Shuttlecoin

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**Shuttlecoin**, also known as **SC**, is the official currency of Shuttlecraft. Currently the only currency in circulation, it originally replaced the now defunct ducat and short-lived Shuttle Silver. It follows the diamond standard and the value is directly linked to the diamond ore block.

The currency can be traded for at the Bank of Shuttlecraft, with the exchange rate currently standing at 2SC for 1 diamond ore. This has been varied throughout the server's history by the ShuttleBank Corporation. There is a new branch of ShuttleBank opened in Edale that is trading 5 diamond ore for 8 Shuttlecoin.

Shops set up on the server will automatically trade in Shuttlecoin, unless changed manually by the user. It is also the only currency that can be traded in the Trinsic Commercial District.

## History

### Initial Introduction

Prior to the Shuttlecoin, the server was operating on a solely diamond-based economy. The addition of Artmap to the server opened up a world of possibilities when it came to custom maps, including the potential of having a unique, 64-stackable currency that only one person could mint. With an existing demand for a denomination of diamonds for cheaper items, this led to the initial creation of the Shuttlecoin and the opening of the Bank of Shuttlecraft and the Trinsic Commercial District. Initially the Shuttlecoin was valued at 1 diamond for 2 Shuttlecoin.

The rapid popularisation of the Shuttlecoin thanks to the backing of ShuttleBank and the ability of players to set up their own shops in Trinsic quickly led to a shortage in the currency, which requires a significant amount of resources to print. The fact that diamonds were now incredibly common due to McMMO buffs and Fortune III pickaxes also began to heavily inflate the economy, leading to the inevitable January Crisis.

### The January Crisis

MORTHRIN highlighted that the server's economy was becoming heavily inflated, with many products being massively undervalued. While there was a lot of contention on this topic, it was agreed that a more reliable economic system had to be implemented.

In an act that came out of nowhere, ShuttleBank ceased all trading of Shuttlecoin on 25 January and replaced it with Shuttle Silver, which was worth 8 diamond ore or 1 emerald ore per coin. These prices were so high that the economy came to a grinding halt, forcing ShuttleBank to quickly withdraw the Shuttle Silver and reimplement the Shuttlecoin.

However, the bank had realised that it could not go back to trading with pure diamonds, and switched to a diamond-ore based trading system. Diamond ore does not have any double drops and is generally more sparse than diamond itself, therefore more player effort is required to attain Shuttlecoin. So far this has boosted the value of the Shuttlecoin, while keeping it accessible to the majority of users. The Bank of Shuttlecraft has managed to keep up with the Shuttlecoin demand as of recent, with the bank reporting its highest profits in weeks.

## Use in the Economy

### Trading for Diamond Ore

Shuttlecoin can be purchased at any branch of ShuttleBank throughout Shuttlecraft, thanks to the bank's advanced endermatrix technology. Users who right click on the enderchest's sign, while holding the required amount of diamond ore, will immediately have the Shuttlecoin transferred to their inventories.

### Interacting with the Player Economy

The most common way Shuttlecoin is utilised is at one of the many businesses operating from the Trinsic Commercial District, such as Dean's Discounts. Upon finding a decent bargain, the player would right-click on the appropriate sign while having the Shuttlecoin in their inventory. Once again, the transaction is instant and their purchased goods will arrive into their inventory.

Shuttlecoin can also be sold back to ShuttleBank at the Bank of Shuttlecraft in return for diamonds.

Shuttlecoin can be used for gambling at The Desert Jewel Hotel & Casino in Edale, where players have the chance to multiply their savings, or lose them all in one go. It can also be converted into Plushie Pennies in order to buy Plushies in NewTown.

Shuttlecoin in the handShuttleBank Edale Branch