About Silvex
Intro
Silvex settles one round every minute on Robinhood Chain. You lay native ETH across a 5×5 block grid; when the clock empties the protocol draws a single block and every wallet holding it splits the round pro-rata. Winning positions are also minted SILVEX, the protocol token, which can be staked in the vault for a continuous yield.
This build runs the grid, the rankings and the vault against an in-app ledger so rounds settle every minute without a wallet signature per action. The same rules are compiled into the on-chain contracts, deployable in one click from the deploy page.
How a round runs
Tap any of the 25 blocks and name your ETH. Your position is divided evenly across every block you hold.
Every position placed inside the minute competes in the same round. The grid closes five seconds before the draw.
Settlement draws one block. Positions sitting on it split the round pro-rata to size.
ETH on the drawn block mints SILVEX at 0.1 per ETH. The rest of the round funds the protocol and the Vault Pot.
SILVEX staked in the vault accrues yield every second. Claim it or compound it back into the position.
The numbers
Vault Pot
A slice of every settled round rolls into the Vault Pot. When the pot triggers, the largest position on the drawn block takes the whole pot on top of the round prize. Rounds that draw an empty block feed the pot in full.
Contracts
Four contracts, three transactions. SilvexToken deploys on its own, SilvexDeployer then deploys the grid and the vault against that token address, and the mint rights are wired last. Both the grid and the vault carry an owner-only setToken, so a replacement SILVEX token can be wired in later without redeploying anything.
The SILVEX ERC-20. Only the grid and the staking vault may mint it.
The 5×5 block field: 60-second rounds, the rake, pro-rata ETH payouts and the Vault Pot.
The vault: stake SILVEX, accrue yield per second, claim or compound.
Deploys the grid and the vault against an existing SILVEX token address.
Disclaimer: Please Read
- Silvex is experimental software operating on Robinhood Chain.
- Nothing on this site is financial, investment, legal, or tax advice. Nothing here is an offer or solicitation to buy or sell any security. This is Not Financial Advice (NFA).
- SILVEX and other crypto assets are highly volatile. Their value can fall sharply, even to zero, at any time and for any reason.
- Silvex rounds are a game of chance with real stakes. ETH you lay on the grid can be lost according to the protocol's published rules. Only the drawn block's depositors share each round.
- There is no guarantee of mining rewards, Vault Pot triggers, staking yield, buybacks, or any other outcome. Past activity is not a promise of future results.
- You are solely responsible for your own research, for complying with the laws and regulations of your jurisdiction, and for any taxes owed on your activity.
Never mine, stake, or trade with more than you can afford to lose completely.