A basket is a predefined collection of specific NFTs filled collaboratively by participants. The composition is determined by the following three criteria.
- Item Pool Inclusion (Fundamental Rule): Only items registered in the Item Pool are eligible candidates. Items that are not governed by the Fission and Fusion mechanisms cannot be included in a basket.
- Quantity Requirement (Based on Max Supply): The number of items required for each type is calculated as a fixed percentage of its maximum supply.
Example: If the requirement is 1% of Max Supply:
* Item A (Max Supply 1,000): Requires 10 units.
* Item B (Max Supply 2,000): Requires 20 units.
Circulation Threshold (Minimum Liquidity): An item type is eligible only if its current circulating supply is sufficient. Specifically, the circulating supply must be at least 50 times the quantity required by the basket.
* Example: If a basket requires 10 units of Item A, there must be at least 500 units of Item A circulating in the market for it to be eligible.
The basket composition is finalized at the start of the round and remains fixed throughout the active phase. Any updates to eligibility or quantity requirements are calculated during the cooldown period and applied to the subsequent round.