Mint in 1 hour - 4:30 PM UTC: https://t.co/3ZV4KR4KSp
10,000 NFTs × 500,000 tokens = 5,000,000,000 $SQWG, exactly the total supply. Every piece is backed by the vault at a fixed rate, both directions. That's a floor, not a price - and after mint ~67% of supply sits in public hands, one swap from the pool. Every NFT/AMM hybrid dies right there.
What makes this different: the float shrinks by choice instead of by lockup rules, the revenue exists at launch instead of being promised, and the floor never moves whether you play or not. Nobody else pairs all three.
So we're building our own FWA-style NFT casino for Squiggle-Wuiggle NFTs.
Lock your NFT. While it's locked it can't be redeemed, so it leaves the convertible float entirely - the overhang shrinks because holders chose to, not because we asked nicely.
Every locked piece collects fees while it sits there - ticket fees, plus the 0.96% we earn as the only LP in the AMM. Nothing is paid out along the way: the fees stay attached to the piece itself, so an old lock is a fat one and a fresh lock is empty.
Players buy a ticket and draw one random locked piece by VRF, weighted so the fresh ones come up most. Draw something that's been sitting for months and you take everything it accumulated. Flat ticket, wildly uneven prize. That's the game.
Get drawn and you keep what it earned up to that moment, or the winner sells the piece straight back to you at the peg. You don't lose the floor either way
See you soon!
Public Mint opens today in 4:30 PM UTC: https://t.co/VjJI9U16Nh
• 10 ETH will be injected into the token's liquidity pool
• 1 NFT = 500k tokens
Major announcements landing in the next few hours