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Crypto UnicornsCrypto Unicornsby0xa2C41Baf9522166F63C27465554D5ad962E1b1910xa2C4…b191

Deflationary In-game Token Burn

Voting ended over 1 year agoSucceeded

Abstract In addition to (and separate from) the recently proposed Buyback & Burn system, the author proposes embedding further deflationary mechanisms into Crypto Unicorns’ tokenomics. In conversations with the LG team, there is a mutual desire to explore building a burn mechanism based on player-driven, in-game spending activities. The authors proposes that when $CU is used in-game it is burned from supply on a weekly basis.

Motivation Deflationary tokenomics are straightforward to understand and can attract more participants to our ecosystem. To date, over 64.8M $RBW (6.48M $CU) has been utilized by players in the game. Linking token deflation to in-game usage naturally reduces the total supply of $CU, aligning with increased activity across our growing ecosystem.

Off-Chain Vote

Yes
33.78M sCU100%
No
0 sCU0%
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Discussion

Crypto UnicornsDeflationary In-game Token Burn

Timeline

Jun 03, 2024Proposal created
Jun 03, 2024Proposal vote started
Jun 08, 2024Proposal vote ended
Jun 08, 2024Proposal updated