$CHEDDAR
Last updated
Last updated
$CHEDDAR is a game currency token that’s given out as a reward for different social activities in the game. The only way $CHEDDAR can be created is through social gameplay. Each $CHEDDAR earned is the result of social activity and skill.
Players can trade $CHEDDAR on the open market at whatever price the buy-side deems appropriate. Unlike typical inflationary currencies in Play & Earn games, $CHEDDAR will not be rewarded for anti-social behaviors.
$CHEDDAR is an inflationary currency with an infinite supply. Generally, the game DAO will try to adjust the monetary mass of $CHEDDAR to proportionally scale with the size of the in-game economy and user base. Outside of any pre-sale activities, the Game DAO will not sell $CHEDDAR directly to players and will not accumulate $CHEDDAR inside of its Treasury.
Small portions of all emitted $CHEDDAR will be set aside for public token sales and liquidity pools and listings. The allocation would be approximately the following:
94% - Rewards & Emissions
4% - Listings & Liquidity Pools
2% - Public Token Sales & Pre-Sales
Note: Distribution is subject to change based on community feedback and economic modeling
