Bars
Bar #1 holds 1 BALANCE, Bar #2 holds 2, up to Bar #10,000. Mint for 8 days, then melt any time to get it back.
Colors here are illustrative. Each Bar takes the colors of the BALANCE deposited in it.
Who can mint when
- Day 1 Nov 11Converted Statements, bought in the auction or added liquidity, never soldUp to 196 wallets
- Day 2 Nov 12Bought more than once, never soldUp to 906 wallets
- Day 3 Nov 13Everyone else who never soldUp to 17,085 wallets
- Day 4 Nov 14Everyone, until the close on Nov 19
Each day opens at 11am Eastern. Bought: from the pool or a contract. Sold: sent to a contract. Adding liquidity is not selling. You need 1 BALANCE at the snapshot. Up to 10 Bars each until Day 4. The snapshot is taken on the morning of November 11, before the mint opens, so Statements converted before then count. Counts as of November 10.
The record
- Serial number
- Bar number, drawn as a row of cells
- Weight
- BALANCE inside
- Price
- #1 costs 1 BALANCE, #2 costs 2, and so on
- Refiner’s mark
- Deployed by
- Year cast
- Block
- Assay
- Ink mix
- Vault
- One contract per Bar
- Casting
- 8 days, up to 10 at a time
- Melting
- Burns the Bar, returns the BALANCE
- Supply
- Set by the 8 days, 10,000 at most
- Recasting
- None. No number is made twice
Melt value
A Bar is worth at least the BALANCE inside it. Any price above that is for the Bar.
Vaults
Each Bar’s BALANCE sits in a separate contract. Only the Bar’s owner can melt it.
Gold bars
A gold bar is metal stamped with a weight and a serial number. A Bar is the same, made of BALANCE.
Origin
BALANCE came from Credits and Statements. Bars turn it back into objects.
This is a preview. Bars are not deployed yet. Minting opens November 11 at 11am Eastern.