The Plooshies Ecosystem
  • Intro
  • Why The Plooshies?
    • The Plooshies’ Lore
    • Plooshy Island
    • NFTs in the Ecosystem
  • NFT Collections
    • The Plooshies NFT Collection
      • Utilities For NFT Holders
      • Set Building
    • The Island NFT Collection
  • Plooshy Island
    • About Plooshy Island
      • Core Philosophy
      • Free2Play
      • Play2Own
      • Play2Earn
    • Main Game Mechanics
      • Characters
      • Houses and Apartments
      • Inventory/Decoration
      • Plooshy Points
      • Experience & Level
      • Stamina Bar
      • Quests
      • Mining - Plooshy Crystals & Gems
      • Bank/Bridge
    • Game Loop
      • Reward System
      • Level System
      • Energy System
  • Plooshy Points (PP)
    • What are PP?
    • Use PP
    • Get PP
      • Daily Gameplay
      • Community Events & Competitions
      • Social Media Quests
      • Soft Staking for PP
      • Exchange from $CUDDLE
      • Buy Plooshy Points
    • Soft Staking (for NFT Holders)
      • Yield
      • Different Multipliers
        • Trait Multiplier
        • Level Multiplier
        • Holding Duration Multiplier
      • How to Stake Your Plooshy: A Step-by-Step Guide
      • Do’s & Don’ts
  • $CUDDLE Coin
    • What’s $CUDDLE?
    • Why $CUDDLE?
    • Use $CUDDLE
    • Get $CUDDLE
    • Hard Staking $CUDDLE
      • How it works
      • Allocation & Metrics
  • The Bridge: PP to/from $CUDDLE
    • Exchange Mechanism
    • How it works
    • Convert PP to $CUDDLE
    • Convert $CUDDLE to PP
  • SocialFi
    • What is SocialFi?
    • How-To: Plooshy SocialFi
      • Earn Social Points
    • Season 1
      • Collect Social Points
      • Rewards
    • Scoring System
      • Metrics & Multiplier
      • Engagement Score Formula
      • Invite Score Formula
      • Total Leaderboard Score
      • Update Frequency
  • Dataroom
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  1. The Bridge: PP to/from $CUDDLE

Convert $CUDDLE to PP

On-Chain to Off-Chain

Public Deposit: Players publicly deposit $CUDDLE Coins into the Exchange Contract. This transparency helps in maintaining trust and accountability within the ecosystem.

Daily Conversion: Every 24 hours, the deposited $CUDDLE Coins are converted into Plooshy Points (PP). Like the conversion to $CUDDLE, this process happens daily to ensure consistency.

Dynamic Exchange Rate: The exchange rate for converting $CUDDLE Coins to PP is also dynamic and depends on the total $CUDDLE deposited by all players each day. This creates opportunities for strategic deposits based on market conditions.

Redistribution of Points: The bank redistributes the PP deposited by players during the initial step. This redistribution is done daily, ensuring that players have a regular influx of points to use within the game.

Proportional Distribution: Players receive a proportion of the daily PP supply based on their contribution to the total tokens deposited. This means that the more you contribute, the greater your share of the points.

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Last updated 8 months ago