$GRASS Litepaper
Sustainable In-Game Economy Centred on GRASS Token
Incorporating staking for GRASS with its launch on the BASE chain, the in-game economy will focus on driving long-term engagement through staking rewards, deflationary mechanics, and valuable use cases across Rise of Sheertopia and Gen-S Battleground. Here's the revamped plan:
Core Tokenomics Overview
GRASS Token (In-Game Utility & Staking Token on BASE Chain):
What's coming for Holders:
Staking for Perks & Rewards: Holders can stake GRASS to earn token rewards (varying APYs), unlock in-game perks, and gain early access amongst other things.
Wagering in Gen-S Battleground
Esports & Tournament Prize Pools
Access to Premium Features
Deflationary Mechanism Implementations
Additional perks and use cases to be released soonโฆ
Staking Model for GRASS
Staking Tiers & Rewards:
To begin with there will be 3 tiers of staking available to $GRASS holders, which will be based on time. Increased time of staking, means increased rewards and perks.
More staking opportunities & rewards will be unlocked in the future.
In-Game Perks for Stakers:
Discounts on Purchases
Exclusive NFTs & Character Drops
Priority Access to Tournaments
Additional in-game perks will be coming as the game developsโฆ
Token Sinks (Mechanisms to Reduce GRASS Supply)
The team is working on multiple ways to create additional value for holding $GRASS as well as making the token deflationary. Here are some of the use cases coming in the future:
Entry Fees for Special Events
Wagering, Mini-Game Fees & Rewards
Dynamic Prize Pools for Esports
NFT Purchases & Upgrades
Crafting & Customization
Burn Mechanism
More ways coming in the futureโฆ
$AMBO Token is becoming the Governance token of Sheertopia and will always be active. Here are some of the current plans for $AMBO in the near to medium term.
Governance
Staking Rewards
Deflationary Mechanism
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