# 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)

| <mark style="color:blue;">Group</mark> | <mark style="color:blue;">Percent</mark> | <mark style="color:blue;">Tokens</mark> |
| -------------------------------------- | ---------------------------------------- | --------------------------------------- |
| 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.\
  \
  \&#xNAN;*(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.
