The Fedz Game

The Fedz game is structured around a unique turn-based system integrated with a Private Liquidity Pool, where players (NFT holders) engage in strategic decisions to maintain currency stability, profit from arbitrage, and contribute to the ecosystem's resilience. Here's how the game breaks down into its simplest components:

Turns - The Action Phase

• Each Player's Turn: On your turn, you have specific actions available:

  • Normal Conditions: Choose to arbitrage by leveraging price differences between the Private Liquidity Pool and the open market. Your goal is to make a profit while helping to stabilize the currency.

  • Crisis Mode: When the market is in crisis (the currency's peg is broken, and bond prices have plummeted), your action shifts towards adding liquidity to the Private Liquidity Pool. This is your contribution to restoring stability and trust in the ecosystem.

  • Skipping Turns: If you decide not to take any action during your turn, incentives may kick in to encourage participation and reward your strategic patience.

Rounds - The Adjustment Phase

• Clearinghouse Adjustments: At the end of each round, which comprises a set number of turns, the game's clearinghouse steps in to adjust rewards and taxes based on the actions taken by players. This phase is crucial for balancing the game's economy and ensuring that incentives align intending to maintain stability.

Episodes - The Governance Phase

• Voting on Parameters: Periodically, an episode occurs where you and other NFT holders vote on key game parameters. This might include adjusting the incentives for adding liquidity, changing the rules for arbitrage, or modifying taxes and rewards. Your vote is your voice in shaping the direction and strategy of The Fedz ecosystem.

Key Takeaways

• Your Turn: Make strategic decisions based on current market conditions. Engage in arbitrage or add liquidity depending on whether it's a normal phase or a crisis.

• Rounds: Participate in the economic adjustments made by the clearinghouse, influencing your future strategy.

• Episodes: Vote on critical parameters to guide the ecosystem's evolution and strategy.

By participating in The Fedz, you're not just playing a game but actively contributing to a dynamic financial ecosystem that values stability, strategic thinking, and collective decision-making.