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 Referral Plan
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  • 7.1 $gold8
  • Staking
  • Fuel
  • Others
  • 7.2 $grain
  • Single-sided $gold8 staking for $grain.
  • 7.3 Future of the GGoose Tokens

7. Tokens

Previous6. Functions of each NFTsNext8. GGoose Gameplay

Last updated 2 years ago

There are two tokens to be launched with the GGoose gameplay; the $gold8 token and $grain token;

7.1 $gold8

After the launch of GGoose NFT, the next natural step would be to release a utility token; $gold8 token on the Binance Smart Chain.

ALL GGoose lay $gold8. Let's look at some of the unique powers and functions of $gold8;

Staking

You can stake $gold8 for $grain.

Stake and earn other 3rd party tokens from LP pools.

Significant amounts of $gold8 will be Locked or Burned by the methods mentioned above. This guarantees the constant inflation of $gold8 and its scarcity. Runaway inflation is a recurring issue as it is with numerous play-to-earn gaming & DeFi tokens. We aim to always make sure players are provided fair incentives for using or participating in our ecosystem.

Fuel

Acts as fuel for the GGoose P2E Flappy Goose game. (Coming soon)

Fuel for partnering platforms such as automated crypto-trading.

Fuel for the LP farming.

Others

GNS — GGoose Naming Service.

Governance of the $gold8-DAO (Coming soon)

Used for in-game transactions in GGoose tradings.

More NFTs minting in the future.

7.2 $grain

Along with the release of $gold8, the $grain contract will go LIVE as well.

Use your $gold8 to farm for $grain and feed the $grain to your GGoose in order to make it bigger. The faster you are in the race of making your GGoose bigger, the more $gold8 your GGoose will be able to lay, and of course, you increase the worth of your GGoose NFT.

In full flight, $gold8 will be locked in pairs on PancakeSwap, and received LP tokens can be staked at the LP farm for a high yield in $grain (and other 3rd party tokens!). As this LP farm requires auditing and time to work on, we have yet been able to project an exact timeline for its go-live, so we have engineered an interim solution:

Single-sided $gold8 staking for $grain.

We believe this is the best way to launch the GGoose ecosystem and Tri-Token Architecture, ensuring an appropriate benchmark is fulfilled for the initial use of $grain. It also gives our early adopters the opportunity to start using GGoose.

7.3 Future of the GGoose Tokens

From the month of September 2022 onwards, all GGoose farmers will be able to:

Stake GGoose to lay $gold8.

Stake $gold8 to farm for $grain.

Feed $grain, and level up your GGoose.

Rinse and repeat (the process of controlling the cryptocurrency through rapid and heavy volume selling).

Join the race to be the FIRST farmer with a GGoose of the highest KG.