Aviator Flightpaper V1.1

Stixil

Dec 8, 2023 — 18 min read

This article is taken from our official project Whitepaper. You can view and download the original PDF here: https://aviator.ac/Flightpaper

Aviator

Aviator is a pioneering web3 company, revolutionizing gaming and bridging solutions on Base with Aviator Arcade™ and SkyBridge™. Aviator Arcade™ is a gaming platform that allows any developer to publish their game on-chain without hosting fees, while offering competitive royalties, as well as rewards for players, in our native token, AVI. Our custom bridging solution, SkyBridge™ enables seamless transfers of any standard ERC-20 and ERC-721 token between Ethereum and Base, with ‘Supersonic’ options that bypass Optimism’s 7-day lockup period.

The Aviator token (AVI) functions both as the native Aviator Arcade™ token as well as the governance token for the entirety of the Aviator ecosystem, including the Aviator Treasury, giving control back to the players. Through leveraging the power of our Decentralized Autonomous Organization (DAO) and Aviator Arcade™, we provide unprecedented opportunities for community members to influence decisions, game developers of any experience level to develop games, and all participants the opportunity to guide the development and future of the platform.

The Aviator Vision

Transparency, security, and community-driven development are core values at Aviator, and we aim to ensure that every player's voice is heard and every developer's vision is valued. This approach does not just minimize transaction fees: it reimagines the role of stakeholders in the gaming world, placing them at the heart of our mission. Together, we are building a future where gaming is not just a pastime but a dynamic, participatory, and decentralized experience.

We are committed to leading this new era, ensuring that Web3 gaming is not just accessible, but also constantly evolving. Together we are exploring an industry where gaming not only transcends traditional boundaries but also redefines them, seamlessly merging with the decentralized world to create deeply immersive, community-driven experiences. Our goal is to see gamers and developers coexist and collaborate within a thriving ecosystem underpinned by trust, safety, and technical collaboration.

As we begin this journey, Aviator is laying the groundwork for an expansive future; one that goes beyond the arcade platform. Our vision encompasses a broader horizon, hinting at a more inclusive gaming client in which the scope of Aviator Arcade is limitless, evolving into a platform that not only hosts games but becomes an integral part of the gaming narrative itself.

Compliance

The protection of our community is paramount. We are committed to building a foundation of trust and security, recognizing that our community members are integral to our success and growth. We rigorously adhere to regulatory compliance, ensuring all operations align with legal standards, particularly those outlined in the United States where we are incorporated. Our approach includes transparent financial operations and clear communication of risks and opportunities.

Aviator’s team proactively monitors the evolving landscape of blockchain and gaming regulations. By staying up to date with these changes, we can adjust our strategies, ensuring that community interests are always at the forefront of our decision-making. Our commitment extends to the ethical use of technology and financial resources. We ensure that every interaction with Aviator Arcade is managed with the utmost responsibility and foresight, creating a stable, reliable, and forward-thinking environment where our community can feel confident and secure in their continued support of Aviator.

Community Focus

This specific engagement strategy consists of building strong connections with diverse groups within the gaming sector. Recognizing the influential role of developers, gamers, streamers, and content creators, we plan to actively engage with these communities through sponsorships, featured events, and collaborations. These initiatives aim not only to increase our visibility but also to create relationships and celebrate the creativity and passion that drive the gaming culture. Aviator will facilitate live interactions, gameplay, Q&A sessions, and special events that showcase both our platform and the talents of streamers who bring virtual worlds to life.

We are committed to developing relationships with game developers of all sizes and backgrounds, recognizing them as the creative backbone of the gaming industry and the developers of the future. By utilizing existing Web 2 platforms, we plan to host and sponsor Game Jams that challenge and inspire indie developers to create games that not only resonate with the community, but also allow feedback for developers and collaboration on possible games for the arcade platform. These Game Jams serve as an ideal opportunity to introduce indie developers to Aviator Arcade’s capabilities, encouraging them to utilize our platform for their creations.

Additionally, the community can maintain an active presence in game development forums and online communities, participating in discussions, offering support, and sharing insights. This two-pronged approach ensures that we not only raise awareness about our platform, but also foster a collaborative environment where developers can thrive and contribute to the ever-evolving landscape of gaming.

Token Security

Project funds were moved into a 3/5 multi-sig controlled wallet 19 minutes after initial deployment on July 13th, 2023. Following deployment, liquidity was transferred back to the deployer to be properly locked in UNCX for one year. Its lock expires on July 13th, 2024.

Token Deployment: https://etherscan.io/tx/0x5f17e9de6945222aa7bc7fc7c9dd97232d1c845b8d847da9c1997024ea586e2d

Transfer into Multi-Sig Treasury: https://etherscan.io/tx/0x050643f835e632a534f3793cc5c579dfbb20cb56a4c7e85fbb609a1d1aabc081

AVI/WETH Liquidity Add: https://etherscan.io/tx/0xb8f5f87b18eb9b35b5628a1ab5bd094ef363e5baac91fbe45871b928d85a848c

Liquidity Transfer Back To Deployer:

https://etherscan.io/tx/0xe153e9a162d087e0179dddf214a3a7c9d64584269485e12e9887a496b38d5e4e

Liquidity Lock: https://etherscan.io/tx/0xa3773db2220a10eeabd73227a06fddd60d726cc983d39b4a28e6fbbbc3c7e5a0

Token Audit: https://github.com/solidproof/projects/blob/main/2023/Aviator/SmartContract_Audit_Solidproof_Aviator.pdf

Aviator Arcade & SkyBridge are undergoing rigorous security audits by Hacken in preparation for the official launch, as will all future Aviator contracts and software deployments. This not only validates the integrity of the project but is also a testament to our commitment to transparency and trust.

AVI Tokenomics

Initial Distribution

When Aviator was deployed on July 13, 2023, the initial token distribution was as follows:

60% Uniswap V2
35% Community-Owned Treasury
5% Team Tokens Lock

Vesting Schedule

To protect the community, liquidity has been locked on UNCX Network for one year. Following this duration, liquidity will be re-locked with the opportunity to expand liquidity onto new DEXs as decided by the community.

A 5% token allocation has been reserved for our dedicated and hard-working team of developers, marketers, community admins, and advisors. These tokens are locked on a regular vesting schedule in UNCX Network, with 1% unlocking every two months on the 13th day of each month. These tokens can only be unlocked by the multisig treasury, and have been successfully airdropped to the team on the following dates:

99,650,000 tokens were unlocked and distributed on September 13th, 2023
99,650,000 tokens were unlocked and distributed on November 13th, 2023
99,650,000 tokens were unlocked and distributed on January 13th, 2024
99,650,000 tokens were unlocked and distributed on March 13th, 2024
99,650,000 tokens were unlocked and distributed on May 13th, 2024

A locking fee of 1,750,000 tokens, collected by UNCX Network, has been deducted from the team's token allocation. There are no outstanding team token allocations to be distributed at the time of publication.

Burns

As a deflationary asset, the Aviator team has designated specific goals for lump-sum token burns. These burns are executed from the community treasury and are subject to change via DAO vote.

$10,000 Market Cap — 3% (300,000,000 tokens) — Complete!
$100,000 Market Cap — 2% (200,000,000 tokens) — Complete!
$1,000,000 Market Cap — 2% (200,000,000 tokens) — Complete!
$10,000,000 Market Cap — 2% (200,000,000 tokens) - Voted by DAO to be allocated elsewhere: Aviator DAO Proposal: Burn Redirect - Final Vote
$100,000,000 Market Cap — 1.5% (150,000,000 tokens)
The Future — To be decided by the community.

Ongoing burns will be scheduled and voted on by the community through our DAO. Since the burn schedule is funded by aviator-treasury.eth, the community has the power to reduce or cancel these burn amounts if it becomes preferable to keep the treasury balance higher.

Aviator Arcade™

Arcade Tokenomics

Aviator tokens spent on the arcade platform are allocated into pools on a per-game ID basis and token distribution occurs weekly.

Token Burning (1%): This portion is permanently removed from circulation through transferring to a non-recoverable address.
Community Treasury (4%): These tokens are stored in the community treasury until their use is voted on via DAO as outlined below.
Operations (20%): This allocation goes into Aviator's operational fund for use in keeping the platform operational.
Player Prizes (30%): These tokens are given as rewards to the top players in each game:
- For example, if a total of 5000 Aviator was spent on a game during the week, the rewards would be distributed as follows:
  - First Place: 15% of 5000 = 0.15 × 5000 = 750 AVI
  - Second Place: 10% of 5000 = 0.10 × 5000 = 500 AVI
  - Third Place: 5% of 5000 = 0.05 × 5000 = 250 AVI
Game Publisher (45%): The largest allocation goes to the creators for publishing their games on Aviator Arcade.

Developers who publish games on Aviator Arcade within 90 days of its launch will receive a permanent 5% bonus in passive income for hosting their games on the platform. This bonus, shared among Aviator Pioneer Developers, is an additional bonus to the existing 45% share and is deducted from the operations distribution on the developer’s specific game. Eligible developers will be issued a unique NFT to represent their bonus. For platform security, the Aviator Arcade admin may disable an individual NFT, thereby canceling their 5% bonus.

These bonuses are per account, meaning that developers can use a single account to deploy as many games as they like and still receive the bonus.

Advertisement Allocation

Aviator Arcade will host paid banner and sidebar advertisements as part of its revenue model. Upcoming utilities will allow certain users to bypass ads for an ad-free gaming experience. Advertising revenue will be used for project development and overhead.

Developer Portal

The Developer Portal is the interface through which game creators can upload their games to the platform. Using this portal, developers can publish, update, or change fee structures for their games at will. Aviator Arcade’s granular approach to development allows freedom for developers to operate their games as they see fit, with Aviator Arcade essentially acting as a distribution platform for developers. The Developer Portal initially offers:

Uploading a game to the arcade for only the gas fee to register it on the blockchain.
Amended versions of the game can be uploaded for only the gas fee to register it on the blockchain.
Developers can set the amount of AVI tokens required to play their game.
Visual analytics such as: played games, average playtime, high scores, and revenue are available for all versions of games published to the contract.

Player Portal

The Player Portal is the interface through which players can interact with the platform. The player portal initially offers:

Players can browse games and choose what to play.
Connect with their preferred wallet to the arcade contract.
Interact with friends and view their recently played games.
High Score recording, which includes all rewards.

Aviator SkyBridge™

SkyBridge™ serves as a complete bridging and launchpad solution, facilitating effortless transfers of assets between the Ethereum Layer-1 network and the Base Layer-2 network. Unlike traditional EVM bridges with limited token support and slow transfers, users can seamlessly transfer any standard ERC-20 and ERC-721 token between Ethereum Mainnet and Base. Via the SkyBridge Runway launchpad, projects or token holders will be able to easily deploy existing Layer-1 token contracts on Base Layer-2 without the need to use an SDK or manual deployment.

SkyBridge™ supports near-instant deposits to BASE for all tokens already deployed on BASE. For withdraws back to Ethereum, select tokens are supported for near-instant transfers depending upon available liquidity. These types of transfers are called ‘Supersonic’ transfers and are enabled by default if available. SkyBridge still supports the traditional 7-day Optimism withdrawal protocol for all assets that aren’t enabled for Supersonic transfers.

Smart contracts for SkyBridge have been audited by Hacken and will undergo regular audits for major updates.

SkyBridge Audit: https://hacken.io/audits/aviator---skybridge/

Token Support

Compared to traditional EVM bridges, which only support a limited number of tokens, Aviator SkyBridge is designed to support all ERC-20 and ERC-721 tokens out of the box.

While traditional Optimism-based bridges, including the official Optimism bridge, require a 7-day delay when withdrawing tokens from L2 to L1, Aviator SkyBridge supports near-instant transfers for select tokens, based on available liquidity. These types of transfers are called Supersonic transfers and are enabled by default if available. SkyBridge still supports the traditional 7-day Optimism withdrawal protocol when Legacy Mode is enabled.

Bridging from Ethereum Mainnet to a SkyBridge-supported L2 is always fast.

Assets that are not Supersonic-supported are still supported by SkyBridge’s Legacy Mode.

Supersonic Support

At launch, the following assets will be available for Supersonic Layer-2 withdrawals:

All ERC-721 tokens.
Tokens with adequate bridge liquidity, which is collected through liquidity fees and/or provided by project developers.
Naturally, Aviator (AVI) token itself will support Supersonic.

SkyBridge Runway

SkyBridge Runway is a launchpad for projects or token holders to seamlessly deploy existing Layer-1 token contracts on Base Layer-2 without the need to use an SDK or deploy manually. Holders of any arbitrary ERC-20 token can deploy the token contract for a small fee which is collected on the destination network to reduce overall gas fees. After deployment, the token is available for public bridging on SkyBridge.

Seamless prompt if L2 address doesn’t exist.

Fee Structure

ERC-20:

0.3% of deposits are harvested as the liquidity fee. These are added to the LiquidityPool on Layer-1. (Ex: $1000 USDC = $3 USDC liquidity fee.) There is no liquidity fee on withdrawals.
0.001 Ethereum is the protocol fee. To bypass the need for an oracle, we opted to make this a flat fee regardless of the value of the tokens transferred or the direction of transfer.
The native protocol token, Aviator (AVI), is excluded from the 0.3% liquidity fee. AVI is not excluded from the base 0.001 ETH bridging fee.
Native ETH transfers use the above fee structure.

ERC721:

0.002 Ethereum is the protocol fee. It is neither possible nor is there a need to provide liquidity for ERC721 tokens because they are unique by nature.

SkyBridge Runway:

The fee to deploy using tokens to Base Network using the SkyBridge Runway is 0.005 Ethereum. This is baked into the gas fee upon deployment of your token to the Base Network.

Liquidity fees are held in the LiquidtyPool Layer-1 smart contract. Protocol fees are deposited into aseparate admin account.

Aviator DAO Constitution

What is a DAO?

A DAO, or Decentralized Autonomous Organization, is a management structure that uses blockchain technology to automate certain aspects of voting and transaction processing.

The Aviator project aims to embrace the powers of decentralization by fully utilizing the DAO to approve ALL outgoing uses of funds from the Treasury, thereby making the Treasury wholly owned by the community. Following community approval, any outgoing transaction must also receive approval from 3 out of 5 multi-signers, providing additional oversight and protection of project funds.

The Aviator DAO utilizes snapshot: https://snapshot.org/#/aviator-dao.eth/ for a transparent and accessible voting protocol.

To participate, simply visit the site, connect your wallet that holds AVI, and vote on the proposals available. Voting only requires a signature, which does not incur a gas fee. In order to be eligible for voting, users must hold AVI tokens prior to proposal publication. Voting power is determined by the amount of tokens held at the time each proposal is created.

Standard Procedures

Project proposals will be presented on social media for discussion, and discussions will be hosted on the Aviator community Discord server. Users of other platforms are encouraged to host their own discussions.

Major proposals voting shall last 7 calendar days.
Minor proposals voting shall last 3 calendar days.
Proposals may be repealed with a two-thirds supermajority vote.
Amending this constitution shall require a three-quarters supermajority vote.

The multisig has an emergency veto capacity in the event a proposal would be deemed harmful to the project. A veto requires unanimous approval from all five multisig signers.

Funds in other project-operated accounts such as Marketing or Bridge addresses do not require DAO approval for transactions.

There shall be no minimum quorum required for proposals to finalize.

Proposal Creation

There are currently no direct proposal publications by AVI holders.

Community proposals can be submitted at any time to dao@aviator.ac. Selected proposals shall be presented to the community for discussion before the decision is made to publish it for DAO voting. All proposals that make it to a DAO vote shall receive $50 in AVI from the marketing account as an award.

Project Addresses

For enhanced security, all official project addresses are protected by multisig safes powered by Gnosis. All signers are KYC-compliant and verified by SolidProof.

Team KYC:

https://github.com/solidproof/projects/blob/main/2023/Aviator/KYC_Certificate_Aviator.png

Aviator Treasury

Aviator’s treasury account is protected by a 3-of-5 Gnosis Safe multisig contract. Holders can vote on proposals to authorize the use of treasury funds for various purposes to grow and develop the Aviator project ecosystem. The treasury account is owned by the community and is governed by the Aviator DAO. While the multisig signers have control over the funds, the power to disburse those funds is vested in the community.

To ensure both collective power and trust, Aviator follows two simple rules that govern the core of the DAO process.

No funds will ever be spent from the Treasury without approval from the DAO.
No transactions will ever take place without a public notification before being executed.

In the event of a DAO proposal that is deemed harmful to the project, the multisig signers have the capacity to veto proposals to protect Aviator and the community. This veto power requires unanimous approval from all five signers.

Marketing Wallet

Aviator operates a marketing wallet that is granted tokens from the treasury on a quarterly basis as approved by the DAO. Approved funds can be used by the marketing team as deemed appropriate, with an emphasis on frugality. Approved token amounts constitute a maximum quarterly budget, and all unused funds are returned to the treasury for re-approval at the end of each quarter.

This address is protected by a 2-of-3 Gnosis Safe multisig contract. Funds residing in this address do not require DAO approval for use.

Operations Wallet

The Aviator operations wallet holds funds generated from Aviator Arcade, Aviator SkyBridge, and any other project profits, which are used to cover project operations, development, and related expenses.

This address is protected by a 3-of-5 Gnosis Safe multisig contract. Funds residing in this address do not require DAO approval for use.

SkyBridge Admin

The SkyBridge admin account controls executive functions of Aviator SkyBridge. The admin account can perform the following functions:

Change which tokens are allowed to be fast-bridged
Adjust token fees
Pause the bridge
Set the address for the bridge on the other chain
Transfer funds held in SkyBridge

This address is protected by a 5-of-7 Gnosis Safe multisig contract.

Roadmap

SkyBridge V1

Aviator’s custom bridge from the Ethereum Network to Coinbase’s Layer-2 network, Base. Built on the Optimism stack, this bridge is designed to be efficient and cheap while supporting a wide variety of crypto assets. By supporting all standard ERC-20 and ERC-721 tokens, SkyBridge is able to unify liquidity across supported chains and present arbitrage opportunities for traders, market makers, custodians, and other enterprise and non-commercial functions.

A public testnet will be available before final release.

SkyBridge V1.x and Beyond

As we continue to develop Aviator SkyBridge, we want to continually add features that enhance the experience and make SkyBridge the best cross-chain EVM bridge in the world.

In a future SkyBridge upgrade, users will be able to earn points by completing rotating objectives by using the bridge during a specified time period. Rewards are based on your total number of points in a given epoch combined with a multiplier based on your AVI holdings at the beginning of the period. The more AVI you hold, the higher your reward multiplier can get.

Rewards will be distributed in ETH, which comes from bridge protocol fees. Details including reward calculation, distribution methods, points objectives, etc., will be discussed in a future publication. Additional unannounced rewards and liquidity provisions are planned for SkyBridge V2.

Additionally, future updates to SkyBrdige will add support for a large number of additional EVM chains, including but not limited to:

Arbitrum
Optimism
Polygon
BNB Chain
Zora
Scroll
Linea
Blast
Celo
OpBNB

Volume Competition

After the release of SkyBridge, we will be holding a volume competition that will include any tokens other than Ethereum and Aviator. Any token that deploys using SkyBridge and has the highest bridging volume will win a custom-built arcade game for their community! We will have one of our in-house game developers work with your community to build a custom thematic game to launch on Aviator Arcade!

Rules of Entry:

The token must have originated on Ethereum Mainnet.
Token must use SkyBridge to deploy their token to Base.
Volume only counts going from L1 to L2, not back from L2 to L1.

Winners Receive:

A custom-built game to launch on the arcade. This includes:
Early Adopter Bonus if the game is launched within the first month of Aviator Arcade going live.
Assistance from one of our in-house game developers working with your community to build a thematic arcade-style game.

Aviator Arcade

Aviator Arcade™ is a gaming platform that allows any developer to publish their game on-chain without hosting fees, while offering competitive royalties, as well as rewards for players, in AVI.

Aviator Prize Wall

Aviator token is unique because it is both the token to play and the ticket to win. Traditional arcades have tickets to spend on prize walls, but Aviator Technologies is putting a new spin on tokenizing real-world assets utilizing Non-Fungible Tokens (NFTs) that can be redeemed for tangible or digital goods.

The Prize Wall will be made available to the top three scorers for every game on the platform. The wallet address that coincides with the account that achieved a high score will be whitelisted and allowed to redeem one item off the prize wall. This limit is to prevent larger holders from minting out the available prizes. The Prize Wall whitelist will reset weekly upon platform distribution.

Additionally, the Prize Wall is open to any project wanting to list their goods as prizes for our arcade winners. These NFTs will be mintable using Aviator, and their cost corresponds to their represented value.

For example, an exclusive NFT made mintable on Aviator's Prize Wall could be redeemed for a T-shirt, game console, or computer via the Aviator Prize Wall Redemption portal and shipped to you.

Conversely, if you gain access to the Prize Wall, all tokenized assets will be sellable across all NFT marketplaces. This means you could mint exclusive merchandise and list it for sale on the secondary markets without having to redeem the physical goods.

All NFTs on the Prize Wall will feature a “Not Yet Redeemed” and a “Redeemed” indicator to prevent any ill intent.

The Hangar

The Hangar will function as the Aviator Marketplace for both digital and physical goods. It will be home to the redemption portal for Aviator-hosted Prize Wall NFTs and partner project NFTs.

This marketplace will also focus on Web2, granting access to our unique project brand to those still wary of crypto. The goal is to create a seamless process through which both new and old technology interact and spread our project’s overall image to the masses. Possible functions of this marketplace include:

Creating project NFTs.
Facilitating the purchase and sale of NFTs.
NFT Project Creator Royalties.
Fiat Onramp.
PayPal wallet integration. (Both Web2 & Web3)
Creator Portal with dedicated analytics.

True to our mission of empowering developers, The Hangar will feature permanent creator royalties and incentives to utilize the marketplace.

Mile High Club

The Mile High Club is an exclusive club for the top players on the Aviator Arcade platform. Every week, the top five highest-volume games and their corresponding top players will be selected and airdropped a Mile High Club NFT. The opening utilities of these NFTs will be as follows:

10% off all games on Aviator Arcade. (This 10% will stack with any other existing discounts, however only 1 Mile High Club NFT discount will apply.)
Prize Wall whitelist without needing a high score for access. (Mile High Club members are still limited to only one mint per week.)
Discord Badging/Chat Access.
Access to unique information pertaining to the Mile High Club partnerships, including but not limited to sponsorships, early access, future utilities, etc.

Disclaimer: There will be no public pre-mint or whitelist for other projects. These NFTs can only ever be earned through achieving high scores on Aviator Arcade. These NFTs can be sold or transferred on third-party marketplaces after the initial airdrop, but can only be purchased from those who have earned them.

Hybrid Burn/Charity Initiative

Aviator Afterburner is our hybrid charity/burn portal that incorporates the minting of NFTs to bring value to community philanthropy. This mint will utilize the upper limit of mintable assets using Base Contracts, effectively giving these NFTs an unlimited supply. Recipient non-profit 501(c)(3) charities will be selected through the DAO.

To take a page from a classic story, we will be incentivizing both the burning and charitable contribution of Aviator Tokens using Golden Tickets.

The minting cost of 1 Aviator Chocolate Bar NFT will be 10 Aviator:

5 Aviator is burned.
5 Aviator is allocated toward charitable organizations as voted on via DAO to be distributed at fiscal year-end.

1 in every 10,000 NFTs will be a “Golden Ticket” that grants the owner 25% off the entire Aviator Arcade forever. Additionally, 20,000 plain Chocolate Bar NFTs will be redeemable for 1 “Golden Ticket” NFT.