Project Overview
CupDao Whitepaper
A comprehensive overview of CupDao's dual-token economy, prediction market mechanics, IDO participation, and platform governance, written for both investors and players.
Prediction markets, token sales, and lockups involve risk. This document describes protocol design and is not investment advice.
Overview
CupDao is a decentralized prediction platform on the Polygon network. Every game accepts USDT only, and 51% of game net profits are distributed to CupDao holders (49% to project).
Executive Summary
CupDao is a decentralized prediction market protocol focused on whitelist IDO, Lucky Roller Coaster, public IDO, and World Cup prediction.
- Single entry asset: USDT for all games and purchases.
- Dual-token model: CupDao (210M fixed) participates in 51% net profit distribution (49% to project) via independent dividendShare ledger. Cup (210M cap) serves as lockup rewards, loss compensation, and referral incentives.
- Whitelist IDO: Five tiers at fixed 0.005882 USDT/CupDao, 500 seats, 400K USDT.
- Public IDO: Linear marginal price curve (0.01078→0.024 USDT), 92M CupDao, 1.6M USDT hard cap.
- No refund, no vesting: CupDao delivered immediately on buy. Dividend shares activate after 24h.
- Prediction markets, token sales, and lockups all involve risk. This document describes protocol design; not investment advice.
Key Parameters
| Item | Parameter |
|---|
| Network | Polygon |
| Entry asset | USDT only |
| CupDao supply | 210,000,000 |
| Cup max supply | 210,000,000 |
| Whitelist IDO | 400,000 USDT / 68,000,000 CupDao |
| Public IDO | 1,600,000 USDT / 92,000,000 CupDao |
| Public IDO start/end | 0.01078 / 0.024 USDT |
| Profit distribution | 51% → holders, 49% → project |
Design Principles
- Trust: all rules and settlements execute on-chain, publicly verifiable
- Fairness: dual-token model lets different participants join distributions by rule
- Transparency: capital flows, odds, and pool sizes visible from on-chain data
Protocol Overview
How It Works
CupDao model: USDT bet → win cash → lose earn Cup → hold CupDao for dividends.
Participation Path
Return Sources
| Source | Trigger | Form |
|---|
| Dividends | Hold CupDao | USDT (51% net profit) |
| Cup Rewards | Lock CupDao | Cup (by vePower) |
| Compensation | Lose prediction | Cup (failure pool) |
| Referral | Invite others | CupDao (IDO) / Cup (game) |
Dual-Token Economy
| Token | Supply | Role |
|---|
| CupDao | 210,000,000 | Dividend token: 1 CupDao = 1 Share, 51% profit distribution (49% to project) |
| Cup | 210,000,000 cap | Reward token: lockup rewards, loss compensation, referral incentives |
CupDao Distribution
| Allocation | Amount | Notes |
|---|
| Whitelist IDO | 68,000,000 | 5 tiers, fixed price, 400K USDT |
| Public IDO | 92,000,000 | Marginal curve, 1.6M USDT |
| Team EOA | 10,500,000 | Direct at deploy |
| CupDao-USDT LP | 20,000,000 | With 480K USDT at full finalize |
| Referral Pool | 7,000,000 | CupDao rewards during IDO |
| Ecosystem/Reserve | 12,500,000 | Treasury controlled |
Cup Distribution
| Allocation | Amount | Notes |
|---|
| CupDao-Cup Pool | 20,000,000 | Paired with 1M CupDao |
| Lockup Reward | 21,000,000 | By vePower |
| Failure Compensation | 14,000,000 | Shared across games |
| Community | 7,000,000 | Events and operations |
| Referral Incentive | 12,000,000 | Capped, no refill |
| Treasury Reserve | 136,000,000 | Treasury controlled |
AMM Sell Tax
Only on transfers to the official QuickSwap V2 pair. No tax on buys or wallet transfers.
| Phase | Time from finalize | Rate |
|---|
| Guard 1 | 0-72h | 35% |
| Guard 2 | Days 4-7 | 25% |
| Guard 3 | Days 8-14 | 15% |
| Guard 4 | Days 15-30 | 8% |
| Base | After 30 days | 1% |
Value Flow
Phase 1 — Whitelist IDO
Fixed 0.005882 USDT/CupDao, immediate CupDao, permanent community identity.
Five Tiers
| Tier | Identity | Seats | Deposit | CupDao |
|---|
| W1 | Oracle | 5 | 10,000 USDT | 1,700,000 |
| W2 | Arbiter | 20 | 5,000 USDT | 850,000 |
| W3 | Strategist | 75 | 2,000 USDT | 340,000 |
| W4 | Pathfinder | 200 | 400 USDT | 68,000 |
| W5 | Voyager | 200 | 100 USDT | 17,000 |
Total: 500 seats, 400K USDT, 68M CupDao.
Participation Flow
Key Rules
| Rule | Detail |
|---|
| Fixed Price | 0.005882 USDT/CupDao |
| Immediate | CupDao on buy, no vesting |
| Permanent ID | Status never expires |
| Dividends | Shares pending 24h then auto-activate |
Phase 2 — Lucky Roller Coaster
First playable game. Bet USDT, Chainlink VRF randomness. 51% net profit to TreasuryDividend, 49% to project.
Game Flow
Key Mechanics
| Parameter | Detail |
|---|
| Entry | USDT only |
| Randomness | Chainlink VRF |
| Cup Comp | From failure pool |
| Profit Flow | 51% → holders, 49% → project |
Phase 3 — Public IDO
Linear marginal price curve. Price rises as cumulative CupDao sold increases. Immediate CupDao.
Pricing
marginalPrice(soldCupDao) = 0.01078 + 0.01322 × soldCupDao / 92,000,000
cost = integrated from current soldCupDao (round up to USDT units)
Buy Flow
Key Parameters
| Parameter | Value |
|---|
| Hard cap | 1.6M USDT / 92M CupDao |
| Soft cap | 300K USDT |
| Start/End | 0.01078 / 0.024 USDT |
| Delivery | Immediate |
| Refund | None |
| LP | 20M CupDao + 480K USDT at full |
Phase 4 — World Cup Prediction
Flagship market. Bet USDT on match outcomes (win/draw/lose). Chainlink Data Feeds with staleness checks.
Match Flow
Key Mechanics
| Parameter | Detail |
|---|
| Entry | USDT only |
| Markets | Win/Draw/Lose per match |
| Data Source | Chainlink Data Feeds |
| Settlement | One-time fee |
| Cup | From failure pool |
Dividend Mechanism
Hold CupDao and earn 51% of net profits via independent dividendShare ledger (49% to project). 1 CupDao = 1 share, no weighting.
Dividend Flow
Key Rules
| Rule | Detail |
|---|
| Share Denominator | Fixed 210,000,000 |
| Profit Entry | Authorized game + unique profitId |
| New Buyers | 24h pending, no historical profit |
| Sellers | Retain earned unclaimed profit |
Staking & veCupDao
Lock CupDao to earn veCupDao for Cup rewards. veCupDao does not affect USDT dividends (1 CupDao = 1 share always).
Staking Flow
Lock Periods
| Period | vePower |
|---|
| 30 days | 1.0x |
| 90 days | 1.5x |
| 180 days | 2.0x |
| 365 days | 3.0x |
- Absolute lock: no early withdrawal
- No historical Cup: accCupPerVe + rewardDebt model
- Dividends without lock: hold CupDao = earn USDT
Referral System
Unified 5-tier system. Auto-upgrade by cumulative referred USDT, permanent and irreversible.
| Tier | IDO Rate | Game Rate | Threshold |
|---|
| T1 Oracle 预言者 | 2.50% | 1.00% | 200K USDT |
| T2 Arbiter 裁决者 | 2.00% | 0.75% | 50K USDT |
| T3 Strategist 策略师 | 1.25% | 0.40% | 10K USDT |
| T4 Pathfinder 探路者 | 0.75% | 0.20% | 1K USDT |
| T5 Voyager 远行者 | 0.50% | 0.10% | Start |
Upgrade Flow
Reward pools: IDO uses CupDao pool (7M), game uses Cup pool (12M, capped). Whitelist buyers start at their tier; non-whitelist start at T5.
Economic Flywheel
Risk & Participation
Prediction markets involve risk. CupDao provides transparent on-chain infrastructure, not guaranteed outcomes.
Participants should understand:
- Wallet risk: lost keys mean irreversible asset loss
- Smart contract risk: designed with security in mind; no system is flawless
- Market risk: prediction outcomes depend on uncontrollable variables
- Liquidity risk: token trading depth may be limited
- Regulatory risk: treatment varies by jurisdiction
- Locking risk: veCupDao locks are absolute — no early withdrawal
This document describes CupDao protocol design and token economy. For informational purposes only. Not investment advice.
