Tabi
+-----------------------------------------------------------+| TABI |+-----------------------------------------------------------+| || The second Ponzi Chain after Berachain || Game Chain = Mining Machine Split Scheme || |+-----------------------------------------------------------+Positioning
Section titled “Positioning”Nominally, Tabi is a Cosmos-based, VM-agnostic gaming chain
But gaming means schemes. Gaming chain = announcing a new mining machine split scheme
Token Model
Section titled “Token Model”Tabi is essentially a Dividend Scheme, with one token $Tabi in three states:
| State | Description | Use |
|---|---|---|
| $Tabi | Gas token | Basic transactions |
| veTabi | Locked token | Converted from locked $Tabi or mined, non-tradeable |
| veTabi (Staked) | Governance | Vote for games, earn protocol revenue and bribery rewards |
Deposit-Withdrawal-Payout Model
Section titled “Deposit-Withdrawal-Payout Model”Macro View
Section titled “Macro View”Deposit: User buys $Tabi or mining machine
Revenue/Payout:├── veTabi → Stake and vote for games├── Earn $Tabi protocol revenue + project bribery rewards (variable)└── Payout ratio = Total $TABI output sold / Total $TABI + machine purchases
Withdrawal: User or project sells $TABIComparison with Berachain
Section titled “Comparison with Berachain”| Dimension | Berachain | Tabi |
|---|---|---|
| Core mechanism | Primarily Mutual-Aid | Primarily Dividend |
| Goal | Maximize liquidity | Increase user sunk cost |
| Reward source | Definite BGT + fees | Project-provided rewards |
Why Tabi Chose Dividend Model
Section titled “Why Tabi Chose Dividend Model”Audience: Gaming projects + gaming participants ↓Gaming is basically dividend schemes ↓Main logic: Increase user sunk cost, promote continuous reinvestment ↓Tabi logic: Hold tokens → Increase staking rate and opportunity costProject-User Game Theory
Section titled “Project-User Game Theory”Similar to Berachain, projects must maximize veTABI TVL for maximum returns:
Can only provide more rewards +Continuously launch schemesBut this is a game:
| Risk | Result |
|---|---|
| Too much PUA | Users vote with their feet |
| Too high payout ratio | Project doesn’t profit |
Open Questions
Section titled “Open Questions”- What is the mining mechanism?
- How to ensure games fairly share rewards with voting players?
- How does Tabi extract value chain-wide beyond gas?
Core Formulas
Section titled “Core Formulas”Tabi essence:├── Game chain = Mining machine split scheme├── Primarily dividend + project bribery└── Designed around user sunk cost
Difference from Berachain:├── Bera: Definite rewards + mutual-aid logic└── Tabi: Project rewards + dividend logic
Core game theory:├── PUA intensity vs user retention└── Payout ratio vs project profitabilityAs a Ponzi chain with major VC investment like Berachain, definitely worth continued attention