# Welcome to Trava Knight NFT Trava Knight NFT is one of six products developed by Trava Team. Trava Knight NFT is the first step on our path to reach our goal of NFT-collateralization in our lending pool system. {% embed url="" %} # About us ## About us Trava Knight NFT is one of six products developed by Trava Team. Trava Team was established in 2018 with initial 20+ members, and our team has gathered outstanding specialists and individuals in such domains of blockchain, security, finance, and risk management. You can find out more about our team on our website: [**https://trava.finance/**](https://trava.finance/) ## **Our vision and mission** NFT-collateralization is considered as one of our USPs. As a result, Trava Finance is making progress toward its goal of allowing NFTs to be used as collateral and improving the lending protocol. In the future, we will develop the auction mechanism to price our NFTs and then prepare to integrate NFTs into our lending pool, which acts as collateral for loans. **Trava NFT Marketplace,** which is planned to launch first, will be the first step on our path to enable NFT-collateralization feature and bring huge benefits to our lenders and borrowers in the near future. The launch of Trava Knight NFT also helps us to increase TRAVA utility in our system, as all the trading on our Marketplace will be in $TRAVA. Thus, $TRAVA holders will receive a lot of benefits from the launch of Trava Knight NFT. Moreover, our mission is also to maximize the utility of Trava Knight NFT in our lending pool system. # Our story: The Epic of Trava Knights ## **The Epic of Trava Knights - Chapter I** **The Hundred-Year Draconic War** Once upon a time, there existed the Trava Kingdom, ruled by Wise King Svitanae, ever prosperous and halcyon. Then, the terrible Dragons of the North came. Led by the Elder Wyrms, they rent lands with their teeth and claws, burn cities with their fiery breath and ravage the forests with their wings. ![](https://lh6.googleusercontent.com/gb__pNB2GFVdrZKeb8KHZOaJtK10CvF9N7VX-KKfQZPqd0vP5BE5xwcGCADU6zct6z58VLKSQQDJofFgxvK3cTXKDgAPWXteY-plTIgfSzcLpOTrdZ6W4NTJq1tKSyotysnHGR8O) Wherever the Dragons went, death followed suit. Fear and panic spreaded throughout Trava Kingdom, and the land once overflowing with life now barren, wasted and desolated. Before long, the Dragons had scourged all cities and villages of Trava Kingdom but the Sacred Citadel, Middangeard, where lay the Lending Pool, the lifesource of Trava Kingdom itself. The brief respite afforded the Kingdom was but fleeting, and the final days drew nigh… In the darkest hours, King Svitanae walked to the Lending Pool, with the Holy Scepter tight in hand. “I summon thee, Goddess of the Pool. Heed my word, and deliver us from inevitable doom. Come, Viviane!”. A vague silhouette appeared, radiating a bright aura that shone upon the castle not unlike midsummer noon. The Goddess Viviane appeared, bringing along her solemn voice: “The Champion hath been reincarnated, and he shall be the one who endeth the Dragons’ reign.” ![](https://lh6.googleusercontent.com/yJizhVm8gzB3Cf3tXGMqyyor2FPedyvpBp9YVQTZ9EVRetg315x-mLJOCUy_mXq5lWigb-zx1QZ7L-gpdIyDCq3EeegnmSplHglpJRXUV_A_CC4DzszVMhBJZwpKiCxNFfrR8ApD) At the same moment, an enigmatic voice echoed throughout the Kingdom. “Legends of the Land, heed thine King’s call. Gather thyself at the Citadel, and thou shall be blessed by my power.” ![](https://lh3.googleusercontent.com/FDXwuk9Y5aVFJegxTvJAxp1TFA7ANIRlk-LebXdQbBC0S6Zsz90lANiD0tIE40HbiRxqn7MwLSPMijKXngycaF_8QumkBu729NMpZxQhNUsfDwXciKRFVSeYqqw9nsdWc9iN5lra) Men of all ages gathered at Middangeard, and without exception, each was granted a Trava Knight Armor set, blessed by Viviane power through the Lending Pool. The new Order of the Holy Knight of Trava was thus formed, and the hundred-year Draconic War thus began. ![](https://lh6.googleusercontent.com/Qle48RnjeSVfujVGH2vqs7-ZtzEoF_EhVtUWGY0m9j4_vRZtrfs3rFpP_cpbvzBSU_wqEd9eBgC9IB7mspz0gS81nB7zPrpWyFjmR-xEIwu7OZyZ5dGvjb1sYEHQO0oRaLSiefpE) Until the prophetic Champion of the Crystal would arrive… ## **The Epic of Trava Knights - Chapter II** **The Burning Flame of Daedalus** The night was dark and cold, and snow was falling down, whitening the shoulder of a robed figure, walking slowly but firmly towards a glimmering light in the distance. The howling winds and blistering frost did not seem to deter this figure’s presence, even though his robe tattered, his boots torn, and each gust seemed to cut deeper and deeper into his flesh and bones. Even in the blackest of the night, there were always two amber dots, shining ever brightly, gazing ever heavensward as they had done for so long. For this robed figure was King Svitanae, and for him bearing the weight of his Kingdom on his back. “Knock, knock!”. King Svitanae arrived at a wooden hut, located high on Orange Mountain, the source of the aforementioned flickering light. “Who disturbeth me?” - a voice as hollow as a winter eventide, echoed through the darkness. “It is me, King Svitanae, and I am here to collect thy debt.” The door burst open, an old man with a crooked back and wrinkled skin thus appeared. “Thou hath come.” “Daedalus, the greatest blacksmith in the land, I request thee aid. The dragons cometh, and ordinary weaponry do naught against their magic.” “... I care not for the fate of this accursed land. But it is thou whomst I owe… Surpass me in combat, and I would consider thy requisition.” “So be it.” Moments later, two shadows emerged, stancing in opposition on a grassy arena. Daedalus, once a crooked-back man, then standing straight. His head held high, his azure eyes shone bright, his grip on Damocles, the legendary sword, firm and tight, his grey hair blowing against the wind, creating mesmerizing silver lines. In the moment, he was not an old geezer anymore, he was a warrior, the bloodline of Mars ran through his vein, burning ever fiery and fiercely. Svitanae, breathing slowly and calmly, gazed towards Daedalus. His grip trembled slightly, not from fear, not from intimidation, but from determination, from the responsibilities entrusted to him by millions of his subjects. As if understanding its master’s resolve, Laevateinn slightly shook, creating a humming sound pierced through the darkness. “We finish this in one strike.” A flash of light. A sound of crossing blades. A circular shockwave, originating from the dead center of the arena, roared through the night. Snow instantly vaporized, raining down not unlike midsummer storms. Dust slowly settled, revealing two shadows, each holding his sword straight from his arm. As if time had stood still. A long time afterwards, a shadow suddenly collapsed to the ground. “Thou… hath bested me…” “It is for my Kingdom. I can not… No, I must not fail my people.” “Very well. I shall fulfill my debt… ‘Twas my destiny, and I shall accept it.” Daedalus, having regained his old man form, stood up and walked back to his hut. Inside, he lit up a long forgotten furnace. The flame of Daedalus, not red, but deep blue like the boundless sky, danced happily inside the furnace, as if welcoming a long lost father home. “Bring me materials, I shall forge thee equipment. Consider my debt paid in full." The hundred-year Draconic War thus continued… ## **The Epic of Trava Knights - Chapter III** **The Phantasm of the Auction House** “15 million TRAVA!” “20 million TRAVA!” “30 million TRAVA for this Crystal Armor, passed down from the legendary Sir Cedric of Mysidia! Anyone wants to contest this lovely lady?” “SOLD!” As the night passes, sounds of elites and aristocrats, carefree of the tragedy looming by the dragons, echoed through the vast halls of the Auction House, a mansion owned by Winfred Haytere, the wealthiest man of Trava Kingdom. In contrary to the brave knights who put their lives on the line for the existence of Trava Kingdom, a huge portion of aristocrats could not care less about the survival of the common folks, and they indulged in endless parties, bought the most luxurious decorations they could afford, and the Auction Night, held semiannually at the Auction House, exclusive to nobles, surely was of an important event for the elites to show off their wealth. The Auction this year was no different, until suddenly… the lights went all off, and a sound of bell echoed through the dreaded silence of the halls. “There is no need to panic. I just came to retrieve what is rightfully mine.” - a dull voice emanated from a ghastly shadow, hanging on the beam of the Auction House. “Who art thou? Guards! Seize this man!” - screamed Winfred, as he desperately tried to stop his shaking legs. The guards were quick to enter the main hall, and began firing crossbows relentlessly at the shadowy figure, but all of the arrows passed through the figure effortlessly, as if the figure was nothing but dark mists. An eerie laughter suddenly bursted, windows opened and a strange wind blew through the hall, extinguished the torches of the guards, and seemingly their energy too, as one by one they collapsed to the ground, like young trees before raging storms. “They are just sleeping.” - said the shadow, while slightly turning its head and glancing at Winfred. In others’ eyes, the shadow was but unchanging, but in Winfred’s, the shadow was a fiery phantom, a demon hailed from hell, with crimson blood eyes gazing into his very soul. “The dragons cometh soon. Trava Knights needeth these armors more than these worthless nobles. Let them join the auctions!” “Y… Y… Yes… Anything thou want.” “Very well. Then I shall be leaving. I expect thy cooperation.” The lights were turned on again, and after the rambles died down, people noticed the Crystal Armor of Sir Cedric was gone, disappeared from the podium. The Phantasm of the Auction House was thus born, as well as fancy tales and amusing ballads, fantasizing him as a noble thief, or merely an exceptional swindler. From afar, on the hill looking down to the Auction House, stood still a shrouded figure, holding a Crystal Armor in its arm. “Father… I shall don your armor, to protect my sister…no, to protect your beloved Trava Kingdom from the shadow…”. ## **The Epic of Trava Knights - Chapter IV** As the Draconic War continued, the Kingdom was being pushed back days after days. The Dragons marched on, and had claimed half of the Northern Realms. The situation is dire. To make matters worse, another terrible abomination appeared, as the dragons called it, the Dilution! Everywhere it went, lands were drained of aether, trees died, animals fled, and humans had nothing more than dirt to survive on. An emergency board had been held, where all of the Knights of the Trava Kingdom gathered and discussed the next actions. As the Dilution drew ever closer and grew ever larger with each inch advanced, Sir Kuana recommended taking immediate action and intercept the Dilution at once, meanwhile Dame Johanna argued that they would need a careful approach and would have to take care of other frontiers first. The hour went on, the Knights reached a consensus of what to do. They would split up, each would take care of a front, and those who were more experienced would take the Dilution head on, vowing to stop it at all cost. Thus the Draconic War transitioned into a new phase. War of the Web3. # Roadmap ![](https://lh5.googleusercontent.com/_f70Hty2QOp1akPGUDBBtTXPEWl17QqMWlHzvN6SYnWqw5GeoIA0kTzFJ0UXVzh7jWWwo71T-E91S8Y8V91LuwzhDYjvgLNEdLjIPxKYqjHI7Y4BhGfw-iL_zg8XstoQayTUurBt) ![](https://3720190910-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F51lUbiHgH65DKbS8WCAT%2Fuploads%2F6sU0GUs3vZN8kJjgDiEH%2Fimage.png?alt=media\&token=05c9be27-e24d-4714-ac75-a5cb8690bb5f) # Our NFTs ## **Rarity** There are five rarities for our NFTs: Copper, Silver, Gold, Diamond and Crystal. The rarer the NFT, the more expensive and the higher APR | **Rarity** | **Copper** | **Silver** | **Gold** | **Diamond** | **Crystal** | | ---------------- | ---------- | ---------- | -------- | ----------- | ----------- | | **Distribution** | **60%** | **25%** | **10%** | 4.5% | 0.5% | ## **Trava Armoury NFT** There are 4 NFTs (4 items), which can be assembled to complete a Knight: Helmet, Armor, Shield and Weapon. ### **The Helmet:**
RarityHelmet v1Helmet v2Description
CopperRarity: 60%
SilverRarity: 25%
GoldRarity: 10%
DiamondRarity: 4.5%
CrystalRarity: 0.5%
### **The Armor**
RarityArmor v1Armor v2Description
CopperRarity: 60%
SilverRarity: 25%
GoldRarity: 10%
DiamondRarity: 4.5%
CrystalRarity: 0.5%
### **The Shield**
RarityShield v1Shield v2Description
CopperRarity: 60%
SilverRarity: 25%
GoldRarity: 10%
DiamondRarity: 4.5%
CrystalRarity: 0.5%
### **The Weapon**
RarityWeapon v1Weapon v2Description
CopperRarity: 60%
SilverRarity: 25%
GoldRarity: 10%
DiamondRarity: 4.5%
CrystalRarity: 0.5%
## **Trava Knight NFT** Collecting 4 full items and assembling them, users will create a Trava Knight NFT. Each rarity is represented by a corresponding coefficient from 1 to 5 to calculate the rarity for Trava Knight NFT. The rarity of a Trava Knight NFT will be determined by the average rarity of 4 Trava Armoury NFTs. We will take the whole part of the result to determine the rarity for a Knight NFT. For example, four Trava Armoury NFTs collected as follows: * Copper Helmet = rarity 1 * Silver Armor = rarity 2 * Gold Shield = rarity 3 * Crystal Weapon = rarity 5 The formula to calculate the rarity for Trava Knight NFT will be: ![](https://lh5.googleusercontent.com/SvV1om8uLugs0gwZgYs49m28egMUJ-rLQkeIhZ8rnkdTqq2Ib3TBlKbLFzkA_vDUIPEN9q_CroUpkhXBFxGfLLIUeDXOcXOmZVa6_TrtTtxh5r2q4zLJ6jxvOHUQlCZlSBTLA2Xy) We round down the number to “2” to determine the rarity of your Knight NFT, which means your Knight NFT is in the rarity of **Silver.**
RarityKnight NFT v1Knight NFT v2Description
CopperRarity: 60%
SilverRarity: 25%
GoldRarity: 10%
DiamondRarity: 4.5%
CrystalRarity: 0.5%
# Trava Armoury Chest A Trava Armoury Chest contains one out of 4 Trava Knight NFT: Helmet; Armor, Shield and Weapon. There will be three options to buy Trava Armoury Chest, users can buy one chest, a set of five chests, or a set of ten chests. Each Chest will be sold at **5000 $TRAVA** in this early stage. The combo of 5 chests will be sold at a 5% discount, which means the price for 5 chests is **23,750 $TRAVA.** The combo of 10 will be discounted 10%, making the total price for 10 chests **45,000 $TRAVA.** *Note that* each wallet can only own a maximum of 50 Trava Armoury NFTs (50 items, including unopened Armoury Chests) at any given time. The number of Trava Knight NFTs that a wallet can hold is unlimited. Assembling a complete set of 4 Trava Armoury NFTs will result in a Trava Knight NFT. # How to open chests and assemble Trava Armoury NFTs ## **Open Chest** ![](https://lh4.googleusercontent.com/r3BbWWDjimtE9iRA4BRkQFLv3JPej6U5sp2Lu5gftNSFOlk_VXhdHlx_hPb4mHHNE4dzPV6102lC8o8vN_6v7RITwLpcXvxmQjo1zvOVYuhQMqjGuOwY5nNtm-IJ7JcH0kDMSyZZ) * Click on the tab “Chest”, choose “Open Chest” * Click ‘Open” ![](https://lh6.googleusercontent.com/ez3kuWAmH2T1Tk--K0OsZAlEy4OxS0qUj5-im-_o53rMD92oFnnIO6dyKVv-zcWGOaMxMJSqNeXD_b99UAwxuV-rX_POZmLRZ3-SQU2u_kQC-wL1_WzHVBmFKYSKyyFRT3m4jo_n) * When the chest opens, you will receive one out of 4 items: Helmet, Armor, Shield or Weapon in one rarity among 5 rarities: Copper, Silver, Gold, Diamond, and Crystal ![](https://lh6.googleusercontent.com/v4fYrvw2_qs8EOirE0G41FQW29rpMA1t2RIFUUQ-KJhxkQWjk-p0e-3DoAC6cukGDUrWzLV7KjJOzZvgINwYqWpjiHuZPtRLX_QiQp6wYx5XAh6gndQJyI6rVcBJIFcmtTmMXa3x)![](https://3720190910-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F51lUbiHgH65DKbS8WCAT%2Fuploads%2FthT5esgEz73fTD2g7bmo%2Fimage.png?alt=media\&token=7bfd1e0f-dba1-4fb1-b450-9184376c51b1)![](https://lh3.googleusercontent.com/pSLai9xSCrIiEuN-gGSIptDELIU-j8ipGeQcZpRo4_L5csWPGKoxAYjh5d__tcvjODGANcDFTPP-291WKXWc8DDUBp0MXWndnvCoVcsYSIWbpvhuYdN1x9Xhxo7-EzT414iT_JHD) * After collecting full of 4 Trava Armoury NFTs, you can start to assemble the item to create a Trava Knight NFT ## **Assemble Trava Armoury NFTs** * Click on “Inventory” tab * At the “Equipment” section, you will see the Trava Armoury NFTs that belong to you. * Click on the items you want to assemble to a Trava Knight NFT. Be aware that, you must own four NFTs of Helmet, Armor, Shield and Weapon to assemble and create a Knight NFT. Also note that, the maximum spaces in “Equipment” section of one wallet is 50, which mean one wallet can own maximum of 50 Trava Armoury NFTs (or 50 items) including Armoury Chests ![](https://lh5.googleusercontent.com/zX-xzTFZGfqiSI3YP30pfd7VhowaBw4D2f3Ht6dNfD2CdW25AERnhg21jy4AvDSONof-I_tckIT7sJ32H5Wtr65qUxwS1cmEqJAiN3F-k6O4fW2XECAboBwenTsyNbAjcWNGqWW_) * Click on “Assemble”
* After completing the assembly, you will get a Knight NFT which is shown in the “Collection” section. * You can disassemble your Trava Knight NFT at any time Be *aware that*, the maximum spaces you have in your wallet are 50 spaces, corresponding to 50 Trava Armoury NFTs. The number of Trava Knight NFTs in “Collection” section is unlimited. ![](https://3720190910-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F51lUbiHgH65DKbS8WCAT%2Fuploads%2FkVcVMxUlRKDCOv97jSG0%2Fgold.png?alt=media\&token=6281ce5a-bfc2-4336-a400-9d5ec6fb412b) # Trava NFT Marketplace We implemented a NFT marketplace to give users a platform to exchange Knights, Items, etc. Preliminary process: * **Sellers:** list their Trava Armoury NFTs and Knight NFTs on our Marketplace. * **Buyers:** buy item(s) at a price listed by the seller. ![](https://lh3.googleusercontent.com/uNiORTXJ8Bq8dkGk0LRko7oK6l5vnB2LASPixeu0t-piXZwMmcHrLpr0Mnuc8yd1NZDMdvpulc8RVavJ1ws-C-XcKBpbRGUm17-aAF7kioonU5z_2tpeoJ5ziJhEe5U2wNl84EO2) ## **Buy Order** We implemented a new feature that allows users to order Knights, Items they need on our NFT Marketplace with simple steps: * Going to NFT Marketplace (Buy Order section) * Creating a purchase order with specific features: Rarity, Type, Exp point, Price,v.v) Notes that: * The prices must be set at a fixed price * EXP is at the lowest point that the buyers accept to buy ![](https://lh4.googleusercontent.com/O6BBHIUwVhH8InJWifuIEL1KVrNE-KHEUpBDl2ssYncATaPVeXTSqPEX--qIOGeXfFYIs_sDX8b6sTeIpgqhV1rNYHIB8qtrzK3FjX-fu8EWJ1WPgMkEDG8fvsxB-fa6NOE9XusB) ![](https://lh3.googleusercontent.com/xBbxGb2qkqY7WViijtGOAiUl_lp9zYzGyLRooEL8IbaCGaySIRpZ6UafaqSc_DFJnfyWl16Y2wH2B5-3AEvUzuR97f-sxX1DivgI99mBkn8V33svMx84RE4bFdHdU5iN1GZfWIIo) Put in the Price and EXP ![](https://lh4.googleusercontent.com/tHi9-9VpgYZ81CY33qRWQEvCORV4YRnhdIzImYbza8zqaYWpE4k-SApEic0yGryzVj8Rn_0357tRBO-tgZed3Da4hnyktOUydizS5z_pMBoQA78NW94NBcQIiDm8wVp5A_Fd-4w8) # Trava NFT Farming ## **Normal Farming** We officially stop distributing TRAVA rewards and the normal Farming mechanism only distributes EXP at 3 P.M UTC on May 15th 2022. | | | | | | | | ----------------- | ---------- | ---------- | -------- | ----------- | ----------- | | **Rarity** | **Copper** | **Silver** | **Gold** | **Diamond** | **Crystal** | | **Distribution** | 60% | 25% | 10% | 4.5% | 0.5% | | **Price (TRAVA)** | 9,000 | 22,000 | 64,000 | 150,000 | 820,000 | Please note that APR can be changed according to NFT Marketplace conditions. We will recalculate and update the price based on the price on the market, the initial price and the data analysis extracted from our NFT Marketplace. ![](https://3720190910-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F51lUbiHgH65DKbS8WCAT%2Fuploads%2FpNZldfQWpsEty9oczLUJ%2FScreen%20Shot%202021-12-29%20at%2011.11.59%20AM.png?alt=media\&token=5e81de51-b158-4241-bfe0-b0523e31800f) **Note that** with each wallet, the maximum number of Trava Knight NFT that can be deposited in **one vault** is **one** Knight NFT. For example, if you have two Trava Knight NFTs of Gold, for example, you can only stake one of them into Gold Vault to farm and earn $TRAVA rewards. ***With Copper, Silver and Gold Vault, if NFT owners withdraw their NFTs within 7 days, the farming rewards will decrease by 10%.*** Knights with a higher rarity can be deposited in vaults of a lower rarity. Continuing the example above, one of your Gold Knights can be deposited in Gold vault and the other can be deposited in either Copper vault or Silver vault and earn APR corresponding to those vaults. Furthermore, for Knight NFTs put in Farming vaults, we shall use the "Polish Mechanism”. After depositing Knight NFTs in those vaults, users must check their Knights on a regular basis through the Farming site, which is considered a polishing action. If users never check their Knights, the Glossiness of their Knights will deteriorate, and the Farming rewards will drop. So, to maintain the rewards from Knight NFTs, NFT owners must perform "polishing" action, which means check their NFTs in the vaults regularly. ### **Formula to calculate Farming rewards** ***How to calculate the rewards for Copper, Silver and Gold Vaults?*** Each vault has a value called *emissionPerSecond*. This is a fixed amount that all depositors will be rewarded when they deposit NFT per second. Therefore, the fewer number of people staking NFT, the more rewards each staker will get. ***How to calculate the rewards for Diamond and Crystal Vaults?*** The Glossiness of each NFT starts off at 100%, but it gradually decreases over time, affecting the incentives received when users deposit their NFTs in the vault. Users must complete "Polishing" acts in order to receive 100% of the rewards. The amount of reward from NFT polishing shall be calculated using 2 parameters: *decayRate* and *decayInterval*. Concretely, after a *decayInterval* (a certain amount of time), if the NFT is not polished, the rewards for the next *decayInterval* will be reduced (*decayRate*, calculated in % will decrease) For example: *decayInterval* = 2 days and *decayRate* = 10% indicates that: every two days without polishing, the rewards of the next day will be reduced (due to the NFT glossiness). Hence, after 20 days, the amount of rewards for NFT will be 0. If you stake NFT for a period *t* = 9, the amount of incentives that you probably get is 450 Trava (On average per day you will get 450/9 = 50). However, you have forgotten to polish for 9 days. Then, the amount of rewards you receive is only 370 Trava. The amount of incentive you get is described as below: | | | | | | | | | | | | ----------------- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | | **Day** | **1** | **2** | **3** | **4** | **5** | **6** | **7** | **8** | **9** | | **Minus Rewards** | 0% | 0% | 10% | 10% | 20% | 20% | 30% | 30% | 40% | | | | | | | | | | | | | ---------------------------- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | | **Day** | **1** | **2** | **3** | **4** | **5** | **6** | **7** | **8** | **9** | | **Remaining Rewards(TRAVA)** | 50 | 50 | 45 | 45 | 40 | 40 | 35 | 35 | 30 | The detailed calculation us as follows: (X is the rewards NFT depositor will receive after t days) The average rewards each day NFT staker will receive: $$ m = \frac{X}{t} $$ Number of *decayInterval* that depositor have to go through: $$ n = \frac{t}{decayInterval} $$ The result of this calculation will be rounded down. * If n < $$1$$ , the rewards depositor will receive is: m $$\*$$ t = X * If $$1$$ $$\le$$ n $$\le$$ $$\frac{1}{decayInterval}$$ The percentage of minus rewards you get at the end of decayInterval period: $$ p = ( n - 1) \*decayRate $$ The total amount of incentives you will receive: $$m \*\[ (2 - p ) \* n \* \frac{decayInterval}{2} + (t - n \* dacayInterval) \* (1 - p - decayRate) ]$$ * If $$\frac{1}{decayRate}$$< n: The total amount of rewards you get: $$ m \* (\frac{1}{decayRate} + 1 )\* \frac{decayInterval} {2} $$ In the above example, we have *X = 450, t = 9* We can calculate: *m = 50, n = 4, p= 0.3* Put into the formula, we get: $$ 50 \* \[(2 - 0.3) \* 4 \* \frac{2}{2} + (9 - 4 \* 2) \* (1 -0.3 -0.1) ] = 370 $$ ## **Heuristic Farming (Farming based on EXP)** When the new Farming mechanism commences, ***our 5 current Farming vaults will stop distributing TRAVA as reward***, which means our 5 existing vaults will only give back EXP (one EXP for each second in 5 current farming vaults). This change supports NFT owners to gain EXP to enter Heuristic Farming with better rewards. In the new Farming mechanism, we provide 5 more vaults for Heuristic Farming, and you can deposit as many knights as you want into each Vault, provided that those knights have the same rarity as that Vault. Rewards from Heuristic Farming are **rTRAVA tokens and EXP** (one EXP for every 3 seconds in the vault). The higher EXP, the higher the APR, the higher the rTRAVA reward. | | | | | -------------------------------------- | --------------------------------------------------------- | ------------------------------------------------------ | | | **Normal Farming** | **Heuristic Farming** | | Number of vaults | 5 vaults corresponding to 5 rarities | 5 vaults corresponding to 5 rarities | | Number of Knights allowed in one vault | 1 Knight | $$\geq$$1 Knight | | Reward in tokens | None | rTRAVA | | EXP reward | One EXP is released for each second Knights in the vaults | One EXP is released for 3 second Knights in the vaults | With the new and improved mechanism, the EXP points are a crucial element in the development of the Trava Knight NFT journey. Like the current Farming mechanism, Heuristic Farming also has a Polishing mechanism. The polishing mechanism in Heuristic Farming helps NFT owners maintain 100% rewards and supports increasing EXP and APY. Note that, Knights with 0 EXP still gain rewards from Heuristic Farming. Moreover, with rTRAVA from Heuristic Farming, users can auto-stake in our rTRAVA with no locking period in our Staking Program. rTRAVA then can be locked in Trava Governance vault to gain locking power as veTRAVA and earn more rewards. ### **Calculation Formula of Emission Per Second** From now on, the eps will automatically change depending on the number of Knight NFTs and their EXP. For particular, the equation is demonstrated as below: ![](https://lh3.googleusercontent.com/9mFCv5fGekdHafPf2zPB4aFA3ZzqiUkw0bM2hQLbXBEsOf40Q2ektjTW8yLPoSqg3KtJRxo_n83ql1QuIEBy4IeCY8kdQPhBYe4ie4vpe4ZMjdAhUBzLPzpZSYLfdWyK6tZ0LWgP6uE4j3y5gA) With the following parameters: *eps: Emission Per Second* *x: The number of Knights in the vault* *X: The starting eps* *Y: The maximum eps that can be reached* *Z: The eps will converge, when the number of Knight NFTs increases in the vault* *m: The number of Knight NFTs in the vault that own eps reaches the maximum rate (Y)* *u:* *is calculated as* ![](https://lh4.googleusercontent.com/a0N_3hbQarrb0-xAnVwyr2iLsd39d3Jh1nAuQasmbJ_ZBEbED03GLc1c_0xW3dC7QRONCRsuuo0Q-DDATLAlEC0LHsBluyGqhhE4BGYKlHYuN39G2STS9gG7WFS1poL0kwNUuJ0w5k9B44QyTg) *a: is calculated as* $$ a = 2 \* \frac{Y - Z}{u + 1} \* (m-1) $$ *b: is calculated as* $$ b = \frac{u}{u + 1} \* (m-1) $$ *c: is calculated as* $$ c = (\frac{m-1}{u + 1})^{2} $$ For example, We have the following parameters: The starting eps is 100 Trava/s *X* = 100 The maximum eps is 400 Trava/s at the rate of 1000 NFTs *Y = 400* *m = 1000* The eps will converge at 250 Trava/s when the number of NFTs passes *Z* = 250 The chart is presented as below: ![](https://lh3.googleusercontent.com/tWAzWsgdJ-oRWwHyGMq6y_AZM4gkcFfOYATlewO_5CuOSGgY04YpCEd8o22FaEyaV6gv7SLKpFnitl3gJRqKOuIS-yZrTW18lZ6cW1n4WV1ev6tQAUlWJm5GaM1KJhWMsNUKh_998VktzGnU7Q) From the chart, we can see that when there are little NFTs in the vault then the eps is low, and continuously increases when the number of NFTs in the vault reaches a certain rate. After that, the eps start to decrease and converge to a certain rate. ### **Calculation Value of NFT** The value of NFT depends on its EXP: For specific, the formula is calculated as below: $$ value = \frac{exp}{86400} + 100 $$ *Note*: *exp:* EXP of the NFT *value:* The Value of the NFT For example: With NFT that has ***0 EXP***: Its Value will be ***100*** With NFT has ***864000 EXP***: Its Value will be ***110*** With NFT has ***8640000 EXP***: Its Value will be ***200*** Because, in every 3 seconds, the NFT can earn 1 EXP, the NFT needs 259200 seconds or almost 3 days to increase 1 Value. **NOTE:** In order not to waste BNB, users should Polish the NFT in at least 3 days. ### APR Calculation Formula for NFT APR of a Knight NFT depends on 4 elements: eps: Emission Per Second value: The EXP Value of Knight totalValue: The Total Value of the total number of Knights in Vault price: The price of Knight based on the weekly recalculation ***For specific, the formula is:*** $$ APR = \frac{eps \* value}{totalValue*price} *24*60*60*365*100% $$ ***For example,*** there are 4 Knight NFTs with the similar rarity in 1 vault with the EXP in turn of 0, 86400, 864000, 8640000. eps: 0.05 TRAVA per second The rarity of the Knight is Diamond, which is priced at 150000 TRAVA Therefore, APR will be calculated as below: | | | | | | | | ----- | ------------ | ------------ | ------------ | ------------ | -------------- | | | **Knight 1** | **Knight 2** | **Knight 3** | **Knight 4** | **totalValue** | | EXP | 0 | 86400 | 864000 | 8640000 | | | Value | 100 | 101 | 110 | 200 | = 511 | | APR | 205.71% | 205.77% | 226.29% | 411.43% | | # Trade-up Mechanism The Trade-Up Mechanism allows NFT owners to combine multiple identical Armoury NFTs of the same rarity and the same type into a single higher rarity Armoury NFT of the same type. For example, multiple Silver Helmets can be traded up to a Gold Helmet. The idea of Trade-Up Mechanism is that NFT owners will be given a great opportunity to take advantage of their unused NFTs and then level up them to the higher rarity. With higher rarity, NFT owners can assemble items into Knight NFTs of higher rarity and farm them for a higher APR, allowing them to gain bigger profits. Moreover, the high rarity of the NFT will bring its owner a huge advantage in Auction mechanism in the future. In the meantime, our Trade-up Mechanism will help us solve the problem of redundancy of idle NFTs as we issue more chests. 4 Armoury NFTs of the same rarity and type will be assembled into a single NFT of higher rarity and the same type. The success rate of trading up will be based on a base rate, and increase with EXP. * Success: A new NFT with higher rarity will be minted and transferred to the wallet of the user. In the meantime, four ingredient Armoury NFTs will be burnt. Furthermore, regardless of how much EXP the four burned NFTs had gained, the EXP of the new NFT will be 0. * Failure: Users will only receive back three out of four ingredient NFTs, with the lowest EXP NFT being burned. In our Trade-up Mechanism, each rarity has a failure rate called *baseFailureRate* and a failure time threshold called *timeBase*. Moreover, the failure rate will be determined by the total EXP of all Armoury NFTs which are selected to do trade-up, this EXP is referred to as *collectiveEXP*. The EXP of selected Armoury NFTs is inversely proportional to the failure rate, which means that the higher the total EXP of selected NFTs, the lower the failure rate. If all 4 NFT pieces don't have any experience point, the failure rate is equal to the base failure rate. | | | | | | | ---------------- | ------------------- | ----------------- | ------------------ | --------------------- | | **Trade-up** | **Copper → Silver** | **Silver → Gold** | **Gold → Diamond** | **Diamond → Crystal** | | **Failure Rate** | 50% | 60% | 70% | 80% | | **Time Base** | 8 days | 20 days | 64 days | 200 days | $$ collectiveEXP = exp(nft1) + exp(nft2) + exp(nft3) + exp(nft4) $$ The formula for failure rate will be calculated as belows: ![](https://lh4.googleusercontent.com/QUDvqth-MV9kvugfdEn72t80_GR2IJLX3jwkfnA-d75rLNonSFTUX3KQcTVRWgfk_SZspbG1-933WrYb15oj-WpRnoz7Iv4b44KiLHXMU4x6EvfxVh8oo_TPfwFKXd3Teza0S-pV) Where, * *RFP: Relative Fail Percent* * *b: Base Failure Rate* * *x: Collective Experience of Ingredients* * *t: Time Base of Rarity* *If x = 0 then RFP = b* *If x < t then RFP = b \* k, k > 50%* *If x = t then RFP = b \* 0.5* *If x > t then RFP = b \* k, k < 50%* For example: All 4 NFTs are Diamond Weapons and have different EXP, respectively: * NFT 1: 1000000 EXP * NFT 2: 2000000 EXP * NFT 3: 3500000 EXP * NFT 4: 2500000 EXP \=> x = 1000000 + 2000000 + 1500000 + 500000 = 9000000 EXP t = 200\*24\*60\*60 = 17280000 ![](https://lh6.googleusercontent.com/arN08L9qbiztXp5NaaeIyeYKQUk1DDtRt3sABkFLZDFJci3c5DdRcNqzJUldeWTXf6oLSKvfVgvd_jo_IRlhZsBIEM_IFEDpvTTs8i4xZGa6jlz0grATbQFqB1XWOT0fJYu_gmFu) Therefore, the failure rate of Trade-Up will decrease to 52.74%, meaning you will have a 47.26% chance of successfully trading up if your collective experience of your ingredient NFTs are like above. Note that, due to the nature of the blockchain development language, the displayed result may vary very slightly around the exact computed value. If you are in the failure rate, your NFT 1 with 1000000 EXP (the lowest EXP) will be burned and you will only receive the rest of your ingredient NFTs (NFT2, NFT3 and NFT4). # Trade-up to upgrade NFTs V1 to V2 Mechanism We are happy to announce that the Trade-Up V2 will be launched sooner than you expected to give Trava Knights the opportunity to make use of their NFTs V1 and participate in Dilution Staking.

Trade-up mechanism: Prepare for the War of the Web3

This is the preparation for the next phase of Trava Finance, as only the Knights V2 can participate in Dilution Staking (except Limited Knights). So, for members who still have NFTs V1 and don’t know what to do with them, this V Trade-up Mechanism will help you to stay in the “battle.” ## Introduction The Trade-Up Mechanism allows NFT owners to combine multiple identical Armoury NFTs V1 of the same rarity into an Armoury NFT V2. For example, multiple Silver Helmets V1 can be traded up to a Silver Helmet V2. The Trade-Up Mechanism aims to provide Trava Armoury NFT owners with a valuable opportunity to utilize their unused NFTs V1 for greater profits. By combining Armoury V2 items, users can create Knight NFTs V2 and join in the upcoming Dilution Staking feature. ## How does the Trade-up work? Each rarity will have a different Trade-up formula. The rarer the Armory items, the higher the Trade-up rate.

Trade-up for NFTs V2

3 (three) Copper V1 Armoury items can be exchanged for 1 Copper V2 Armoury item.\ 3 (three) Silver V1 Armoury items = 1 Silver V2 Armoury item.\ 2 (two) Gold V1 Armoury items = 1 Gold V2 Armoury item.\ 2 (two) Diamond V1 Armoury items = 1 Diamond V2 Armoury item.\ 1 (one) Crystal V1 Armoury items = 1 Crystal V2 Armoury item. ## Summary Unlike the previously launched Trade-up Mechanism to upgrade the rarity of Armory items, this Trade-up Mechanism will change your NFTs V1 to V2. Besides, you won’t have to worry about failure rate like when upgrading NFT items while performing this act. Remember that Trade-up Mechanism is only for Armory items, not Knight NFTs. So you should dismantle them to get items and then you can do the trade-up to V2. # Transmutation Transmutation allows Knights owners to easily transmute 2 Trava Armoury NFTs, which are the same rarity and type, to get another type of item in the same rarity. Notes: * After the Transmutation, the EXP of the new item will be calculated as the average of the two Trava armoury items transmuted. * A certain amount of time is required to do transmutation. * Those transmuting their items need to pay a small fee in $TRAVA, which depends on the rarity of each item. * Unlike the trade-up mechanism, in Transmutation, there is no failure rate which means users can always transmute their items successfully. Check the detailed information about transmutation time and fee in the following table: | | | | | | | | ---------------- | ---------- | ---------- | -------- | ----------- | ----------- | | **Rarity** | **Copper** | **Silver** | **Gold** | **Diamond** | **Crystal** | | **Forgery time** | 2 hours | 4 hours | 8 hours | 16 hours | 32 hours | | **Fee** | 200 | 500 | 1250 | 3500 | 25000 | Where, * Forgery time: The period it takes to transmute the armoury item. * Fee: An transmutation fee of Trava Knights need to pay For example, you transmute one diamond Shield with 100,000 EXP and one diamond Shield with 50,000 EXP to get a diamond Weapon. In this case, the Trava Knights need to pay 5000 $TRAVA and wait for 16 hours to obtain the new item. The EXP for the newly transmuted is calculated as follows: $$ EXP = \frac{100000+50000} {2} = 75000 (points) $$ **Step-by-step guide** *Step 1:* Go to: ![](https://lh4.googleusercontent.com/V5x6b1V6fswwLhsGwN-D8iSU_0ffCcR86gq2ZSzcfALgJ1jW70od2c9UwlmookQuZfP5FGooPaUuSxV4FWneGJhp_TnfFcdFY-T29XBRYFjEU-qlp-J1gS6tew0abfJlCFduJX-D) *Step 2:* * Choose 2 armoury items of the same type and rarity. * The transmutation fee and EXP will be shown ![](https://lh3.googleusercontent.com/3mbrpgLA9cn2eMcKcJXkgCmEuV8J3-bhhb1zggmYn2RvAHfAEx2lepc5xCPg4JktK68LchW6QLHgZDx-yYp-Pt6o82hmvRsxl7U7Ak68IIrL4EP4nK_J5r7vGGkZQapEILK4pXOK) *Step 3:* * Click “Transmute” * Choose the armoury item you would like to transmute to * Click “Confirm” to approve the transaction ![](https://lh4.googleusercontent.com/2SynPU7H-xR4rcvuGzOKfE7XyZwfd60ewuAGM6ypJDu2IJueMieO1PLknbb86FvScdGR-xH-P4zZ6rke7OeZcsovZFk9QmtA612JEFGOJcseaKelDzO5B-oMts0u4xbwAy0aNa0u) *Step 4:* * Wait for a certain amount of time to complete transmutation * Click “Claim” to add the newly transmuted item to your wallet ![](https://lh5.googleusercontent.com/En5FwzpFy8tD1Zo056eTR6oheazsjbHOpes_90gap0r8B0beqRu1qi55QgiYp23e5pddIusndd3bZlY_Px_HeiyD5JbIq4SkGJ7k_AJiQN9GjxDIG3m2S6Hl6nay_BzbyyIF5t0x) # EXP points At the moment, EXP (Experience Point) is the point that shows how long an Armoury NFT is staked in our vaults. EXP is the parameter indicating the loyalty of NFT owners in our Farming Program. In the near future, EXP will be calculated in various ways apart from the length that NFT is farmed in our vault. Currently, EXP of each Armoury NFT will increase when their owner assembles them to a Knight NFT and deposits Knight NFT in one of five vaults to farm. For every second of the Knight NFT in the vaults, EXP is added by 1. Therefore, after 1 hour EXP will increase by 3600 points. And the EXP will remain the same if it is withdrawn out of the vault We’ve already calculated EXPs for your NFTs at the time of opening the Farming Program. EXP in a collection (Trava Knight NFT) will be averaged based on the EXP of 4 Armoury NFTs (items). You can see your EXP either in the Inventory tab, Collection section or on Trava NFT Marketplace. ![](https://lh4.googleusercontent.com/MHaTlhW9eCiolaj3gYvgetTel09qjjnG0BZh7kFAYJNcF3iBZvShaxLZ3mWLd9rKqxBrURALeGGl1C69d9b-hOUDCYtMXhYps8u-Plr7MJY-7W9xKZvFxpZMHjt-EXOUiY60TuAr) ![](https://lh6.googleusercontent.com/2elrWtplpxggXFRXQsu24htjsfQOGDR-H4U40tF_umf5bdZGZQ1Tgy0u6aakGMh9aSSQhp9ospwEoU0u5BINVgesKm8IQgWqJGqMQ0J0eSsLrj0xfX8LQ2D669H_lewhr3SPRXll) ![](https://lh4.googleusercontent.com/3k1SvBntfP3J15dWY484f3yNzv_X86ITpQTC2noEDeX1to7_i7m-LsoWM-IEzAPGE3k_KsIgknklbz13Exp7O12XYIxVjMFWS7E59xhpglKIqXEmZeNG53XrbkOtqCF5jNTGxjhG) Normally, when you open chests to gain Armoury NFTs and assemble them into a Knight NFT. You farm your Knight NFT in our vault, all those Armoury NFTs are given the same EXPs. However, when you withdraw your Knight NFT, disassemble and reassemble with different items to get another Knight NFT, your Armoury NFTs will have different EXPs. For example: You open 4 chests and get: Helmet, Shield, Armour and Weapon. You assemble them into a Knight NFT and farm in our vault. After 24h, the EXPs for Armoury NFTs are as follow: * Weapon EXP: 86400 * Shield EXP: 86400 * Armor EXP: 86400 * Helmet EXP: 86400 So EXP of Knight NFT (collection) is as follow: $$ (86400 + 86400 + 86400 + 86400) / 4 = 86400 $$ After 24h, you withdraw your Knight NFT to reassemble with Armoury NFTs you buy on Trava NFT Marketplace. Suppose, those Armoury NFTs you bought have been already farmed in vault before and have the EXPs as follow: * Weapon EXP: 86400 * Shield EXP: 100000 * Armor EXP: 320000 * Helmet EXP: 210000 Thus, the EXP of Knight NFT (collection) is as follow: $$ (86400 + 100000 + 320000 + 210000) / 4 = 179100 $$ There will be a lot of benefits for NFT owners to have high EXPs. The more EXP you have, the more value the NFT will be. This can help you to distinguish NFT value from other NFTs of the same type and rarity. Moreover, the EXP will be applied in our Trade-up Mechanism which will be launched soon. In the future, EXP will be used with Credit Score and applied to NFT-collateralization. It can be said that EXP is an important factor in Trava Knight NFT to reach our goal of collateralization. # Expedition ## **Stories of Mysterious Lands** ***Ruins of Alzatecia*** ![](https://lh4.googleusercontent.com/VQA6ExMLwwyXIxcTMW7V7Khg8ZvAtzB2tpIIzxR69vNZbZ-DwywiCNNn8y9W0Tpo4kodLVopdL7fXiG8M1823PdOJqKEkSBBZ8YfQ-Q9Z8Zq_OnyKzp5JFCmR1ySR8dgkbIWKUrt) The Ruins of Alzatecia is located far to the west of the Trava Kingdom, in the middle of the Nymeria desert. Once a prosperous city, all that is left now are some stone columns and stone statues, portraying long forgotten kings - or gods. It is still unknown why Alzatecia was destroyed, but historians have agreed that the city’s position between the rocky pillars made it invulnerable to invasions. Upon further inspection of skeletons, traces of a deadly bacteria were found, and historians concluded that the city was most probably wiped by a plague. Nevertheless, adventurers still venture to these ruins, trying to find lost artifacts to collect or to sell on the black market. But, the land is desolated and infested with desert monsters - huge sandworms, giant vultures and deadly spiders - and the duty of keeping the place safe for travel falls on the noble Trava Knights. ***Peaks of Orange Mountain*** ![](https://lh6.googleusercontent.com/N5ZDh48MFw1CJpmXZGKaobifmyL9tjvrYN3RZsh45NLYlA9KaYKhVDByDkziSdZwBn2BLEykaBLBUqShqlNwTut0y4a4QcQbTXwPqhK109BaLN8BBXxAAp9zI2V3LlEAouADsW4P) Situated on the Northern border of the Kingdom, Orange Mountain range got its name from the spectacular sight on the Summer Solstice day, when at exactly 5 o’clock in the afternoon, the sun glimmers through the Peak of Shattered Hope, and the whole mountain range is dyed in a mesmerizing orange. Aside from that specific moment, the mountain range is perpetually white, covered in thick, deep snow, with blizzards constantly brewing and subsiding. The sub-zero temperature renders this place mostly inaccessible for inhabiting, humans and beasts alike, but brave souls still seek thrills atop the mountain peaks, and when things go awry, it’s turn for the Trava Knight to the rescue. ***Mystic Forest of Mythra*** ![](https://3720190910-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F51lUbiHgH65DKbS8WCAT%2Fuploads%2FdPGwLr35Jo0QNzzD95pb%2Flevel3.png?alt=media\&token=a5b0839a-1d30-4281-a09e-4d95d3b81f61) Mythra, the Mystic Forest, is located only a few hundred miles away from the Holy Citadel of Middengeard, and it is home of various mythical beasts that are only thought to exist in books. At night, Mythra emits an eerie and mysterious gold shine, said to be the lingering flame of unfortunate souls captured by the forest. True to its name, venturing into Mythra is never an easy task, when not only you can be assaulted by rogue monsters at any moment, but the layout of the forest also changes constantly, rendering most maps useless. Only the most veteran of Knights are capable of navigating the forest with the assist of a special compass, and only they are capable of subduing monstrous mythical beasts - either to rescue wandering folks, or to collect ingredients for the Kingdom. ***The Southern Empty*** ![](https://lh6.googleusercontent.com/Uuz2ENZBGiWtbKaXI-lSEDnhblZ5Pl2DU5OvQHDdzScc_UHOjfBkEJ0UFuCFgkGMaYyiP3GBwGjAR6gj7FiAjN-dsmRPgJsD3TwQKRtUJJwNdmlDItnK4KDY7T0km-EHj1TWFtNK) Located on the southern basin of Trava Kingdom is a vast uninhabitable landmass, usually referred to as the Southern Empty. The landmass is composed of several natural - or alien - stone pillars, with mysterious carvings of undiscovered origins. Even more strange, the pillars have veins latched onto them, and one can clearly see purple substances flowing inside these veins into the pillars, then disperses into the air in the form of a thick purple mist. The composition of the purple mist has not yet been known, since any attempt to contain these mist ended in failure. But it is believed that the mist directly affects one’s mind, as upon entering the Southern Empty, most people feel an unexplainable dread and despair, and in extreme cases, some end their lives on the spot. Thus, only the most elite and most steel-hearted Knights are capable of exploring the Southern Empty, and their efforts have recovered important artifacts from long lost past. ***Duparrich Bay*** ![](https://lh5.googleusercontent.com/XaBw3YaGYoQ3gL-_eLYZQe9ie6LfJPpqPwBwJZCjHSOBrrQqL731Cb0riAdKcUiQ_kxMhqIoFLI3MjqxTDJK-SfxtXvE2F8lcJ8X_4PSEz8X2YAJhYlCdC78GJUBN938PmFjkKEi) Only ten years ago, Duparrich Bay was the “Jewel of the Ocean”, the most important harbor of the Trava Kingdom, where three-quarters of foreign exchange must pass through. Not only did it lie on the intercontinental trade route, it also had beautiful beaches which proved popular with local folks and foreign tourists alike. Then, on that fateful day, the Darkeye Pirates came. With manpower up to hundreds of thousands, led by the self-proclaimed Pirate King Darkbeard, they ransacked the harbor, then occupied Duparrich Bay and turned it into its lair, occasionally sending pirate ships to wreck havoc on the East Sea. Several attempts to thwart the evil have been made, but the Darkeye’s strength is monumental, not to mention The Pirate King himself, who commands powers far from that of a human. Thus, a trip into Duparrich Bay, whether for rescuing civilians or retrieving pirated goods, is not for the inexperienced Knights, and surely one must think twice before charging into the evil’s jaw. ***No Man’s Land, Nemoira*** ![](https://lh5.googleusercontent.com/ZEl02zR127Lp9tvGSN5VjfnXI0Gzv7gdaOgDxVobjJLlzL0klE3KHr_L7Cq-PEDqCaWNq_kJ2UhGWFGGy-mOSZaOyFKZltfuz3nons2LxVvdZdD2klOBZlb_GsGSKpnuhagzX7KW) ??? ## **Duty of Knights** Each piece of enigmatic land corresponds to a certain level of difficulty. The difficulty levels for 6 lands has been shown as the table below: | | | | -------------------------- | --------------------- | | **Lands** | **Level** | | 🏜Ruins of Alzatecia | Rookie ⭐️ | | 🏔Peaks of Orange Mountain | Professional ⭐️⭐️ | | 🔥Mystic Forest of Mythra | Veteran ⭐️⭐️⭐️ | | 🔮The Southern Empty | Elite ⭐️⭐️⭐️⭐️ | | 🌊Duparrich Bay | Master ⭐️⭐️⭐️⭐️⭐️ | | 🌋No Man's Land, Nemoira | Ultimate ⭐️⭐️⭐️⭐️⭐️⭐️ | The Knights are sent on various missions, each will take a certain amount of time. To embark on a mission, each Knight will have to spend some expenditure, paid in $TRAVA, to cover the cost of adventuring. However, should he prevail, the reward paid by Trava Kingdom will be much more glamorous, depending on the arduousness of the mission.\ Finishing the mission, Knights will receive rewards and experience depending on the mission report. **The success rate of the mission depends on the difficulty of the mission, the rarity of the Knights and their accumulated experience.** Rarer knights with higher EXP are more likely to complete their mission excellently and earn their owners greater rewards. Knights’ owners are advised to plan carefully to send their Knight into suitable lands to maximize their rewards. Accomplishing a mission will yield you rewards and experience points, and overperforming a mission will yield yet greater rewards. But do not be discouraged from the atrocity of the lands, young Trava Knights! Even if you fail a mission, a portion of your adventure expense will be reimbursed by the Trava Kingdom, and the amount of experience earned will be much greater - for failures are the stepping stones to great achievements. At any time, Knights can abandon their quest, but note that by doing so, you shall forfeit any kind of rewards or reimbursement, and earn zero experience. The Expedition does not limit the number of Knights or the rarities of such Knights, thus you can send any number of any Knights into any land of your choice. ## **Step-by-Step Guide** Step 1:Click on “Deploy” in the land that you would like to send your Knights to. ![](https://lh6.googleusercontent.com/q8TSD1KK2EJmqp-Z0WZZFlfcveBWSlqIm1zQkgVIVo3narh66rAquj089T-sra4qfMzQ0af0yuFgBOnpKcIjPGMHaDgIWnqwGBWLzpQTVZrp6dftmp4O8H9jnS0EqzLwaubCXRSX) Step 2: Choose a Knight among your Knights to quest ![](https://lh3.googleusercontent.com/A_6nqkxOk7qImsopilouJ-7OgNIinhl5TV3D6hqq3ehX4KtgMpKBHNPNK0BsqqQN6u2pHXBCQp-CM0a9C0bMBOkMkKXpTPWqQuA0iZdQ2el3u3s4SqC5a2PZRee6-6LcSmcFzMFB) Step 3: Confirm and Submit Transaction to finishing sending your Knight ![](https://lh5.googleusercontent.com/M8I9pK5Rc2TEIUbY69elkfCQOORkU4eVPTsWH3_aCL9p-lZ6Pq3fEN7SOBktGefM5R9iW-vCBrxpeuGwyuwHQmHsYKKDbHswrq-BNVGylbAa3rTkiZh5fBof5xD_dhm48NU1mw1G) Step 4: Click on “View Status” to view the status of your Knights in the lands ![](https://lh4.googleusercontent.com/3smV2h-KztXVsKQEvOWQC_5ZDA4RBkwhKTcYskAA4NO4ePXS-tuamEeDcKH2P_MksqMi82WLNsHa69ZTYIuHHxHEdEP808M_CSrd5Pm0X0pnfOlecj9eps-Eyosc-XHXVIebf6Vb) Step 5: When your Knight completes its mission, you can claim your rewards ![](https://lh4.googleusercontent.com/fC7bEKKZh39gjuRHHa9l4PBtFJyZkz8y4JC4HnmAr8HWMGg4PuY7g9gYR7DdEBuUmJ-_4lutSHtmKcLoMKq2bZQVy9-4S-DxkLZW15SDjAhMIiuj_WhrM7CGq-41Qq3yM_MrbBEr) Rewards will be distributed when the mission is completed. ![](https://lh6.googleusercontent.com/6SytvYqWpUDGsuyNbtlolcR2Vy9Dd0nXtysN2tsMK8FoaJyUokj2yi_z2NTP2ENjj7DWpQyHjl-DbysdljZ2_ty7b7-ibV0MqitAJnDbP1z_tBWJt2TSJaikj1iXDmvTTs4jHG-j) If your Knight overperforms, you will receive more rewards. The overperformance is determined by the EXP and the rarity of the Knight. ![](https://lh6.googleusercontent.com/ouw6kIwNTcA2s-mtcwH38Y3Uj9LRzYk-dkCeNAiVlaJdIS_UAZ1FMPbkY80T5uA8LWv-Jf1qAnd199JH2J04x8K6smLres9802MfukF8HkGqOJLRzc_Mg5QeBnAk-ePYJBDHltuR) If the mission fails, a portion of the initial expenditure will be paid back to the owner of such Knight. ![](https://lh6.googleusercontent.com/jPkEe4kQ_dlwynqyxpa4YgIG2c24z-NgDytQD3UE7niOfy_n87OHteVXYgIVTI2S1KJ83X_sSOM15KKNX0WHwyLt_Ya_RUME4vFNIbrY8zlu775pfOLjTvJcMFNrq_5uq3P3iOXu) If you abandon your quest, you receive no rewards. ![](https://lh6.googleusercontent.com/uUgrhOob7qUxHv0fMK7IAfrS6kyUnIgENH46Nbd95aX-81HFdUY8M4QXPYnT5vwL27I3D1g2WtR0W3m3gEKsU4lR0MkCDqymBIvalyhNXMHFjbV11gG3WHEpomUPN63v_6L43qjM) ## **The calculation for success rate** ![](https://lh5.googleusercontent.com/LwjuVmQPhPqcLwzxa6qadgVehiAYvO8VGYFgsLpf6JmDwkcbA8xvo1dd_DkkjMesYZTWbhmsIp7M8c-_WKC5KJkw7HafuVsYv2zpNZDoJAlHo4ZL4eym7ooPYP2hO7jAzRZtOc7H) ***Time Base(Convert days to seconds for calculation)*** | | | | | | | | ------------ | ---------- | ---------- | -------- | ----------- | ----------- | | **Rarity** | **Copper** | **Silver** | **Gold** | **Diamond** | **Crystal** | | **TimeBase** | 20 days | 30 days | 40 days | 50 days | 60 days | ***Adventure expenses, Reward for Mission Completed, Reward for Mission Overperformed, Refund for Mission Failed and On-duty Time for each Difficulty Level*** | | | | | | | | -------------------- | ---------------------- | ------------------- | ------------------------ | ------------------- | --------------- | | **Difficulty Level** | **Entry Fee ($TRAVA)** | **Reward ($TRAVA)** | **Huge reward ($TRAVA)** | **Refund ($TRAVA)** | **Time (days)** | | **Rookie** | 200 | 350 ± 10% | 1575 | 50 ± 10% | 0.5 | | **Professional** | 450 | 950 ± 10% | 3895 | 150 ± 10% | 1 | | **Veteran** | 1000 | 2650 ± 10% | 10070 | 300 ± 10% | 1.5 | | **Elite** | 2500 | 7500 ± 5% | 27000 | 800 ± 5% | 2 | | **Master** | 20000 | 57500 ± 5% | 195500 | 6500 ± 5% | 3 | **EXP gained from Mission Completed** | | | | | | | | ----------- | -------------- | ---------------- | ---------------- | ---------------- | ---------------- | | | **Rookie** | **Professional** | **Veteran** | **Elite** | **Master** | | **Copper** | 45360 \~ 50400 | 97200 \~ 108000 | 155520 \~ 172800 | 220320 \~ 244800 | 349920 \~ 388800 | | **Silver** | 48600 \~ 54000 | 90720 \~ 100800 | 145800 \~ 162000 | 207360 \~ 230400 | 330480 \~ 367200 | | **Gold** | 51840 \~ 57600 | 97200 \~ 108000 | 136080 \~ 151200 | 194400 \~ 216000 | 311040 \~ 345600 | | **Diamond** | 55080 \~ 61200 | 106920 \~ 118800 | 145800 \~ 162000 | 181440 \~ 201600 | 291600 \~ 324000 | | **Crystal** | 58320 \~ 64800 | 110160 \~ 122400 | 155520 \~ 172800 | 194400 \~ 216000 | 272160 \~ 302400 | **EXP gained from Mission Failed** | | | | | | | | ----------- | --------------- | ---------------- | ---------------- | ---------------- | ---------------- | | | **Rookie** | **Professional** | **Veteran** | **Elite** | **Master** | | **Copper** | 50400 \~ 55440 | 108000 \~ 118800 | 172800 \~ 190080 | 244800 \~ 269280 | 388800 \~ 427680 | | **Silver** | 54000 \~ 59400 | 100800 \~ 110880 | 162000 \~ 178200 | 230400 \~ 253440 | 367200 \~ 403920 | | **Gold** | 57600 \~ ​63360 | 108000 \~ 118800 | 151200 \~ 166320 | 216000 \~ 237600 | 345600 \~ 380160 | | **Diamond** | 61200 \~ 67320 | 118800 \~ 130680 | 162000 \~ 178200 | 201600 \~ 221760 | 324000 \~ 356400 | | **Crystal** | 64800 \~71280 | 122400 \~ 134640 | 172800 \~ 190080 | 216000 \~ 237600 | 302400 \~ 332640 | # Trava NFT Auction ## **Rules** 1. **Auction is ONLY cancellable when it has NO BIDS.** After the first bid comes in, neither you nor we can cancel it, as rules are written in the smart contract. 2. When the bidding countdown is less than **5 minutes left**, every new bid will extend the countdown **by 5 minutes**; 3. Each bid price will be increased by **at least 5%** of the previous one. Once the countdown ends, the auction item will be obtained by the last/highest bidder; 4. The most important rule: **2.5%** of the price increase for each bid is distributed to the previous bidder, and the remaining **97.5%** would be the income of the auction publisher if it’s the last bid or returned to the bidder when it’s outbid. With the rules, each bidder would either take the 5% share of the next bid or obtain the auction Knight with the price he/she offered. And the first bidder will additionally be free from distributing his/her own 5% to other people. *Note: The percentage that the later bidder pays for the earlier bidder is the same as the percentage that the sellers need to pay for the platform. So, 2.5% is also the amount auction publishers pay to the marketplace, which means that after receiving 97.5% of the final bidding price as income, sellers need to pay 2.5% of the income to the NFT marketplace.* *Therefore, the final payment rate that the sellers receive is 95.06% of the final bid. This fee is utilized for marketing, operating, and functioning.* | | | | | | ------------------------------------------------ | -------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------- | -------------------------------- | | **Seller (Auction Publishers)** | **First Bidders** | **Other Bidders** | **Last Bidder** | | **Receive:** \~95.06% of the final bidding price |

Receive:

|

Receive:

| **Pay:** the final bidding price | *For example,* * First, Alice offered a 1000 TRAVA bid in a new auction. * Secondly, Billy offered 1100 TRAVA ⇒ Alice would receive her own 1000 TRAVA and 2.5% of 1100 TRAVA, which would be 1027.5 TRAVA in total, and the extra 27.5 TRAVA is totally free money. * Finally, Michael offered 1200 TRAVA. ⇒ Then, Billy would get 97.5% of his 1100 TRAVA and 2.5% of 1200 TRAVA, that is 1102.5 TRAVA, still getting 30 TRAVA for free. ⇒ The auction publisher will receive \~ 95.06% of the final bidding price (1200 TRAVA). Therefore, the seller will receive \~ 1140.72 TRAVA and pay 29.25 TRAVA to the platform. ## **Steps to start an auction on Trava marketplace** *Step 1:* * Go to: * Choose the Knight you want to sell in your [NFT profile](https://nft-app.trava.finance/profile/me/owned); ![](https://lh4.googleusercontent.com/Q5AlLz4rr14HW7ohw5dIYYqycPthzXPLtYlN2fpVIR3cI2GsBeGtWIcIYEWTUFGs18ZcAWad3k-1C8E0HEae0DCK-ggnDO8IZfBRbSKiXNInOOfg87wi0lOpkQJe8_wwuGnh_68Y) *Step 2:* Set a start price and end time **Note that the time range for an auction is from 1 - 7 days.** ![](https://lh5.googleusercontent.com/ceChWjaXkic1pqTcPVpiyNvTbkeeDxw0CqsoUO54frt9OwR9-RhO8HzwZ_T5aTstk7AFiBcM_DewjV3NW0gC960ZV4-A4XMsZx8Z8FZ1yY-UuJjwaz_k9EgwYXkulKpjGHm49Xbk) *Step 3:* * Confirm in your wallet, then the auction will start immediately. * Once the auction is ended with bids, the seller or winning bidder needs to visit the [Trava Knight auction tab](https://nft-app.trava.finance/marketplace/auction) and click the “**Claim**” button to finish the exchange transaction ![](https://lh4.googleusercontent.com/Q5sJyb1jpthsUaCjFeC36gmhzneFUKae8rlD6rwmQbhjYlq8iyqVPsDdQfAs64XjvO0b9sIrn9EtlZAcp0edUvQ9JmSTD2UqO0VvMU0WScwmHcfDqpdrcyY8UCs-MSeCGpisrpju) # MiniGame Series ## Battle Hand ### **ABOUT BATTLE HAND** **The Battle Hand** Mini-Game is a battle of wits inspired by a traditional game called Rock, Paper, Scissors. During the battle, Knight will have a chance to choose an appropriate action to compete with the competitor. The actions have the picture of each element in the Rock, Paper, Scissors game, and the rules are similar to the traditional game: Rock beats Scissors, Scissors beats Paper, and Paper beats Rock. When participants join in the Mini-Game, they will have thrilling excitement as well as a joyful winning moment. **Battle Hand** is a game for users who like adventurous, thrilling, exciting experiences. The winner also receives large rewards after competing with other users by winning their competitors in the battle. ### **RULES AND GAMEPLAY** **The Room Host:** Create a room, pick the 7 actions, and determine the bet amount. **The host** can cancel the room or lower the bet if there are no participants. **The host** has to choose the actions (Rock, Paper, Scissors) and the password before submitting the transaction on the blockchain to open a new room. ***NOTE:*** The **minimum bet** is **0.01 BNB** and there are **no limits** to the **maximum bet.** ![The room list of Battle Hand Mini-Game.](https://lh4.googleusercontent.com/jSk5eIQwEbnj7-DI6jQ-zeUnPlu1KdAKXu56NYbDyl_d1G_t-Fz8TXkgC4HaAQz7YLhAni3mQmadk7bnlcpkKEvRTK5B-zKbVGcCyPChhswQIFcobSJU7oghA9zIq2Pka8bjf27PdnHWNizoemNW1uk) **The Joiner** selects the preferred room in the room list and chooses the 7 actions (Rock, Paper, Scissors), then submits the transaction on the blockchain to enter the battle and wait for the confirmation of the Room Host. ![The interface of Joiners.](https://lh5.googleusercontent.com/W7uD1Y7EnICOebvJA273goJ-RqWEzy40Cqdq8FVxkh9T76lPU2-r6TyOVNmaSu0riaQ6eOryYoGvwruzaRWrLnkDM62x4BNiVjSjLmExlzjMizZVjA6zU1YUfbh7A1k7E0AQNxsZuUwaP0TwB0OIEIc) After both transactions (Room Creation and Room Joining) have been submitted. The Room Host will have a Safe Time window to resolve the match. If Room Host does not resolve in the Safe Time window ***within 24 hours***, Room Player will be able to claim victory without the Host’s resolution. *Joiners CAN EXIT THE ROOM even after submitting transactions.* The outcome from each round will be determined by the classical Rock, Paper, Scissors rule: rock beats scissors, scissors beat paper, and paper beats rock. The winner gets 3 points, the loser gets 0, and each player gets 1 point if a draw occurs. ![The battle of two competitors against each other.](https://lh3.googleusercontent.com/uePk49Io4DN_WcLG-W3D0jg3-29lTJj1JuXis2EMA9UBb1sqxt3-6jXlUGUgqPwHDx3jtaMar9GZmZkfaykol7ef7L_GlJbJDCd6jGw3BVDJdaIYm4CKwBwb8D3N_azZxa1o273-f3lstqNOMEFiHko) After 7 rounds have been resolved, the player with the highest point will win. If it is tied, the winner will be determined by a single coin flip: head means the host wins and vice versa, and tail means the player wins. ![Coin flip to determine the winner during a tied Battle.](https://3720190910-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F51lUbiHgH65DKbS8WCAT%2Fuploads%2FuLg57EtwqrTmbdgr2Cta%2Ftelegram-cloud-photo-size-5-6321217108750479405-y.jpg?alt=media\&token=d3b2312e-9bde-4723-8782-823a6136ff82) Winners will **claim rewards** in **Battle Hand History** by clicking on the button **“Claim”**. ![Battle Hand History](https://lh4.googleusercontent.com/7937tLtX_2VPZHLPhvQsEiRbXi43oHfN1p6pOVi1cDoeROcTanJek4x3mvHVDXrG_uqLKhVCGmDBBYUSkWjQ4RX2d_3CwcN0OR7SbE7J4I5rt8oaSCK2LFMSwrF8q18z4dWI7NC8vDluWS4NwWix390) For example, R: Rock P: Paper S: Scissors * Host submits R-R-P-P-S-S-S * Player submits S-S-R-R-R-S-P After resolving round 1 through pair 7, the Host gets 16 points (winning rounds 1, 2, 3, 4, 7, drawing round 6). The Player gets 4 points (winning round 5, drawing round 6). Thus, the Host will be crowned the winner of this match. **NOTE: Players DO NOT need a Knight to play, users who own Knight will receive special offers on Room Fees, and this feature will be located on the Trava Knight NFT app!** **How to create a room?** **To create a new room,** the **Host** needs to follow **3 steps:** ***Step 1:*** Simultaneously choose and select 7 actions (Rock, Paper, Scissors). ***Step 2:*** Enter the password to encrypt all of the 7 chosen actions before submitting them to the blockchain, and secure the users’ information. ***Step 3:*** Select the bet money, which must be higher than 0.05BNB. ![The interface of hosting a room.](https://lh5.googleusercontent.com/As_zsOWpHi86b8T2icu4MjYnXIyhGnTbUES4lADY1hCYIas3HnYeWmXELyYATCPynHHQPE3-CKNeszVDiV_ZRtWHmAYZ_VAR4PYYP_yChFl_wjEUb0-Re7pW08kWclhKPJ5MU4YMj8eXj0bKkr5MPmc) ***NOTE: The Creator will only be charged for the transaction fees, and a small amount of the profits from the winners will be taken to support and develop the game further:*** * No Knight: 7.5% of the winning profit * Normal Knight: 2.5% of the winning profit * Limited Knight: 0% of the winning profit *For example,* A created a room with the bet amount of 0.5 BNB. And B entered and accepted the bet amount. After that, the Battle began and A won the Battle and B lost the game. This meant that A was the one who could receive the rewards and had to pay the platform fees. The system will automatically calculate the fee amount based on the Knight ownership of the winner. The rewards that A received are: * If A does not own Knight: 0.5 + 0.5 - 7.5%\*0.5 = 0.9625 BNB * If A has Normal Knights: 0.5 + 0.5 - 2.5%\*0.5 = 0.9875 BNB * If A has Limited Knight: 0.5 + 0.5 - 0%\*0.5 = 1 BNB # Trava NFT Ticket ## **Introduction to Trava Ticket** **What is Trava Ticket?** A ticket in Trava Finance is an exchangeable asset that allows users to own additional perks or access to products in the Trava Ecosystem. There are three types of tickets: Counter Ticket, Presale Ticket, and Incentive Ticket. Each has different usages, as described more thoroughly in the next part. **What is it used for?** As defined above, the Trava tickets carry out two primary uses: to exchange and access the Trava Ecosystem. Specifically, users can buy or sell these tickets on Trava Counter or Ticket Marketplace (the details in the next part) to earn profits from trading activities. In addition, as its name — “Ticket” — this asset will be needed to participate in various programs in the Trava Ecosystem, including Trava NFT (farming, buying chest, etc.), Trava Lending (governance, bridge, NFT collateralization) or TraDAO, which might be rebranded to Trava Capital (based on community decision). **Trava Counter, Ticket Marketplace, and three types of Ticket** #### *Trava Counter and Ticket Marketplace* Trava Counter and Ticket Marketplace are two platforms for users to exchange tickets. While the former is for trading with the protocol, the latter is for selling or buying peer-to-peer. Another fundamental difference between these two is the price determination method.\ \- **On Trava Counter:** The counter price increases/decreases depending on the ticket demand but will always be maintained at a minimum of $1. Besides buying tickets, users can also sell these assets to the protocol at 80% of the current counter price.\ ***In fact, users can benefit from buying tickets and selling them at a higher price. For example, assuming that users buy tickets at 1$, two weeks later, if the current counter price increases to $2 because of the increasing demand, they can earn profits by selling these tickets at 1,6$ (80% of $2) to the protocol.***\ ***-***** On the marketplace:** The price will be determined by the sellers and buyers themselves. #### ***Three types of Ticket*** As mentioned above, there are different types of tickets:\ \- **Counter Ticket:** Tickets bought from Trava Counter\ \- **Presale Ticket:** Tickets bought from the presale program\ \- **Incentive Ticket:** Tickets earned as rewards while participating in various Trava programs.
#### *The fundamental exchange mechanism* Each type of ticket has its exchange mechanism, which can be simplified in the table below:
**Crucial note:** *As mentioned, the Ticketomics combine both max circulating supply and mint/burn mechanism, which means we ensure the max circulating supply will be fixed at a certain number.*\ With this innovative idea, we long to enrich the whole ecosystem. Given that Trava Finance has developed various features and products, utilities of Trava Ticket will be applied right after its launch. In the long term, more and more features will be released gradually to enhance users’ experience. ### **Trava Ticket Utilities** Ticket will be implemented in the main products of Trava Finance, including Trava Knight NFT, Trava Lending, Trava Capital, and also the MiniGame Series. Moreover, the Ticket can be sold to Trava Protocol or other owners as an exchangeable asset to gain more profit.
#### **Trava Knight NFT** In Trava Knight NFT, Trava Ticket can be used in Missions, including Treasure Map and Expedition, as well as an asset to exchange for Chest and receive Armoury to assemble Knights. In the upcoming feature of Trava Knight NFT, the Treasure Map, Ticket will be utilized as an entrance ticket. Players must have a Ticket to enter the missions in Treasure Map. By joining Treasure Map, users can have the opportunity of earning more Tickets and other rewards. Moreover, Ticket will boost the success rate in the Expedition feature. When a user has a Ticket, their success rate after finishing a mission in Expedition is much higher. To enter Expedition, users have to pay a small entrance fee, but the rewards are very worthy, especially now with the enhancement of owning a Ticket. Lastly, the essential utility of Ticket is the capability of exchanging Ticket for Chest and receiving Armoury to build a full Trava Knight. With this utility, users will have chances to enter the Trava Kingdom without paying a large amount of money to buy Knights directly from the Marketplace. Furthermore, with the assembled Knights, users can join in Mission features in Trava Knight NFT, including Farming to gain rewards and EXP, joining Expedition and earn rewards, Incentive Tickets, EXP, etc. In the future, Tickets will be implemented in the PvP Tournament in Trava Knight NFT. More details are coming soon! #### **Trava Lending** With the ownership of Trava Ticket, users will be able to change the time/balance lock in Trava Governance even after you have locked your investment in. Another utility of Ticket in Trava Lending is that users can make use of the Ticket to withdraw rewards in Governance earlier. Moreover, users can use Ticket to exchange for multiple transactions in Bridge, which helps the transaction process faster and more conveniently. For more details, Ticket owners will have the right to increase the number of transactions in 1 day, the maximum amount of tokens in a transaction/day, and create multiple bridge transactions at the same time… NFT-collateralized has always been the ultimate goal of Trava Finance. Ticket, an asset with a fixed price range, will become one of the primary collaterals in the Trava ecosystem that users can collateralize to borrow from the system. The Ticket also allows users to have access to Auction/Sell/Buy veTRAVA in the NFT Marketplace as an NFT. These two utilities confirm the crucial position of Ticket in the journey of Trava NFT-collateralized. #### **Trava Capital** Besides Trava Knight NFT, Trava Lending, Ticket also has its own role in TraDAO as a supportive asset. As a result, investors of TraDAO will enjoy the APR increase while owning a Ticket. #### **Play-to-earn in MiniGame Series** Tickets will act like rewards and entrances for Fortune Mining. The detailed mechanism will be released soon. Moreover, users can earn more Tickets (besides the winning bet) by joining the Battle Hand MiniGame. In the near future, more MiniGames will be launched with the integration of Ticket. #### **Trade-to-earn** Besides the above, users can also sell Counter Tickets at Trava Counter at 80% of the current Counter price. Moreover, all Ticket types, including Counter Tickets, Presale Tickets, and Incentive Tickets, can be sold in the Ticket Marketplace at a price determined by sellers (peer-to-peer). With the potential ability of Ticket, right after release, the Ticket utilities will be implemented throughout the Trava ecosystem. In the long term, more and more Ticket features will be released to meet the demand of Trava users constantly. ### **Business Model**
#### *An overall of the Trava Tickets* As you can see, there are 3 types of tickets:\ \- *Counter Ticket:* tickets released by the Trava Counter\ \- *Presale Ticket:* tickets released from the presale program\ \- *Incentive Ticket:* rewards users receive when joining Trava programs Depending on their types, tickets could be sold/bought on Trava Counter or Trava Marketplace. In addition, as mentioned, these tickets can also be used to participate in various programs of Trava Capital, Trava Lending, Trava Knight NFT, Minigame Series, etc. You can check out more information in the article [Introduction to Trava Ticket utilities](https://blog.trava.finance/introduction-to-trava-ticket-utilities-f18f433e3d02). #### ***The circular benefit*** As mentioned, trading and accessing the Trava ecosystem are the two critical utilities of Trava Ticket. By owning tickets and then applying in both of these two functions, you can optimize their benefits. *Let’s take a closer look at how you can get benefits with Trava Ticket:* #### ***Benefit of Trading***
#### ***Benefit of accessing various products and features in the Trava Ecosystem*** All tickets of all kinds can be used to access these features. ***Scenario 1. Applied in Trava Capital:*** \ The ticket can be used to ***boost APR** i*n Trava Capital which will then increase your profit. ***Scenario 2. Applied in Trava Lending:*** \ By owning tickets, you can get much more benefits in Trava Lending, relating to Trava Governance, Trava Bridge, Fortune Mining Pool, and Auction as well as collateral. More specific, using tickets, you can:\ \- Change time/balance lock in Trava Governance\ \- Be allowed to implement multiple transactions in Trava Bridge\ \- Borrow assets with Tickets as NFT-collateralized\ \- Withdraw rewards in Governance earlier\ \- Be able to put veTRAVA on the Auction/Sell/Buy program. ***Scenario 3. Applied in Trava Knight NFT:***\ Take a look at the diagram that shows how you can apply for Tickets in the Trava Knight NFT programs.
To be more specific, you can first buy tickets, then use them to exchange for chests. After opening your chests and getting armories, you can either exchange them on the NFT marketplace or continue collecting armories to assemble the Trava NFT Knight. Then, you have multiple options related to trading or to joining missions and minigames. The TRAVA and Incentive tickets you earn can be continuously used to get tickets, then repeatedly enjoy their utilities. And the circulation list goes on. *To sum up, by owning tickets and optimizing them in various functions in the Trava Ecosystem, you can constantly get benefits thanks to the circular benefit model.* # Treasure Map ## How to join To take part in the Treasure Map mission, residents of Trava Kingdom must own a Knight in any rarity. The unique feature of this mission is that even Limited Knight can join. Not only can Limited Knights join, but also they can have priority in the opportunity of getting more Tickets as rewards after finishing the Treasure Map mission. Moreover, as an entrance fee, Knights must have 1 Ticket of any kind to join the Treasure Map mission. But don't worry! The rewards that you receive are worth every cost. \*Note: Users also have to pay a very small amount as a transaction fee. In conclusion, there are two important things that users MUST HAVE to enter Treasure Map Mission:\ \+ **1 Knight** (Copper, Silver, Gold, Diamond, Crystal, and Limited Knight)\ \+ **1 Ticket** (Counter Ticket, Presale Ticket, and Incentive Ticket) **NOTE:** You can deploy **as many Knights as you want in the mission at the same time. ONE Knight requires ONE Ticket** to enter. A mission will last for **6 HOURS.** ## **Rewards** After finishing the Treasure Map mission, Knight will receive Tickets and EXP as a reward. This is a way for users to gain many Tickets simultaneously at a small price. The maximum number of rewarded Tickets can be up to 6 Tickets/deployed Knight. As mentioned above, any kind of Knight can join the mission, but the rewards are not the same for every Knight. Higher rarity will have a higher percentage of getting more rewards. ### **The Ticket Drop Rate** $$ Treasure Hunt: Mt. Garg Base Drop Rate (%) $$ | | | | | | | | | | ----------------- | ------------ | ------------ | ------------- | ------------- | ------------- | ------------- | ------------- | | **Knight Rarity** | **0 Ticket** | **1 Ticket** | **2 Tickets** | **3 Tickets** | **4 Tickets** | **5 Tickets** | **6 Tickets** | | Copper | 50 | 32.82 | 17.18 | 0.00 | 0.00 | 0.00 | 0.00 | | Silver | 50 | 29.55 | 16.36 | 4.09 | 0.00 | 0.00 | 0.00 | | Gold | 50 | 28.78 | 16.17 | 4.04 | 1.01 | 0.00 | 0.00 | | Diamond | 50 | 28.59 | 16.12 | 4.03 | 1.01 | 0.25 | 0.00 | | Crystal | 50 | 28.54 | 16.11 | 4.03 | 1.01 | 0.25 | 0.06 | | Limited Knight | 10 | 45.00 | 25.00 | 12.50 | 5.00 | 2.25 | 0.25 | As the board demonstrates, the failure percentage (getting 0 Ticket) of Limited Knight is drastically low compared to other Knight rarities. So, it is confirmative that owning a Limited Knight is a huge advantage in the Treasure Map Mission. The Calculation Of Ticket (t) Drop Rate is demonstrated below With the following parameters: $$ dropChance = \frac{1}{2}\ \space\space\space (t = 0) $$ $$ dropChance(t) = \frac{1}{2} - \textstyle\sum\_{t=2}^n dropChance(t) \space\space\space (t =1) $$ $$ dropChance = \frac {3}{2} \* \frac{4^r}{4^t} \* \frac{1}{4^{r + 1} - 1}*(1 + \frac{e^2}{e^2 + 10^6*e + 10^{14}}) \space \space\space (2\leq t \leq r+1,\space t \in Z) $$ $$ dropChance(t) = 0\space\space\space (r+1 < t \leq 6, \space t \in Z ) $$ *r: The rarity of the deployed Knight in Treasure Map* *e: The EXP of the deployed Knight in Treasure Map* ## **Treasure Map Guidelines** **Step 1:** Go to the Treasure Map website: **Step 2:** Connect to your wallet.
**Step 3:** Click on the Deploy button.
**Step 4:** Select your Knight to deploy and click Deploy to confirm the selection **NOTE:** You can deploy as many Knights as you want. **ONE KNIGHT needs ONE TICKET to Treasure Map.**
**Step 5:** Choose your Ticket as an entrance requirement, then click the Confirm button
**Step 6:** Click Confirm to accept the gas fee amount and allow the transaction to operate ![](https://lh4.googleusercontent.com/GjXLHpKOhNC2N3Vnh_MFjRDFgDASybSw8Cxy893V1SFGK0UIUUOEmwI2LFjgV6Gvs5hICt9Drc6jRxEKmLNcMcwpk4ydA2OQ-n-mXKppOZaUVGBI1ggUkHgZxMFVpHUbjWcisJDQ3hBfnx7j8j8xmo-oUe9jIOeEvU4vGFH8v-vqhmLUEqq13U3cLuVErg) **Step 7:** Wait for a few seconds. A successful notification message will appear on the top of the app.
**Step 8:** You can check your Status by clicking on the View Status button next to the Deploy one. Each Knight will go through a 6-hour mission. After it finishes, it will show as Mission Finished.
**Step 9:** After the mission is finished, you can click on the Mission Finished Knight and select View Report to access the finished mission status.
Then click Confirm the transaction. ![](https://lh4.googleusercontent.com/4Ty0-yCvlWabiKSgvxIHWz_wqd_74Rdkza84S8wfRJeMELR8wUhz7OiXGTQe_UCm-LkT63uHjc9Q1jyBPvPdeFjQOgAdeNtRTHmCwovZZdXLX6nRhHnRa4eXLq8B2-_VlhG-8zjxJcrzH405wkKwqDUk9pW3PWBfqSNGb801jihfhePxpAKki0KQ62JSbA) **Step 10:** Wait for a few seconds. The mission result will show up on your app.
# Dilution Staking This is a form of Knight NFT and TRAVA staking, aiming to reduce the impact of inflation on long-term holders in the ecosystem. ## Requirements To be able to participate in Dilution Staking, you must have the following: * TRAVA tokens to stake * [Trava Knights](https://docs.trava.finance/nfts/):\ \- Knight NFTs V2\ \- Limited Knight **Note!!** Knights V1 will not be accepted, so please [Trade-up](https://blog.trava.finance/trade-up-mechanism-v2-20cc2e84a847) them or buy Armoury Chests V2 and assemble your Knights. ## Mechanism ### Knight Rarities Each Knight of a rarity has a different power rating, and maximum amount TRAVA to join a Limited Knight Battlefield. | | | | | | ---------- | ---------------- | ------------------------------- | --------------- | | **Knight** | **Power rating** | **Max lock on limited (TRAVA)** | **Fee (TRAVA)** | | Copper | 1.6 | 10,000 | 500 | | Silver | 4.4 | 500,000 | 1,320 | | Gold | 12 | 1,000,000 | 3,600 | | Diamond | 28.88 | 5,000,000 | 8,667 | | Crystal | 280 | Unlimited | 84,000 | ### Army sizes * Each army size requires a minimum power rate and Knights of specific rarities, allowing a different maximum amount of TRAVA staked. | | | | | ------- | ------------ | ------------- | | Army | Power rating | Maximum stake | | Squad | 15 | 100,000 | | Platoon | 75 | 1,000,000 | | Company | 350 | Unlimited | * For example with Medium Battlefield, a Platoon requires minimum Power Rating of 75, and Knight rarities of Copper, Silver, Gold and Diamond. The maximum amount of TRAVA can be staked is 1,000,000 TRAVA. ![](https://lh6.googleusercontent.com/kI1g4eOLjsa_BY1T2bR4FcfhyPEotBMK2PeS2fBi9GiEylrUTjM1uxxeo46YPabxce3ZIczlB4LIyMDFmHTqr7dckrbGV5BOIl3AypTUlcOvJiMrLoNwGaEdrun8U6maHePr8SSC0uGN4XcXY0GXhs0) ### Lock time The longer the lock time, the higher the dilution percentage will be. | | | | ------------- | ------------ | | **Time Lock** | **Dilution** | | 6 Months | 15.9% | | 1 Year | 38% | | 1.5 Year | 68.5% | | 2 Years | 100% | ### Retention rate It will be calculated according to the ratio of TRAVA deposit to the amount of TRAVA circulating in the market. So when you deposit your TRAVA, all stakes will be snapshotted, ensuring your benefits are fixed at the moment of entry. For example, if a user deposits 1 million TRAVA and the total amount of TRAVA in circulation at the moment is 1 billion, then the retention rate will be 0.1%. ### Actions * Users can only deposit the first time. * During the locking period, users can extend the lock time for the NFTs. ## Utilities * Protect long-term holders in the community against inflation, by lowering the risks when the price of TRAVA decreases. * Stake rights can be exchanged like NFTs. * Proof of stake can be sold on [Trava Marketplace](https://nft-app.trava.finance/marketplace/). # Future Scope ## **NFT Brigde** Coming soon ## **Dilution Staking** Coming soon ## **Buyback Mechanism** Coming soon ## **Trava NFT Auction** Coming soon ## **NFT-collateralization** Coming soon