Our Features
Last updated
Last updated
One neat feature of mr krabz is its cross chain interactions and the way it uses axelar to go about it. We'll go into more contract features in depth as the documentation goes on but think of this as an overview.
Cross Chain Reward Pool : Mr Krabz makes use of a cross chain reward pool to issue out its funds to users. This means if we have a round that has 10
participants on all our supported chains. Say 6
of them are on FVM and 4
of them are on Polygon
, assuming only two users get all three numbers correctly, one from each chain. They would initially have had to split rewards between members of their own chain and themselves but now they also benefit from ticket purchases from other users on other chains which in turn increase the reward pool.
Cross Chain Balance : Mr Krabz makes use of a cross chain balance and wallet system to allow users to purchase tickets when a new round goes live. This balance can be updated cross chain. For instance. John is conneted on the mumbai chain and has some matic, he can deposit the matic into his cross chain balance on Polygons chain and connect to the application on FVM chain and still see his wallet balance being reflected across chain. Meaning he can have multiple assets in his cross chain balance and still feel like he's on one chain.
Krabz token is an interchain token deployed on all supported chains for mr krabz. Krabz token is the token that users are paid in for rewards for their winnings or for refunds on their losses. Due to the utility nature of the krabz token. It will automatically have value in the Krabz contract because other supported assets are backing it up in the krabz contract when user purchase tickets for rounds.