Tokenomics
Last updated
Last updated
SWT stands for the Game Utility token. Its main function is to serve as a medium of exchange between players and game resources in the game. The total supply of SWT tokens is 10 billion, and the unlock rate of the nominal currency supply is roughly equivalent to the in-game economy to ensure market equilibrium. Based on the validation of currency supply and income models in similar games' market data, the initial issuance plan is as follows:
Total Supply
10,000,000,000
Category
Allocation
Vesting
Airdrop
1%
Unlocked
Public Sale
5%
25% unlocked at TGE, 3 months cliff with linear unlock over 3 months
Team
15%
1 year cliff, followed by a monthly release over 5 years
Treasury
20%
10% unlocked at TGE, followed by a monthly release over 5 years
Staking Rewards
25%
10% unlocked at TGE, followed by a monthly release over 5 years
Community Rewards
34%
10% unlocked at TGE, followed by a monthly release over 5 years
Official Contract Address: 0x1c356b463ce3E46CF494F5fdD2172bDffe5C688D https://polygonscan.com/token/0x1c356b463ce3E46CF494F5fdD2172bDffe5C688D
The issuance and burn mechanics of SWT tokens
Initial Supply: after the initial issuance, the circulation of SWT tokens is expanded through a multiplier to match the nominal money supply with the total demand.
Burn: to remove excess funds from the economy, consideration will be given to destroying SWT tokens from the treasury pool to restore balance. Subsequent issuance and burn mechanics plans will be determined by the DAO proposal. At the same time, we will increase gameplay in the subsequent game development plan based on inflation to achieve a dynamic balance of the in-game currency.