Deposits & Withdrawals
Last updated
Last updated
In order to increase your in-game purchasing power, you can buy $AIP tokens on Aerodrome (Base L2) and top-up your PettBro's inventory. To do that, you'll need to transfer the tokens to the Telegram's hosted wallet or connected wallet (for more details revert here) and only then deposit on Pett.ai.
Notwhistanding, depositing $AIP in-game awards your companion with some extra experience points! The amount of XP earned increases with the amount of $AIP deposited, but this relationship follows a square root function, meaning the rewards grow at a decreasing rate as the deposit amount increases.
For example, depositing 100 units of $AIP would yield approximately 39.47 XP, increasing your companion's level.
The team has employed some safety measures to avoid looped deposits. Any attempts to exploit loopholes or manipulate this mechanism will result in a loss of XP.
The Withdrawal Slash Function is designed to balance fairness & incentives taking two factors into consideration, elapsed time since initiating the withdrawal and the PettBro's level. The slash is only applied to tokens earned in-game. All $AIP tokens bought and deposited are exempt from any type of slash and can be withdrawn anytime.
Withdrawals for $AIP tokens are enabled for all players level 15 or above.
The slash function is given by the following equation:
The 2D-algebraic function heavily scales down incurred tax for higher level users further decaying as time goes by.
All ETH deposited in-game can be withdrawn anytime without incurring any slash.
In order to foster a dynamic economy, the slashed tokens will follow a 50:50 distribution, with half of them being burned and the rest being returned to the PettBro on the leaderboard. The burn events will be tracked on-chain.
Please revert to Leaderboard to find out more about the leaderboard distribution system.