Example
Let’s walk through how the PyrroSol protocol functions across three consecutive days with three participants: Alice, Bob, and John.
Day 1: Alice Joins
Contribution: Alice sends 100 batches (15 SOL + tokens like $SLERF).
$PYRO Minted: 10,000 $PYRO (Alice receives all, automatically staked).
Rewards:
Alice earns 100% of the $PYRO for the day (10,000 $PYRO).
SOL Pool: Alice receives 90% of the SOL pool (13.5 SOL), with 10% (1.5 SOL) allocated for administrative costs and NFT rewards.
The contributed $SLERF tokens are burned at the end of the cycle.
Day 2: Bob Joins
Contribution: Bob sends 50 batches (7.5 SOL + tokens like $JUP).
$PYRO Minted: 9,980 $PYRO (Bob receives all, automatically staked).
Rewards:
Bob earns all the $PYRO for the day (9,980 $PYRO).
SOL Pool:
Alice and Bob share the 7.5 SOL, based on their staked $PYRO:
Alice (from Day 1): 3.375 SOL.
Bob (from Day 2): 3.375 SOL.
10% of the SOL pool (0.75 SOL) goes toward administrative costs and NFTs.
The contributed $JUP tokens are burned at the end of the cycle.
Day 3: John Joins
Contribution: John sends 33 batches (4.95 SOL + tokens like $PYTH).
$PYRO Minted: 9,960 $PYRO (John receives all, automatically staked).
Rewards:
John earns all the $PYRO for the day (9,960 $PYRO).
SOL Pool:
Alice, Bob, and John share the 4.95 SOL, based on their staked $PYRO:
Alice (from Day 1): 1.485 SOL.
Bob (from Day 2): 1.485 SOL.
John (from Day 3): 1.485 SOL.
10% of the SOL pool (0.495 SOL) is allocated for administrative costs and NFTs.
The contributed $PYTH tokens are burned at the end of the cycle.
Long-Term Impact
Proportional Rewards: As more participants join and contribute, the $PYRO supply grows, and the share of early participants (like Alice) gradually decreases unless they continue contributing.
Example After 517 Days: If Alice, Bob, and John stop contributing, their staked $PYRO will represent less than 1% of the total supply, as more $PYRO enters circulation over time.
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Example: How PyrroSol Works Over Three Days
Let’s walk through how the PyrroSol protocol functions across three consecutive days with three participants: Alice, Bob, and John.
Day 1: Alice Joins
Contribution: Alice sends 100 batches (15 SOL + tokens like $SLERF).
$PYRO Minted: 10,000 $PYRO (Alice receives all, automatically staked).
Rewards:
Alice earns 100% of the $PYRO for the day (10,000 $PYRO).
SOL Pool: Alice receives 90% of the SOL pool (13.5 SOL), with 10% (1.5 SOL) allocated for administrative costs and NFT rewards.
The contributed $SLERF tokens are burned at the end of the cycle.
Day 2: Bob Joins
Contribution: Bob sends 50 batches (7.5 SOL + tokens like $JUP).
$PYRO Minted: 9,980 $PYRO (Bob receives all, automatically staked).
Rewards:
Bob earns all the $PYRO for the day (9,980 $PYRO).
SOL Pool:
Alice and Bob share the 7.5 SOL, based on their staked $PYRO:
Alice (from Day 1): 3.375 SOL.
Bob (from Day 2): 3.375 SOL.
10% of the SOL pool (0.75 SOL) goes toward administrative costs and NFTs.
The contributed $JUP tokens are burned at the end of the cycle.
Day 3: John Joins
Contribution: John sends 33 batches (4.95 SOL + tokens like $PYTH).
$PYRO Minted: 9,960 $PYRO (John receives all, automatically staked).
Rewards:
John earns all the $PYRO for the day (9,960 $PYRO).
SOL Pool:
Alice, Bob, and John share the 4.95 SOL, based on their staked $PYRO:
Alice (from Day 1): 1.485 SOL.
Bob (from Day 2): 1.485 SOL.
John (from Day 3): 1.485 SOL.
10% of the SOL pool (0.495 SOL) is allocated for administrative costs and NFTs.
The contributed $PYTH tokens are burned at the end of the cycle.
Long-Term Impact
Proportional Rewards: As more participants join and contribute, the $PYRO supply grows, and the share of early participants (like Alice) gradually decreases unless they continue contributing.
Example After 517 Days: If Alice, Bob, and John stop contributing, their staked $PYRO will represent less than 1% of the total supply, as more $PYRO enters circulation over time.
Key Takeaways
Each cycle lasts 24 hours.
$PYRO tokens are minted each day, decreasing by 0.2% daily.
Users must contribute batches (SOL + tokens) to earn $PYRO.
90% of SOL goes to participants who stake $PYRO, while 10% is reserved for administrative costs and NFT rewards.
All contributed tokens (except SOL) are burned at the end of each cycle.
$PYRO is automatically staked unless claimed, and claiming halts further SOL rewards until the $PYRO is re-staked.
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