Paddle Finance
  • Introduction
  • Liquidity Solution
    • Basket Collateral
    • Collateral Loan
      • Peer-To-Peer Lending
      • Crowd Lending
      • Pool Lending
    • OTC Exchange
    • Parameters
  • Paddle Battle
    • Mechanics
    • Revenue
    • Referral System
  • Governance
    • PADDenomics
    • About PADD
    • PADD Reward
    • Fee Collection & Distribution
  • User Guide
    • Borrower
    • Lender
  • OTC Trade
  • API Documentation
    • API Guide
    • Loan Endpoints
    • OTC Endpoints
    • REST Endpoints
    • Tutorials
      • Source
      • Parameter Explanation
      • Loan - Create order
      • Loan - Cancel Order
      • Loan - Lend
      • Loan - Repayment
      • Loan - Liquidate
      • OTC - Create OTC Order
      • OTC - Cancel Order
      • OTC - Take Order
  • Links
    • Website
    • Twitter
    • dApp (Mainnet)
    • Audit Report_V1
    • Brand Kit
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On this page
  • How to Start?
  • Game Modes
  • 1. Token Duel – Fast-Paced Betting Rounds
  • 2. Degen PvP – 1-on-1 Token Performance Battles (Coming Soon)
  • How It Works
  • How to Exit?
  • The Use of Deposits
  1. Paddle Battle

Mechanics

This section will provide you with a comprehensive description of Paddle Battle's game mechanics.

PreviousParametersNextRevenue

Last updated 17 days ago

Welcome to Paddle Battle! An on-chain trading game platform that allows users to wager various assets (such as ERC-20 tokens, Memecoins and soon NFTs!) to challenge others to a duel or accepting existing challenges.

Offering several exciting modes to play:

  • Token Duels: Fast-Paced Betting Rounds

  • Degen PvP: 1-1 Token Battles

  • More in the pipeline

How to Start?

  1. Connect Your Wallet – Link your wallet and deposit the assets you want to use in battles.

  2. Deposit Your Stakes – Any asset you deposit becomes part of your duel balance.

Example:

Alex deposits 100 USDT, 5 BERA, and 100 BITCOIN. These now form his duel balance, allowing him to place wagers.

Alex’s Duel Balance:

  • 100 USDT

  • 5 BERA

  • 100 BITCOIN

Now, he can join existing battles or create duels using any of these assets.

Game Modes

1. Token Duel – Fast-Paced Betting Rounds

A quick-fire battle mode where players bet on predefined token matchups.

How It Works:

  • Predefined Battle Pairs – Paddle sets up default matchups (e.g., BERA vs. SOL) with:

    • Stakes: Users wager specified assets (e.g., BERA).

    • Betting Window: Open for 15 minutes.

    • Battle Duration: Runs for 15 minutes.

  • Wagering Phase: Players bet any amount from their balance on either side.

  • Battle Phase: Once the wagering phase ends, the battle begins.

Fees & Rewards:

  • 2.5% of the wagered amount is deducted as a gaming fee, which is used for:

    • Referral Rewards (Rebates)

    • $PADD Stakers

Winning & Payouts:

  • The side with the higher price increase wins and shares the total prize pool proportionally.

  • This mechanic encourages players to strategically balance both sides, factoring in expected value and game psychology to bet on the side with fewer wagers for a higher potential return.

Continuous Play:

  • A new Token Duel begins shortly after each round, ensuring non-stop action.

2. Degen PvP – 1-on-1 Token Performance Battles (Coming Soon)

A strategic battle mode where players carefully select their own token basket to compete in head-to-head matchups, testing their market insights and decision-making skills.

How It Works

Creating a Duel - one player sets up a duel by:

  • Placing the stake (e.g., 100 USDT, 5 BERA, or 100 BITCOIN).

  • Setting the challenge window (time for others to join).

  • Specifying the start time and duel duration (e.g., 1 day or 1 week).

Accepting the Duel - Another player (e.g., Ben) accepts the challenge by matching the exact stake. Once accepted, the duel begins at the scheduled time.

Gameplay Mechanics

  • Players do not trade real assets—instead, they use paper money to simulate market bets.

  • Each player selects one token or several tokens (customized basket) they believe will outperform based on price increase percentage.

  • Paddle pulls real-time data from Oracles and CoinGecko API to determine results.

  • Once the duel starts, 2.5% of the wagered amount is deducted as a gaming fee, which is used for:

    • Referral Rewards (Rebates)

    • $PADD Stakers

Winning & Payouts

  • The player whose chosen token basket has the highest price increase percentage wins.

  • The winner takes the entire prize pool.

  • The loser forfeits their stake.

Example:

  • Alex and Ben both stake 50 USDT.

  • If Ben wins, he receives 100 USDT - gaming fee.

  • Alex loses his 50 USDT, but any additional assets in his balance remain untouched.

Alex's Remaining Balance:

  • 50 USDT

  • 5 BERA

  • 100 BITCOIN

How to Exit?

If a player (e.g., Alex) wants to withdraw, they can do so at any time, withdrawing any amount from their balance.

The Use of Deposits

To maximize capital efficiency, Paddle integrates with Dolomite, Aave, and other lending protocols to generate additional yield from user deposits.

  • A portion of deposited funds is allocated to lending protocols and yield aggregators, generating additional returns for traders.

  • The percentage of funds supplied is dynamically adjusted in real-time based on:

    • Market conditions

    • Deposit and withdrawal activity

    • Liquidity demand on Paddle