White Papers of Goblin

3.0

ABSTRACT

Goblin is the governance token for the Goblinswap project, and it is entirely community-initiated, directed, and developed. The Goblin product will be developed entirely through smart contracts, with open-source contract code. Through using Goblin, the community has rights to vote on the functions and these will be developed by discussion of the community. There is no pre-launch and no private equity.

WHAT IS GOBLINSWAP

Goblinswap is a decentralized and distributed automated trading platform based on NULS smart contract. It makes use of the three main concepts of liquidity pool, Automated Market Maker(AMM) and Non-fungible token(NFT), which supports users to trade with a variety of products offered by different blockchain ecosystems.

Goblinswap uses the CPMM(constant Product Market Maker) model which is widely popular in Automated Market Maker (AMM) based Decentralized Exchanges (DEXs), Uniswap. CPMMs are based on the constant product (x*y=k), which establishes a price range for two tokens according to the available liquidity of each token. In Goblinswap, users can select a trading pair (in whitelist specified in the early stages of the project) to trade, or provide liquidity into a particular pool to obtain an LP token

Goblinswap will use Goblin to initialize its mining ecosystem and give back to the community. By locking a certain number of NULS, users will receive the exclusive “Goblin Legion”(NFT) sent by Goblinswap. The owner will get exclusive mining speed and rewards, as well as the ultimate control power.

VISION OF GOBLIN

1. Goblin aims to help NULS accelerate the foundation construction in DeFi ecology. It is also a starting point for NULS in DeFi construction. Whether lending, insurance, or asset management, there is unlimited potential in DeFi.

2. Goblin wants its token value to be stable, so it introduces the concept of NFT governance and community governance to establish a new DeFi + NFT project.

3. There are still many areas to be optimized in Goblin project, including how to attract external assets, prediction implementation mechanism, and open governance before the launch of NFT. Therefore, we welcome the active participation of all community members to continuously optimize the Goblin project.

WHY NULS

As DeFi matured, a number of DeFi projects were released on Ethereum. We have explored many public blockchain, NULS has excellent performance with negligible transaction costs. At the same time, the NULS network has supported the transfer of all ERC20 assets across the chain to NULS and the parallel chain network of NULS, meaning that in the future, a large number of assets from the major public blockchains will circulate and trade here.

In addition, the NULS Network supports cross-linking of various NULS assets to the ETH network, which fits well with Goblin’s plan. The product from the initial liquidity mining in Goblin will start up in Uniswap and then gradually move to Goblinswap.

I. MINING TIME LINE

The first mining time will be on September 29 to October 10, 2020, for a total of 10 days. The liquidity mining will start on October 20, 2020

The first mining shall begin at 4:00 on September 29, 2020 (UTC 0) The starting time of the liquidity mining is on October 20, 2020

II. WAY OF MINING

First mining: by pledging NULS to the intelligent contract, Goblin coins will be issued automatically after the first mining.

Liquidity mining:

1. Select active mining pool to lock the corresponding token (GLP) assets to participate in mining; 2. After the stake, the users can harvest new Goblin at any time, or unlock GLP staked at any time; 3. More mining pools will update in the future.

III. GOBLIN ECONOMIC MODEL

Goblin is the governance token for the Goblinswap project, and it is distributed totally based on the contribution of participants, without any pre-sale, premine or team distribution.

Distribution Method

All Goblin will be assigned according to the contribution of the participants. Early in the Goblinswap project, Goblin will be assigned according to the following rules and will be referred to the community for later modification and decision-making after the launch of NFT.

1. Cross-chain asset stake (only for the "Arathi" stage in the previous 10 days) 2. Stake GLP token obtained by providing liquidity (after "Arathi") 3. Casting NFT in the mine site 4. Participate in governance through NFT

IV. GLP TOKEN

The GLP token is the official Liquidity provider token of Goblinswap. To become a liquidity provider (" LPs "), users put the corresponding token into pools to provide liquidity. As a return, users will get GLP (Goblinswap liquidity provider) tokens, which can also be used in the mine. When users trade on an exchange, they will be charged a fee of 0.3% of the transaction.

Liquidity providers will receive the transaction fee, and distributed as follows: 1. 0.25% of this transaction will be provided to the liquidity provider. 2. 0.05% of this transaction will be given to Goblin holders.

V. GLP AQUIREMENT

After adding liquidity to the Goblinswap pool, you can get the "GLP" token.

The steps are as follows: 1. Click the "Add Liquidity" button; 2. Select the token pair to add liquidity to; 3. To fill in the amount to be added to the liquidity pool, click the “Authorization” button, enter your password, click “Add” and you will successfully increase your liquidity. 4. This transaction will provide your wallet some "GLP" tokens. These are Goblinswap LP tokens, which represent your share of the pool. All pools are labeled GLP, but represent different pools.

VI. ATTEND LIQUIDITY MINING

You need to use NULS or another token supported by the mine pool (get them in Goblinswap) to participate in the mining. Selecting the corresponding pool in the mine, entering the GLP amount to be staked, and after locking the amount, you can wait to harvest Goblin.

The specific steps are as follows: 1. Select the corresponding mine pool; 2. Authorization is required when you lock GLP at first time. Click the “Authorization” button, enter your password and then click the "Accept" button to complete the authorization of the token; 3. Enter the number of GLPS you want to lock, click the “Lock” button, and after entering the password, click "Confirm" button to complete the lock; 4. About 15-30 seconds after the lock is submitted, the amount of locked GLP and the number of Goblin to be harvested can be checked in the mine pool

VII. FORMAL MINING SPECIFICATION OF LIQUIDITY POOL

Allocating Goblin in multiple liquidity pools for mining to support staked liquidity mining. Users can participate in mining at any time by pledging the liquidity, as well as removing the stake and harvesting Goblin.

Stake

Periods

Number of Goblin produced per day

Days of mining

Start time

End time

Goblin/NULS GLP

5

625(Goblin)

2,000*(BlackIron)

20 days

2020.12.01

12:00:00

2020.12.21

12:00:00

LCC/NULS GLP

2

3,000(LCC)

20 days

2020.11.20

22:00:00

2020.12.10

22:00:00

NULS

First-time mining

25,000(Goblin)

20 days

2020.09.29

12:00:00

2020.10.20

12:00:00

EHT/NULS GLP

2

30,000(EHT)

30 days

2021.01.12

12:00:00

2021.02.11 12:00:00

VIBK/NULS GLP

1

3,333(VIBK)

30 days

2020.12.25

16:00:00

2021.01.24

16:00:00

BCNT/NULS GLP

1

25,333(BCNT)

30 days

2021.01.20

18:00:00

2021.02.19

18:00:00

TRG/NULS GLP

1

33,333(TRG)

30 days

2021.01.20

18:00:00

2021.02.19

18:00:00

BlackIron/NULS GLP

1

1200 (Tungsten)

90 days

2021.01.08

18:00:00

2021.04.08

18:00:00

The contract addresses attached to each GLP token are as follows: 1. GOBLIN/NULS GLP: NULSd6Hgzw5vrxMfsCWBDBjo6zdRazchD86SA 2. LCC/NULS NULSd6HgwodKPc6pj2S1WxsRhBZ6kPW1WN5vT 3. NULS:NULSd6HgzUdqytHqAqyZjDfFvUSbbcXafgPVk

VIII. RELEVANT CALCULATION METHOD

1) The total amount of Goblin obtained by users in GLP pool = ∑ (GLP proportion of users in a single block x the amount of Goblin produced by a single block) 1. GLP proportion of users in a single block = mining share of users in a single block/total mining share of all users in a single block; 2. The amount of Goblin produced by a single block = the total amount of Goblin allocated by the pool/the total amount of block chain generated in 20 days; 3. Mining share of users in a single block = the number of GLP locked by users in a single block * (1+ acceleration of a single NFT *3); 4. The amount of Goblin harvested by users = The total amount of Goblin received by users - the amount of Goblin already received by users;

2) The total amount of Goblin obtained by users in the mine pool = ∑ (The proportion of user NFT capacity in a single block x the Goblin quantity produced by pool in a single block) 1. The proportion of user NFT capacity in a single block = The NFT capacity in a single block/the total NFT capacity in a single block; 2. The NFT capacity in a single block =1+NFT capacity *3; 3. The amount of Goblin produced by a single block = the total amount of Goblin available in the corresponding stage of mining pool/the total number of blockchains produced within10 days; 4. The amount of Goblin harvested by users = The total amount of Goblin received by users - the amount of Goblin already received by users;

3) APY (Annual Percentage Yield) = (the amount of Goblin produced in the pool per second x Goblin price x 31,536,000)/the current amount of GLP staked 1. the current amount of GLP stake; 2. Goblin price: Goblin/NULS real-time price;

4) Reduction stage of mining pool: the amount of GOBLIN in the mine will be reduced every 10 days, after unlocking the mine and starting mining. The production of the first round will be reduced by 3/4, and the production of the next every round will be reduced by 1/2.

IX. NFT ACQUISITION METHOD

As liquidity mining opens, the team will issue 80,000 Goblin legion NFTS, each with a unique name and ID, and will unlock many shapes and styles in the future.

The maximum number of NFT obtained per person is 10, and the maximum number will increase in the future.

First-time mining

After first-time locking Nuls to mine, when the number of Nuls staked reach 3,000, the system will automatically send a "Goblin-legion NFT" to your wallet on October 20, 2020.

Store

1. In the store page of "Goblin Legion", you can randomly recruit 1 "Goblin Legion NFT"by spending 28 Goblin tokens (the price will fluctuate with the market price). Set Q as the popularity that 24-hour before purchase Set T as the current time Set I as the floating coefficient Set N as the fluctuation range and then the NFT price P is

2. 50% of the spent goblin will be destroyed, and the remaining 50% will be used on community team building;

X. NFT TRANSACTIONS

Marketplace

1. High level of goblin NFT, equipment, and minerals can be sold to other players on the marketplace. System will charge a handling fee of 3%; 2. Other players can find the Goblin legion NFT you are selling on the marketplace. You can choose the starting price, closing price and auction time. 3. Decentralized marketplace based on intelligent contract. 4. Platform will take orders according to transaction order without black orders and provide historical price curve information for purchase and investment for reference.

XI. NFT ACCELERATED MINING

1. At any time, users can send the Goblin Legion NFT to the mine pool to help increase the mining efficiency. (Pledging GLP into the pool is the priority condition); 2.Goblin Legion NFT mining process:

3. Goblin Legion NFT can be called back at any time after dispatching, and then the mining efficiency will be restored to the original. 4. The higher level of Goblin Legion NFT, the higher rate of mining.

Exclusive Goblin Legion NFT

Acceleration in GLP Mine Pool

Limited Number

State

LCC Exclusive Goblin Legion NFT

LCC-NULS GLP

500

Launched

EHT Exclusive Goblin Legion NFT

EHT-NULS GLP

500

Launched

ViBook Exclusive Goblin Legion NFT

VIBK-NULS GLP

500

Launched

XII. NFT LEVEL

1. The Goblin Legion NFT’s original level is level 1, and the maximum level is level 60. The maximum level will increase in the future. 2. As the level of the Goblin Legion NFT increases, more mines can be unlocked; 3. Leveling up the Goblin Legion NFT needs to consume mineral tokens, such as tungsten, produced in the mine. The increased experience value of every token is shown below:

Tokens category

Number of token

Increased experience value

Blackiron

1

5

Tungstem

1

8

Platinum

1

15

Obsidian

1

30

Cobalt

1

50

Titanium

1

100

*increased experience value will be adjusted according to real situation

4. The specific steps to level up Goblin Legion NFT are as follows: 1) Open the "Goblin Legion" into "my legion" page; 2) Select the NFT to upgrade, and click "Upgrade"; 3) The system will display how many levels and experience values can be upgraded by consuming the corresponding token; 4) Click "Authorization", then click "Upgrade", wait for 10 seconds (depending on the network) and you can see the upgraded NFT level and the experience needed for next level.

XIII. NFT MINE

1. Unlocking a new pool requires 100 Goblin Legion NFT. Different mine requires corresponding level of NFT to unlock. The unlocking requirements shall be as follows:

Amount of NFT required

NFT level

Mine

Default

1

BlackIron

100

10

Tungsten

100

20

Platinum

100

30

Obsidian

100

40

Cobalt

100

50

Titanium

2. After unlocking the mine, Goblin, Tungsten, Platinum, Obsidian, Cobalt, Titanium and etc, can be obtained by digging the mine through pledging Goblin legion NFT. These various tokens can be traded in Goblinswap. The details are as follows:

Mine

Main tokens produced1

Amount of goblin produced per day

Tokens2

BlackIron

Goblin

10,000

BlackIron

Tungsten

Goblin

10,000

Tungsten

Platinum

Goblin

10,000

Platinum

Obsidian

Goblin

10,000

Obsidian

Cobalt

Goblin

10,000

Cobalt

Titanium

Goblin

10,000

Titanium

3. The goblin legion NFT starts at level 1, and levels up by consuming the corresponding amount of tokens2. 4. Mining capacity will be increased according to the increase of level of Goblin Legion NFT.

XIV. MINING PROFIT

The amount of profit obtained by the user through mining depends on the NULS number +NFT level and the locked time. Profits are completely implemented by the logic of the intelligent contract code.

At the beginning, 80,000 Goblin legion NFT will be issued. Set the number of NFT as A, and the initial production of NFT is B, where the production is halved every 10 days. The production is reduced by 3/4 in the first 10 days. The production coefficient of one month = daily production * the number of days per month. Set the production coefficient as C. The daily profit Y from NFT mining is:

XV. BLOCKCHAIN GAME BACKGROUND

Goblins forge powerful alchemy weapon secretly, quickly overthrowing the troll who oppresses them and taking possession of Kozan as their home. At the same time, the Arahi Basin, located in the Arahi Valley, owns abundant mining resources, including Tungsten, Platinum, Obsidian, Cobalt, Titanium and other Tungsten mines, which lead to other races salivate over the basin. Goblins and other races compete fiercely for natural resources here...

XVI. BLOCKCHAIN GMAE SERIES

1.Jungle Adventure

In the Arathi Basin, the mercantilist Goblins transport collected supplies back to islands carefully to avoid conflicts with other races. Until a fleet of Goblins was destroyed another race, Shipwreck survivors are washed up on the unknown coast of the Saatchi Islands. In the dense jungle, they found many mysterious treasure chests and some unusual things.

(1) Unlock condition: there must be at least one level 20 "Goblin Legion NFT" in the wallet; (2) Consumption props: shovel (3) Shovel purchase: 1 shovel =6 Goblin; 5 shovel =24 Goblin; (The purchase price varies with the market price fluctuates) (4) The daily participation of jungle adventure of each address is limited to 50 entries per day, reset at 0 a.m.; (5) Every time attending the jungle adventure, you gain a certain amount of luck. When your luck value is full, you can surely gain a rare reward. (6) Rare bonus: the Goblin statue, which could redeem to a rare exclusive NFT in the shop, and the shop will be irregularly updated. (7) In adventure, after acquiring the Goblin statue, the luck value will be reset to 0. The goblin statue can be accumulated again.

• Golden Chest rule: when users get a Golden Chest through jungle adventure, they will get 15% rewards bonus from the Golden Chest pool. • GOBLIN Destruction and Handling Fee Rules:

(1) A commission fee of 5% of Goblin consumption will be used for community team building; (2) The remaining 10% of Goblin consumption will be destroyed and the rest will be put into the Golden Chest prize pool;

2. Goblin Farms

The survivors build a temporary Goblin Legion base along the coast used supplies from the Jungle Adventure. Each survivor begins to build his own farm. But some greedy goblins try to get something for nothing, sneaking off to visit other goblins’ farm. For protecting their fruits, Goblins begin to guard their own farms.

3. Goblin World

After exploring many treasure chests in the jungle, the Goblins discover a map of the Saatchi Islands with missing piece in a mysterious chests. The map marks treasure, mineral resources, towns, etc., Greedy Goblins begin to forge equipment in large quantities to explore the new world. Followed by the map, Goblin legion found a large number of native, robbers with well-equipped, island, criminals, and bandits and they were all fighting for the mine. The goblins suffered heavy casualties during the battle, and when they returned to base, the goblins began to forge weapon by the ore they had dug up. In order to seize mineral resources and guard the base, the goblin legion began a new journey.

(1) Each Goblin NFT can be equipped with helmet, breastplate, shoes, bracers, swords and accessories; (2) Each equipment has unique attributes, which can increase the NFT combat effectiveness; (3) The goblin world is divided into campaign, PVP, and World BOSS gameplay; (4) Rare ores can be forged into high-quality equipment;

• Divide up the world BOSS prize pool By increasing NFT strength, players can achieve higher ranking in game modes such as world BOSS challenge to divide the cash proceeds of the jackpot;

• Sell game assets The goblin legion NFT, equipment, ores(black iron, tungsten, platinum, obsidian, cobalt, titanium) can be tradable on the marketplace;

4.Goblin Travel

Goblin Travel is a casual simulation blockchain game based on science fiction. Through exploiting mineral resources, collecting tokens and reproducing, Goblins could enhance their NFT power, win the postcard fragments, and synthesize the final postcard (NFT) to compete for bonus prizes in the "Collection Ranking List".

(1) Every month, officials will unlock new countries or regions for players to travel and collect postcards. During travelling, every goblin will have certain HP (health points), and they can recover those points at home. When the HP is full, the Goblin will pick a random place to travel and send back a corresponding postcard fragment. (2) When gathering 6 fragments of a certain place, a limited postcard (NFT) will be formed. The players could either choose to collect it or trade it in the Exchange. Each country or region needs to be unlocked according to the number of postcards the players collect.

Collection Ranking List

Every month, there are new countries or regions being updated. When the players collected certain amount postcards of those new places, they can check their ranking and collection quantity in the ranking list. Till the end of the month, the Top3 players will be rewarded with Tin coin prizes from the bonus pool according to proportion.

Ranking Prize Pool

Every month, 10% of the auction revenue will be added to the bonus pool. The Top3 players will be rewarded with Tin coin prizes according to proportion. The Collection Ranking List will reset at 12:00am on the last day of every month.

Reproduce

In the Goblin Travel, each goblin is unique with exclusive attributes. The appearance of each goblin is due to their unique set of genes. Players would experience the pleasure of the unknown identity of two random goblins reproduce with each other. All goblins can be traded on the Exchange. The system also unlocks the Traveling World level based on the level of the new-born goblin.

XVII. GAME FRAMEWORK

XVIII. NFT CROSS-GAME REUSE

Goblin NFT and Postcard NFT are encrypted digital assets released on the NULS blockchain. In the future, your NFT in Goblin Travel games will be free to transfer (or revert back) to all of team's games to maximize asset value.

XIX. NFT VERFICATION MECHANISM

At present, the two areas, most widely used of NFT in the blockchain world, are the trading of collectibles and game equipment. At the same time, NFT can anchor the concept of commodities in the real world due to its non-homogeneous and indivisible characteristics, such as licensed tickets, a precious bottle of red wine, limited edition luxury goods, and uniquely designed jewelry, etc. To facilitate the feasibility of the NFT validation mechanism for assets on the chain and to validate the value of the NFT, in the subsequent planning, the team will build an NFT that can connect any valuable thing and trace the ownership of this information on the chain. Thus realizing the intersection of information and value. At the same time, users can easily trade and transfer on the chain, which greatly improves the user experience.

XX. Future Plan

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