📑Terms Within the Protocol

Castle- This is where $GEN go after your battle. You can withdraw from here to your metamask wallet 3, 5, or 7% in time increments of 16, 24, or 32 hours.

Arena Backed Value (ABV) – This is the amount in the $ARENA associated treasury that supports the ARENA token and it’s buy back price.

WCF – The Winners Circle Fund is where payouts occur every 48 hours. The top 50 places get paid out dependent on the total $GEN they have received in the past week ($GEN rewards from battles ending + $GEN from referrals)

Battle – This is how a user can earn yield on their $GEN. They stake it in a battle, choosing a risk factor of 25%, 50, or 75%. Whoever surrenders first loses the associated (risk factor) % of $GEN rewards (yield) to the winner of the battle.

Risk Factor: Whoever initiates the battle can choose the amount staked and the risk factor. The risk factor dictates the % of rewards transferred from the person who surrenders to the winner of the battle

Arena Coin Fund – This is the treasury for the $ARENA. It is able to disburse $ARENA to those who win battles and also exchange that $ARENA for BUSD or $GEN in the Arena Buy Back

Arena Buy Back(ABB)– The mechanism allowing users to exchange $ARENA for $GEN or BUSD

Takeda Shingen – The mastermind that has built the Battle Stakes ecosystem.

Referral System – Each user must have a referral id to enter the protocol (one will be provided if they do not have one). They will also create a unique id that they can give to others. Every time a battle is engaged by a user, the person who referred them will receive 5% of the $GEN staked

Takeda’s Wallet / Takeda’s Treasury Fund – This is the community wallet that all users who have solved the scavenger hunt have access to.

Arena Booster – In order to increase the capacity of $ARENA held, users can buy an Arena Booster from the protocol. These boosters increase capacity by 3 arena per booster.