Golden Uruks Tokenomics
Welcome to the Golden Uruks economy, the foundation of our Uruk Bartas game ecosystem. Here’s a transparent breakdown of our tokenomics, designed to ensure fairness, growth, and sustainability.
Why an Infinite Supply?
Golden Uruks tokens are earned through gameplay. To support a growing community, we’ve adopted an infinite supply model:
Rewards for All Players: Ensures tokens are always available as the game grows.
Burn Mechanisms: Helps balance supply and demand by enabling token burning during character reinvestments.
This creates a dynamic economy where game activity drives token minting, ensuring fairness and sustainability.
Initial Supply & Distribution
Tokens for in-game rewards will not be pre-minted but dynamically issued as players earn them.
Token Allocation Breakdown
In-Game Rewards & Ecosystem (~70%)
Dynamic Minting: Tokens are issued as players earn them.
Ensures fairness and aligns with the infinite supply model.
Team Vesting (20%)
1,000,000 tokens pre-minted for the team and subject to a vesting schedule:
Vesting Duration: 24 months (2 years).
Monthly Releases: Equal portions of tokens are released monthly.
6-Month Cliff: No tokens will be released in the first 6 months.
This ensures the team remains aligned with the project’s long-term success.
Community Treasury & Marketing (10%)
500,000 tokens pre-minted and vested similarly over 24 months:
Supports marketing, partnerships, and liquidity.
Strengthens community engagement while maintaining stability.
Team & Marketing Vesting Details
Vesting Mechanism
The vesting process ensures that tokens are released incrementally, preventing a sudden influx of liquidity that could destabilize the token's value. The mechanism is as follows:
Duration: 2 years (24 months).
Monthly Release Amounts: Tokens are released in equal portions every month after the initial 6-month cliff.
Cliff Period: During the first 6 months, no tokens will be released to incentivize the team's commitment to long-term goals.
How It Works
Token Locking: All team and marketing tokens are locked in a smart contract upon allocation.
Gradual Release: At the start of each month, tokens are unlocked in increments, ensuring steady distribution over the vesting period.
Final Month Adjustment: In the last month, any remaining tokens are released to ensure the full allocation is distributed.
Smart Contract Implementation
The vesting process is managed via the VestingGoldenUruks contract:
Fair Distribution: Automatically calculates vested tokens each month.
Transparency: Allows players to view vesting schedules and token releases.
You can explore the contract for details on how vesting works:
Monthly Release:
totalAmount / 24tokens are released monthly.Releasable Check: Players can verify token availability using
releasableAmount().
Initial Liquidity & Price
We’re launching with:
Initial Liquidity: $1,000.
Pre-minted Tokens for Liquidity: 100,000 tokens.
Starting Price: $0.01 per token.
This ensures a fair entry point for players and market stability as the ecosystem grows.
Burn Mechanisms to Control Inflation
Golden Uruks tokens can be burned through specific actions in the game, such as:
Character Reinvestments: Upgrading or improving characters reduces circulating supply.
Exclusive Events: Players can burn tokens to unlock rare in-game content.
This helps balance the infinite supply model, maintaining token value over time.
Why This Matters
Our tokenomics are built to:
Reward players equitably.
Promote economic stability.
Foster long-term growth for both the token and the game.
Start your adventure today!
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