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Baked Beans on Solana: Whitepaper
Links
  • 👑Introduction
  • 1️⃣Initial Platform Release
    • Bean Grower Account
    • Bean Titan Account
    • Bean Loyalty
  • 2️⃣Account Systems Upgrade
    • Debuff System
    • Buffs
    • Gems
    • Baked Beans Store
    • Quests System
    • XP System
    • Leveling System: Levels 1 - 5
    • Can of Beans Reward System
  • 3️⃣Further Upgrades
    • Mini-Games
    • Donation System
    • Second Hand Marketplace
    • User Dashboard
  • 🔎Getting Started
    • How Baked Beans Works
    • Roadmap
    • Sustainability
    • Baking Beans
    • Re-Baking Beans
    • Eating Beans
    • Referral System
  • 🫘The Baked Beans Token
  • 🔮FAQ
  • 🔗Official Links
  • ⚖️Disclaimer
  • ☎️How to Contact Us
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  1. Initial Platform Release

Bean Titan Account

Users can upgrade to a Bean Titan Account by locking away a deposit of 5 Solana plus 1 Solana worth of Baked Beans Tokens for 30 days. During this waiting period, the user will hold a Bean Grower Account. Bean Titan Accounts offer reduced restrictions and increased benefits.

Withdrawal Policies:

  • Users can withdraw twice a week, double the frequency allowed for Bean Grower Accounts.

  • Withdrawal taxes are structured as follows:

    • 25% tax for withdrawals >= 100% of the total deposit

    • 20% tax for withdrawals >= 80%

    • 15% tax for withdrawals >= 60%

    • 10% tax for withdrawals >= 40%

    • 5% tax for withdrawals >= 20%

    • 3% tax for withdrawals < 20%

  • Users can withdraw up to 200% of their total deposits every 30 days, twice the limit of Bean Grower Accounts.

Deposit Policies:

  • Users are taxed at 10% for all deposits up to 4.999 Solana and at 20% for deposits of 5 Solana or more.

  • Users can deposit up to 20 Solana every 30 days (UI will display monthly deposit amounts and totals).

ROI and Compounding:

  • The base ROI for Bean Titan Accounts is 1.5%.

  • ROI increases by 0.25% for every 30 successful compounding actions.

  • The total ROI earned will be transferred to the user’s Level 1 Account upon platform upgrades.

  • No penalties for withdrawals, but withdrawals larger than 50% of total deposits result in a loss of 5-10% of BEANS (randomized).

Example:

  • A user who completes 90 successful compounding actions will have an ROI increased to 2.25%.

  • If a user deposits 10 Solana (equivalent to 10,000 BEANS) and withdraws 8 Solana, they will lose 5-10% of their BEANS.

    • 5% loss = 500 BEANS

    • 10% loss = 1,000 BEANS

Referral Program:

  • The user’s referral link provides a 1% ROI for both deposits and withdrawals.

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Last updated 12 months ago

1️⃣
Bean Titan Upgrade Page