GGoose Farm Whitepaper
  • 1. Introduction
  • 2. Purpose – Play, Learn and Earn
  • 3. Concept
  • 4. How does it work?
  • 5. NFT Characters in GGoose
  • 6. Functions of each NFTs
  • 7. Tokens
  • 8. GGoose Gameplay
  • 9. Overview of the gameplay
  • 10. Tokenomics of $gold8
  • 11. GGoose Gameplay Mechanics
  • 12. $gold8 - Liquidity Pool Farming Plan
  • 13. GGoose Roadmap
  • 14. GGoose Socials
  • 15. Public Media Mentions
  • 16. Diamond Mine
  • 17. Diamond Mine 2.0
  • 18. Diamond Mine Referral Plan
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10. Tokenomics of $gold8

Previous9. Overview of the gameplayNext11. GGoose Gameplay Mechanics

Last updated 2 years ago

Tokenomics is a term that reflects the economics behind a token. It describes factors such as the impact of a token's use and value, including but not limited to the token's creation and distribution, supply and demand, incentive mechanisms, and the token’s burn schedules. Here are the details for $gold8;

Initial daily cap: 10k $gold8 per day.

● GGoose starting-lay: min.0.25 $gold8, per staked ggoose, per day.

● Farming: 3 $grain for every 1 $gold8 staked (single-sided) per day.

● Swaps: 12 $grain for every 1 $gold8 burned.

● Pre-sale: none

● Capped Total Supply: none

10.1 Controlling the inflation

Inflation will be controlled by steadily increasing the amount of $gold8 burned over time. Some of these burning methods to be instilled from GGoose are:

● Breakage fees (unstaking fees)

● Swapping for $grain

● GNS: GGoose naming service.

● Minting of future NFT series.

● Upgrading future NFT series.

● GGoose p2e games (Flappy Goose, etc)

● Breeding

● 3rd party NFT minting

● 3rd party NFT upgrading

● 3rd party p2e games

● 3rd party platforms utilitizations