Virtual Mint - Minting

Tooltips

  1. Back button

    1. this button brings you back to the “Overview” page

  2. Token information

    1. this section describes all the main relevant information about the token

      1. logo

      2. symbol

      3. Display ticker - we collect this info when a user etches (but it’s not a part of the Rune info)

      4. Rune ticker

        1. user should be able to click on this to copy

      5. description

      6. created: the time when the Rune is confirmed as etched

      7. creator address: the address that submitted the etch

        1. user should be able to click on this to copy

      8. Rune ID: ID of the Rune

        1. user should be able to click on this to copy

      9. socials: links to Twitter, Telegram or website (if provided)

        1. *if not provided, make 50% opaque but still visible

  3. Current block

    1. similar to the overview page, this progress bar shows how many mints are in the current VM block, approximately what % of the block that is, and the estimated time remaining in the current block

  4. Current block prices

    1. similar to the overview page, it shows 3 things:

      1. minimum = minimum sats price per token to be included in the current block (projected)

      2. average = the average bid price per token in sats of all the mints in the current block

      3. highest = the highest bid price per token someone is paying in sats in the current block

  5. Confirmed [token] mint prices

    1. this section displays historical bid prices per token for this specific token

      1. lowest = lowest bid price per token for a confirmed mint of this specific token

      2. average = average of all confirmed bid prices per token of this specific token

      3. highest = highest bid price per token for a confirmed mint of this specific token

  6. Bid price graph

    1. (currently a placeholder)

  7. Mint progress

    1. this displays the progress of the token

      1. shows the implied marketcap of the token, based on the amount of BTC currently confirmed (with the assumption it mints out): BTC confirmed * btc_price * 5 = implied marketcap

      2. ENDS IN is a countdown timer for how much time is left in the token’s mint

      3. we provide a progress bar to show how close the token is to minting out

        1. complete = % already confirmed in a VM block

        2. pending = % currently pending, whether it's in the current block on waiting in our mempool

        3. remaining = 100% - complete

  8. Mint

    1. this is where the user goes to mint the token

      1. “Number of mints” is where the user inputs how many mints they want

        1. this should default to 0

        2. hitting the buttons to the right increase or decrease the mint amount by 1

        3. hitting the buttons below are a shortcut to inputting more mints

          1. the default highlighted button is “reset”

          2. reset brings their input back to 0

          3. max is the max amount they can mint based on their current set price per token

        4. the user shouldn’t be allowed to input any decimals

        5. underneath where it says mint(s) we display how many tokens they would be minting given their input

      2. “price per token” is where the user inputs how much they want to pay per token

        1. this should default to 0.01 sats/token

        2. hitting the buttons to the right increase or decrease the price by 0.001 sat

        3. hitting the buttons below are a shortcut to changing your price per token

          1. the default highlighted button is “slow”

          2. slow is the minimum bid price per token required to be included in the current block

          3. medium is SLOW * 1.5 (rounded up to 3 decimal places)

          4. fast is SLOW * 2

          5. when a user clicks on custom it will set the input to blank and they’ll be required to input something

        4. the user should only be allowed to input 3 decimals maximum

        5. implied marketcap under “sat(s)” should be a dynamic calculation: (price per token * 800,000,000)/100,000,000 * BTC price * 5

      3. the information box below the inputs informs the user if their mint is projected to be included in the current block or not

        1. if price per token is greater than or equal to the minimum bid price per token required to be included in the current block, display (in green):

          1. Your mint is projected to be included with that price!

          2. Mints are not guaranteed... but if your transaction is never confirmed in a block or the token doesn’t mint out, you will be able to claim a full refund.

        2. if price per token is less than the minimum bid price per token required to be included in the current block, display (in red):

          1. Your mint is not projected to be included with that price!

          2. Mints are not guaranteed... but if your transaction is never confirmed in a block or the token doesn’t mint out, you will be able to claim a full refund.

      4. amount you’ll pay is a function of:

        1. number of mints * number of tokens per mint * price per token / 100000000

        2. the user’s balance is displayed below this output in parentheses

      5. mint button

        1. the number on the mint button changes to match the amount of tokens the user is trying to mint

        2. there are a couple scenarios this mint button will show:

          1. invalid price per token: shown when a price with more than 3 decimal places is submitted

          2. insufficient BTC balance: when the user’s # of mints * price per token * 10,000 is greater than the user’s radFi BTC balance (after transaction fees)

          3. you must spend a minimum of 546 sats: if a user’s tx size is too small (under 546 sats)

  9. Transactions

    1. this sections shows all the VM mint transactions related to the specific token

      1. all mints

        1. shows mint transactions from all accounts for the specific token, displayed where the most recent tx is at the top

      2. my mints

        1. shows mint transactions from only the user’s connected account for the specific token, displayed where the most recent tx is at the top

      3. claim BTC

        1. this button will appear when a mint is complete, whether successful or failed, if the user has any BTC to claim

  10. Top holders

    1. this shows the confirmed balance for the top 50 holders of the token, with the highest balance being the top of the list

    2. the top right “total” shows the # of wallets with a balance > 0 of the token

  11. Diamond hands

    1. this section explains what the diamond hand feature is, as well as shows the top diamond hand wallets

      1. “learn more” in the description should link to the radFi docs section explaining what the feature is

      2. the list of diamond hand wallets shows what % of diamond handed tokens they own, sorted from largest to smallest

        1. we also display the # of diamond handed wallets, those who still have 1M+ diamond handed tokens

        2. the % calculation is done as follows:

          1. users # of diamond handed tokens / total # of diamond handed tokens * 100

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