$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 soonโ€ฆ

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 developsโ€ฆ

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 futureโ€ฆ

$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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