👩‍🌾Community FAQ

A huge shoutout to the hundreds on Discord asking great questions - we have updated the docs but also included some bonus answers here

Q: What happens with Store to Blockchain and hoarding. Does it go away with the new model? There are multiple references to avoiding gas fees so I'm curious how this will evolve.

In our new architecture we will move away from storing to the Blockchain. $FLOWER will have more off-chain capabilities and inventory/wearables will follow a new format of mint on withdraws. There will also be cases where the team will execute transactions to put liquidity on chain - i.e claiming a special event SFT.

Q: Is there intend to incentivize LP engagement via resurrected Wishing Well, or Merkl, or ...?

We haven't locked in a service but are working with teams on the new native chains.

Q: Will the current tax-free feature exist in essentially the same form as today, just with $FLOWER instead of $SFL?

Yes, the tax free format will continue with $FLOWER. Your tax free amounts will carry over.

Q: When withdrawing $FLOWER from game on or after May 1st, where can withdraw be "to" (blockchains, a CEX directly?)?

We are aiming for public withdrawals to either your personal wallet or directly to an exchange in May. However, this will all depend on development schedule and partnership timelines.

Q: However, there is one thing that I think still needs to be discussed, is FLOWER releasing too much in the early? Currently there are about 16 million SFLs and FLOWER is planning to reach 300 million in circulation by 2025, so it seems that the value of SFL holders is being diluted if they are exchanged at a 1:1 rate

Yes that is a valid concern. We are working with some partners to finalise these amounts - we will share some more usage assumptions. Final amounts will be modelled over the coming weeks.

For instance, with 1 million users, this is distributed widely.

Q: What will happen with SFL auctions, will they become FLOWER auctions? The same with gem auctions, if you now need FLOWER to buy gems... will they change?

Currently yes, SFL Auctions will be replaced with FLOWER auctions.

We are still finalising these exact mechanics - possibly we would only do Gem auctions since you can now buy Gems with $FLOWER

Q: Eth gas fees are very expensive

BASE uses eth, but gas fees are very cheap! (~$0.01) - additionally, there will be less transactions required in game to play so you don't need to pay for gas each time.