🪙Tokenomics
Token Supply: 1,000,000
Allocation
LP: 10% (100,000 tokens)
Presale: 15% (150,000 tokens)
Development: 10% (100,000 tokens)
Team/Contributors: 10% (100,000 tokens) Vested for 6 months
Game Emissions: 45% (450,000 tokens) Includes 1% for beta testers
LP Farm Incentives: 10% (100,000 tokens)
Group
Percent
Tokens
LP
10%
100000
Presale
15%
150000
Development
10%
100000
Team/Contributors
10%
100000
Game Emissions*
45%
450000
LP Farm Incentives
10%
100000
Total
100%
1000000
* 1% of game of supply from game emissions towards beta testers
Competitive Play
Entry cost: 0.01% of supply (1% of supply - 100 tokens).
90% of rewards go to the leaderboard (in addition to emissions).
10% Burned.
For example, If competitive play uses 10% of supply on a week, 10% of entry pool will be burnt. (250 players * 4 games per week per player) = 1000 games in said week 100,000 $ELY used for competitive play on that week = 10,000 $ELY Burnt Resulting in a 1% deflation with burn.
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