The Chronicle of Sherwood

Sherwood is a great wheel of 30 hideoutscircling the forest road, from Major Oak to Sheriff's Folly. Every three minutes, the Sheriff's carriage rides the road and halts at exactly one of them. Nobody — not you, not us, not the Sheriff himself — knows which until the wheels stop.

While a round is open, stake ETH on any hideout to set an ambush there. Stake more, on more hideouts, as you please. A toll of 1%goes to the forest — most of it feeds the Bounty Vaults you'll meet in Chapter V.

Timing matters: an ambush set early carries its full weight; one set at the final bell carries almost none. Weight decides your share of the spoils — latecomers get scraps. There is no hiding in the trees at the last second.

And every round you ride earns feathers. Ride consecutive rounds and your streak multiplies them — up to 30 a round. Miss one and the streak snaps. Feathers buy your way into the King's Ransom.

When the round closes, fate is sealed on-chain and the winning hideout is drawn. Everyone camped there takes their own stake back, plus the entire ETH of the other 29 squares, divided by weight. Everyone else fed the pot.

If the carriage crosses an emptyhideout, nobody wins — the loot stays in the forest and rolls into the next round's pot, growing until someone claims it.

Each round with winners mints up to 20 $LOOT, split among the winning ambushers by weight — but the mint follows the stakes: a shallow round mints a sliver, a deep one approaches the full twenty. Only 5,000,000 will ever exist, and the game is the only mint.

But roughly one round in twenty-five goes outlaw. On an Outlaw Round, one winner — drawn by lot, weighted by ETH staked — rides off with two-thirdsof the round's LOOT alone. The rest is shared as usual. You'll only know it happened when it happens.

Deep in the woods sit four chests: the Traveler's Purse, the Merchant's Strongbox, the King's Treasure and the Crown Jewels. Every round feeds them — a fifth of the round's fresh LOOT emission plus a fifth of the forest's toll, in ETH.

Each chest rolls its own dice every round: 1-in-90 for the Purse, up to 1-in-1500 for the Jewels. A chest that doesn't burst keeps growing. When one finally springs open, its entire hoard — LOOT and ETH — is shared by that round's winners. The longer the drought, the heavier the rain.

Once per epoch, the outlaws pool a ransom. A ticket costs 1 LOOT + 0.002 ETH + 5 feathers— coin alone won't do; you must have ridden with us. And here is the twist: the LOOT is burned forever. Every ticket makes what remains rarer.

The ETH fills the ransom chest. Once every 24 hours, the public drand beacon draws tennames, weighted by tickets held, and splits the pot on a decaying curve — the first name takes the lion's share, the tenth still rides home with coin. No tickets sold? The ransom rolls to the next epoch and grows meaner.

At the Nottingham Fair — the only market in the wood — LOOT trades for ETH in the open. And each hour, the protocol itself walks the fair: it spends its collected toll buying LOOT, burns six-tenthsof the haul, carries a tenth to the Greenwood Camp, and locks the rest into the Fair's well as liquidity that never leaves.

The Greenwood Camp is where staked LOOT rests — no lockup, leave when you please. The camp shares that tenth of every buyback pro-rata, and claiming your share earns 10 feathers per LOOT. Play to mine it, stake it to grow it, burn it to win the ransom.

Sherwood runs itself. Sealing a round and calling the draw are open to anyone — and pay a keeper's tipfrom the toll for the trouble. If the site's bots nap, you can drive the carriage yourself.

Winnings are claimed, never pushed: check your satchel after each round. And a final word from the Merry Men: this is testnet — unaudited, played with dust, and built for the merry folk of the Robinhood Chain. Rob responsibly.