The Fedz - Print 2 Earn
  • Stability Under Stress: The Fedz's Innovative Approach
  • Improving Upon Previous Attempts
  • Tokenomics
  • FUSD - The Fedz Synthetic Dollar
    • Private Liquidity Pool
      • Example: Private Liquidity Pools & Open Market Liquidity Pools
      • Example: Navigating Market Fluctuations in "The Fedz" Ecosystem
  • sbFUSD, Staking, and Printing FUSD: The Stability Engine of TheFedz
  • The Fedz Elements and Rules
    • How to Join The Fedz
    • The Fedz Game
    • Rule Book
  • The Fedz: A New Approach to Studying Bank Runs in Field Conditions
    • Invitation to Researchers
  • Background on Bank Stability
    • Academic Research and The Fedz Context
      • Kiss et al. (2012) on Deposit Insurance and Observability
      • Demirgüc-Kunt and Detragiache (2002) on Deposit Insurance and Market Discipline
      • Demirgüc-Kunt and Huizinga (2004) on Market Discipline
      • Madies (2006) on Partial Deposit Insurance
      • Schotter and Yorulmazer (2009) on Observability and Insurance
      • Preventing (panic) bank runs Hubert J. Kiss 2022
      • William A. Branch eta al (2022) on Noise and Sunspots in Financial Models
      • Andolfatto (2017) on Preventing Bank Runs
      • Diamond and Dybvig meet money: Are deposit contracts efficient after all? (D. Rivero, H. Rodrıguez)
      • Starr and Yilmaz (2007) on Social Networks
      • Jacklin (1987) on Investment Technology
      • Leveraging Axelrod's (1984) Game Theory for Enhanced Cooperation in The Fedz
    • Key hypothesis & Research Terms
      • Dynamic Reward System (After-Tax) in The Fedz Ecosystem
      • Isolated Decision-Making in The Fedz Ecosystem
      • Decentralized Clearinghouse and Governance in The Fedz Ecosystem
      • Decentralized Bailout in The Fedz Ecosystem
      • Privileged Access and Sustained Stability in The Fedz
    • Contributions to Future Research
    • TBD - ZK for keeping the NFT player choice and deal with it together at the end of the round.
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  • NFT Holding: Your Ticket to Participation
  • The Clearinghouse: Settlement and Management
  • The Committee and The Fedz DAO: Governance and Decision-Making
  • Conclusion

The Fedz Elements and Rules

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Last updated 10 months ago

"The Fedz" is a pioneering GameFi platform that merges the realms of decentralized finance (DeFi) and strategic gameplay. It offers a unique ecosystem for NFT holders to engage in financial strategies, earn profits, and contribute to a dynamic economy. Below is an overview of the key elements and rules that define The game.

NFT Holding: Your Ticket to Participation

Ownership of a "The Fedz" NFT is not just a mark of membership in an exclusive community; it's your ticket to participate actively in the game. Holding an NFT grants you the following privileges:

  • Exclusive Gameplay Access: Only NFT holders can play the game and make strategic decisions that affect the ecosystem's stability and financial outcomes.

  • Private Pool Access: NFT holders have exclusive access to the private liquidity pool, a critical game component allowing arbitrage, liquidity provision, and other profit-generating activities.

  • Profit Generation: NFT holders can generate profits within the game's ecosystem through active participation, strategic decision-making, and utilization of the private pool.

The Clearinghouse: Settlement and Management

The clearinghouse acts as the central settlement entity within "The Fedz" game, responsible for:

  • Arranging Gains and Fees/Taxes: At the end of each round, the clearinghouse calculates and distributes gains to players based on their actions and decisions. It also assesses and collects any applicable fees or taxes, ensuring the game's economic balance.

  • Management Evolution: Initially, the clearinghouse's operations may be centralized, but as "The Fedz" evolves, management can transition to a decentralized model through multi-signature wallets, smart contracts, or a combination of both. This evolution aims to enhance transparency, security, and community involvement in the game's governance.

The Committee and The Fedz DAO: Governance and Decision-Making

The governance structure of "The Fedz" is overseen by the committee or The Fedz DAO (Decentralized Autonomous Organization), which is responsible for making high-level decisions that shape the game's direction and rules. These decisions include:

  • Setting the Reserve Ratio: Determining the required reserve ratio that NFT holders must maintain to ensure the game's financial stability.

  • Acceptable Assets as Collateral: Specifying which assets NFT holders can use as collateral to participate in the game and back their financial activities.

  • Interest Rates Based on Wisdom of the Crowd: Adjusting interest rates within the game to manage economic incentives and the overall monetary policy.

  • Number of Players: Regulating the number of active players or NFT holders to maintain a balanced and manageable ecosystem.

  • Game-Level Decisions: Making other critical decisions regarding game mechanics, features, and policies to ensure "The Fedz" remains engaging, profitable, and stable.

  • Issuing Debt: TBD

Conclusion

"The Fedz" offers a complex yet rewarding experience for NFT holders, blending elements of finance, strategy, and blockchain technology into a cohesive GameFi ecosystem. By participating in "The Fedz," players engage in a living economy where their decisions impact their fortunes and the health of the broader game environment. Through strategic gameplay, governance participation, and active engagement with the game's economic mechanisms, NFT holders are not just players but pivotal contributors to a revolutionary financial experiment.