10. Tokenomics of $gold8
Last updated
Last updated
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
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
