per epoch) to protect sustainability.
- Encourages long-term holders via staking & periodic epochs.
- Public endpoints + on-chain data → verifiable & transparent.
The 90-Day Loop
- Burn & Fuel — When SOL dips, the 2% fee activates:
- 1% → Combined Slayer Vault (future rewards pool).
- 1% → Buyback & Burn engine.
- Accumulation — Vaults grow while holders stake. NFT royalties (see Tokenomics) flow into the Combined Slayer Vault.
- Release or Reinforce — At epoch end:
- If SOL is up vs epoch open → distribute up to 3% of the Combined Slayer Vault to stakers (NFT perk per Tokenomics).
- If SOL is down/volatile → allocate more to Buyback & Burn.
“Up”/“Down” and thresholds are computed from the oracle feed and internal snapshots. Exact formulae will be documented before mainnet.
Fee Logic
- UP trend → 0% protocol fee.
- DOWN trend → 2% protocol fee (1% Vault + 1% Buyback & Burn).
- Trend is evaluated on a fixed schedule (e.g., every 5 minutes) to reduce opportunistic timing.
This is a meme experiment; parameters may evolve with community feedback and testing.
Distribution at Epoch End
- If SOL ↑: up to 3% of Combined Slayer Vault paid to stakers (and NFT perk per Tokenomics).
- If SOL ↓ / volatile: emphasis on Buyback & Burn.
- Leftover balances roll into next cycle.
See Tokenomics for allocations, supply, and NFT royalty policy.
Staking & NFT Perks (high level)
- Staking eligibility and NFT boosts are tied to epoch timelines and snapshots.
- Exact snapshot window (e.g., last 48h) and min holding periods will be published pre-mainnet.
- NFT collection (Phase 1: 499 supply) — mint proceeds to LP; royalties feed the Combined Slayer Vault.
All perks remain experimental and depend on vault balance and market conditions.
Data Sources
- Price: Pyth SOL/USD on-chain oracle.
- Public Mirror:
https://api.debtwars.app/last_price & /status (5-min updates).
- Website: read-only display; no private control switches.
Endpoints are for transparency only; on-chain state is the source of truth.
Fairness & Risk Notes
- Fixed-interval updates help reduce timing games; parameters can iterate.
- Public code & logs where feasible; avoid centralization risks.
- Not financial advice. This is a meme experiment; you can lose money. DYOR.
FAQ (Short)
- Can fees change? They can be adjusted by governance/config in future iterations. The current intent is 2% on SOL-down, 0% on SOL-up.
- What defines “SOL up”? Comparison against epoch-open and/or smoothed recent snapshots from the oracle (exact math will be documented).
- Who gets rewards? Eligible stakers (and NFT perk per Tokenomics) at the end of a cycle, if SOL finishes up.
Full details → Tokenomics & Roadmap.
