🪙Tokenomics
Last updated
Last updated
Vimverse adopts a multi-token system, with VIM serving as the primary governance token and medium of exchange. Each X-to-earn protocol has its own token to facilitate gaming functionalities.
As the native token in Vimverse, VIM functions as a governance token and medium of exchange, enabling various exciting X-to-earn experiences in the Vimverse ecosystem. VIM will be constantly consumed to acquire and upgrade gaming assets , complete quests, participate in PVP/PVE battles, etc. Together with the treasury mechanism that controls VIM's supply, VIM is expected to become a true store of value within Vimverse.
There is no maximum supply for VIM, and it will grow with the growth of the treasury. Every time someone purchases a bond, mints, or trades NFTs, the proceeds go to the Vimverse treasury. A corresponding amount of VIM is minted and distributed to three parties:
Bonder: The bond purchaser receives the quoted amount of VIM linearly over the vesting term.
DAO: The DAO receives the same amount of VIM as the bonder. This represents the DAO profit. Out of this, 10% goes to the team, initial investors, and advisors.
Stakers: After accounting for the VIM distributed to the bonder and the DAO, the remainder is distributed among all stakers in the VIM staking pool.