# Web3.0 Application

**The web3.0 application of incentive allocation based on asset notes**

In the past few years, open financial in agreement development and lock warehouse value show strong growth momentum, but most agreements lack long-term value capture moat, for example, some open financial agreement dedicated to deep in a vertical field (such as automatic market maker model Uniswap or focus on stablecoin currency exchange Curve. Fi), but the competition for open financial agreements will eventually be the competition for liquidity. Assuming that liquidity can be the most efficiently circulated in three classes of value interlocked agreements, it will not remain in a single class of agreements. Liquidity, as the name suggests, has been chasing high efficiency in the flow, and no vertical protocol can avoid liquidity escape, so it must be condensed in some way.

The protocol matrix is designed to minimize the loss of liquidity and create gravity to retain it. Because once liquidity escapes, it may be lost forever. Just like astronauts sailing into outer space, no one knows if there is a chance to come back alive.

The future open finance will form a pattern of several large protocol matrix clusters, which are interlocked with each other through protocol tokens. Several super protocol clusters will form the galaxies of open finance and regulate most of the value flow in the open financial universe.

Finally, a new open financial system parallel to traditional finance will be formed to gather global assets and liquidity together and realize the free flow of value flow like information flow. This will be a real reshaping of money and open finance, and a new, self-evolving and self-sustained financial infrastructure.

**Application implementation**

**All Blue is a structured web3.0 application based on Honingdas Network, including 3 modes**

1 \ Ordinary mode

In normal mode, the user earns landmark NFT rewards by equipping NFT sneakers to run. Every 1,000 steps, the system generates 1 random question, and complete 5 questions to complete the day running task (automatically refresh at 12:00 every day). Random landmark NFT reward was obtained with a 1% increased probability of receiving a full landmark NFT reward for each 1 UBillNFT held, and a fragment landmark NFT probability reduced by 1%, with an initial probability of being full / fragment =0% / 100%

2 \ Running loop mode

In the ring running mode, users need to complete the ring task to earn NFT treasure map and $HDS token rewards. In the ring running task, players will automatically arrive at one new landmark every one hour, and submit and destroy the corresponding landmark NFT to unlock. Only when all 100 landmarks are unlocked, they can get the NFT treasure map reward, otherwise they can only get the number of NFT treasure map fragments of the unlock landmarks

3 \ Treasure exploration mode

Players generate step miles in running / loop mode, searching for once for every 1,000 miles accumulated, which requires a certain amount of $HDS tokens. Various types of NFT fragment rewards and complete NFT can be obtained in the treasure exploration mode.

**The Move2Earn system contains a total of 8 types of NFT**

1\UBill NFT

UBill is a certificate of deposit in All Blue Lend, generating 1 UBill NFT for every 100 FUSD deposit. It is a negotiable instrument type of interest-bearing asset, and each UBill represents the principal of 100FUSD and its corresponding usufruct.

2 \ NFT blind box

The series of blind boxes contains 4 different quality levels, each containing two quality NFT sneakers. The NFT blind box was cast through an official event

3 \ NFT sneaker

The series of NFT contains 4 quality NFT sneakers. It is divided into green, blue, purple and orange, and the higher the quality, the less $HDS is consumed in each repair.

4 \ NFT Landmarks / Fragards

The NFT landmark consists of 77 different designs of 11 landmarks in each of the 7 continents. The NFT landmark fragments and NFT landmarks are the same, with a total of 77 kinds, and 1 complete NFT landmark can be synthesized per 100 N F T fragments

5 \ NFT map / fragment

NFT treasure map contains four quality levels, namely green, blue, purple and orange. The higher the quality, the higher the probability of winning the ultimate prize, and every 3 treasure map with the same quality has the probability of getting one higher quality treasure map. There are 1 kinds of NFT fragments, that is, green NFT treasure map fragments. Every 100 green NFT treasure map fragments can be 100% synthesized into 1 treasure map fragment.

6\ALL BLUE

The ALL BLUE is the ultimate grand prize for each season, and every 1 ALL BLUE represents all of the $HDS consumed during that season. Each ALL BLUE represents one continental territorial claim and can levy up to 3% on the continent. When an ALL BLUE is cast, the end of the season, and the game goes to the next season.


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