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Cowboy Finance logo

Cowboy Finance

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Ethereum
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News

Expectations for Actively Managed Crypto ETFs by 2025
Bloomberg analyst Eric Balchunas reports on the potential launch of actively managed crypto ETFs by 2025.
user avatar

Giorgi Kostiuk

6 minutes ago

WINK Shows Weak Bullish Momentum, Eyes Support at $0.00004842
WINK rejected at $0.00005600 and moves towards support at $0.00004842 amid bearish shift.
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Giorgi Kostiuk

7 minutes ago

BlackRock's ETHA ETF: Record Inflows and Growing Interest in Ethereum
BlackRock's ETHA ETF has attracted over $492 million in nine days, signaling rising institutional interest in Ethereum.
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Giorgi Kostiuk

40 minutes ago

What is Cowboy Finance?

Breeding

Well gosh darn it, them COWs be sterile. Seems the COWboys reached consensus that we have ourselves a big ‘ol BBQ and the 10,117,800 COWs in the breeding pool will effectively be burnt, with the breed function never to be called again.

Stable

Dem COWs need MILKin. Deposit your COWs in the Stable to start earning MILK.

Depositing COWs on their own will get you a share of 20,000 MILK/day (reducing by 10% every 7 days).

Depositing COW:ETH Uniswap LP tokens will get you a share of 40,000 MILK/day (reducing by 10% every 7 days).

Depositing MILK:ETH Uniswap LP tokens will get you a share of 40,000 MILK/day (reducing by 10% every 7 days).

5% of all MILK produced from the above will go to the team treasury as a reward for our developers.

Milk

MILK is a whole 'nother game partner. Every round (6 hours) a COWboy can commence the round.

In any round, there is a 30% chance that the bandits will come and steal between 1% and 99% of all the MILK in your wallet. Not to worry though, as the sheriff will catch 90% of the bandits and put the MILK into the Sheriff's MILK pot. The other 10% of the bandits will get away and drink the MILK (burning it).

In any round where the bandits don't come, there is a 30% chance that the Sheriff will distribute the Sheriff's MILK pot to all COWboys, pro rata to the amount of MILK in their wallets.

Vault

The Sheriff can also offer protection to COWboys, where you can deposit your MILK into the Sheriff's vault. In this case, you will be protected from the bandits (they can't steal your MILK) but you also won't be eligible for the Sheriff's MILK pot. Also, in every round your MILK is in the Sheriff's Vault, the Sheriff will charge you a 1% protection fee, which is added to the Sheriff's MILK pot.

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