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Eventually our contracts will be open-sourced and upgradability will be removed. For now we're publishing notes here.

👨💻 Contract Architecture

How Data Flows

Players may take positions by selecting a number of variables and depositing ERC-20 collateral. New positions are represented as ERC-721 tokens (Mimes).

Mimicry data flow diagram

Mimics as NFTs

Each minted Mimic will contain specialized metadata written to the blockchain. When rendered within a wallet, that data, along with real-time performance information, will be visible in the NFT itself. Some of the data recorded may include:

  • The NFT collection to peg value against
  • The direction of the collection's price prediction (long or short)
  • The USD liquidation value of the position, after fees
  • The amount of profit, expressed as a percentage
  • The amount of rewards earned