Ownership and transfersLink to this section
TL;DRLink to this section
- A Squeek's level, power, cooldown and unclaimed rewards move with it.
- Only the current owner can claim or merge.
What goes to the new owner?Link to this section
Everything recorded on the Squeek: its level, power, any scheduled power change, cooldown, and unclaimed rewards, including rewards earned before the sale. Claim first if you want to keep them. SQK already claimed stays in the seller's wallet.
What does an approval allow?Link to this section
| Action | Who can do it |
|---|---|
| Transfer | The owner or an approved operator |
| Claim | The current owner |
| Merge | The current owner of both Squeeks |
An approved marketplace can transfer a Squeek, and the new owner then controls its rewards. If a smart contract owns the Squeek, that contract makes the claim or merge call.
Before you buy or sell a SqueekLink to this section
Check its unclaimed rewards, scheduled power and cooldown just before the trade: the seller can still claim until the transfer executes. Transfers are standard ERC-721 transactions and work even while minting is paused.
Related pagesLink to this section
Applies SqueekCore or SqueekMining upgrades authorized by its governing Timelock.
Generates Squeek images and metadata from fixed onchain visual data.
Records physical work and earned block units on Ethereum, with difficulty adapting after active rounds.
Calculates rewards from settled work, holds funded SQK, and pays eligible NFT owners.
The Squeeks ERC-721 contract. Tracks NFT ownership and coordinates minting and merges with SqueekMining.
The SQK ERC-20 contract. Enforces the lifetime supply cap; only SqueekMining can mint SQK.
Queues governance operations and enforces a delay before they can be executed.
Checks that visual data conforms to the required DotGrid format.
When new power starts earning. Minting and merging schedule it for the next round, and a checkpoint applies it.
A reward update that processes settled Squeek blocks, issues their SQK, and applies scheduled power changes.
The Squeek permanently burned in a merge. Its unclaimed rewards move to the survivor, but its image is not combined or kept.
SQK issued as settled Squeek blocks are processed: 5,600 SQK for each completed block, up to the lifetime cap.
Squeekchain's record of accepted wheel-magnet passages.
Combining two eligible same-level Squeeks you own into one higher-level Squeek. One NFT is burned; the survivor keeps both Squeeks' unclaimed rewards.
The completed Squeek blocks a Squeek waits through before it can merge again. It follows the Squeek through transfers.
What a Squeek earns with. Its level sets its maximum power; each Squeek block's SQK is divided across all active power in proportion.
A ten-minute period used to group measured work. The device saves a completed round's work total when measurement remained uninterrupted.
The token each completed Squeek block issues, shared by active power. It has a lifetime supply cap.
An NFT that owns a share of the Squeekchain network. It receives SQK from the hamster's work according to its active power, set by its level and the SQK staked to it.
One billion block units earned from settled work at each round's difficulty. Completed blocks supply SQK under the mining reward rules.
Squeekchain's ecosystem for hamster-powered onchain finance, built on the public work record.
The Squeek you keep in a merge. It gains a level, keeps its ID and image, and receives both Squeeks' unclaimed rewards.
A Squeek's recorded reward balance that hasn't been paid to a wallet. It stays with the Squeek when ownership changes.
The hamster mining device. It records accepted wheel-magnet passages as work.
One wheel-magnet passage that met the device's counting rules.