Busy Beavers
This page describes the mechanics and inspiration of the Busy Beaver NFTs.
Last updated
This page describes the mechanics and inspiration of the Busy Beaver NFTs.
Last updated
Beavers are Canadian rodents known for creating thriving habitats and sustainable environments through diligent work and resource management. However, in theoretical computer science, "Busy Beavers" are machines designed to produce the maximum possible output before halting.
These two concepts were put together to create an NFT Collection that received assets from every part of the Ecosystem for their efforts in helping to maintain a thriving and sustainable digital trading environment.
Once phase 1 of Geeks Ecosystem is complete, the Busy Beaver NFTs will be receiving resources from 30 sources; four $ETH LP pools, four $BNB LP pools, 6 $Geeks LP Pools, four $Fire LP Pools, four revenue-generating dApps, six NFT Royalties, and both passive and active development income from Aevum DeFi.
The Busy Beavers operate on a three-token deposit-based system developed by Aevum DeFi, the main development group responsible for the design and implementation of Geeks Ecosystem, where $ETH, $Geeks, and $Fire tokens are deposited into a smart contract, and each NFT receives 1/50th of the amount deposited. This approach allows NFT owners to delay claims for multiple deposits, and the rewards remain unchanged.
By leveraging the low costs and high speeds of the Base and BSC blockchains, the transfer of $ETH, $Geeks, and $Fire tokens should stay well below $1 and can be performed in less than 15 seconds.
The Smart Contract for the Beavers can be found below. The file is flattened, therefore the custom code begins on line 2382.
