Token Economy : $SD
Last updated
Last updated
Starry Dust ($SD), shiny and special dust made by processing doodoo jewels excreted by Livlies, is a Meta Livly utility token that can be obtained and used in various ways. It is also possible to export $SD to a wallet linked to Meta Livly to cash out and earn profit.
A total of 100 million $SD will be issued, and details on token allocation are as follows.
Play Rewards
85,000,000
85.0%
Staking Rewards
6,500,000
6.5%
Reserves
5,000,000
5.0%
Marketing
2,500,000
2.5%
DEX / Liquidity
1,000,000
1.0%
Total Amount
100,000,000
100%
Play Rewards, which account for 85% of $SD, are given to Meta Livly players. Users can earn $SD through three activities within the app:
Gacha Mining Rewards: Use the mining right NFTs to do mining activities. The amount of currency spent on a theme is allocated and distributed according to the level of each NFT.
Item Staking – Ranking Rewards: Submit coordination with rare items to the D.D.O. and earn rewards by ranking at the top.
Special Events: participate in special events to get $SD as a reward. They won't be available all the time so pay close attention to what's happening in Meta Livly!
※ The Gacha WEB 3.0 reward will be distributed to players after incinerating 10% of $SD used in Gacha for inflation control. (The pre-incineration percentage may change depending on the $SD circulation status.)
$SD can be spent in various ways within the Meta Livly app.
Play Gacha: To spin Gacha in the Mahara Shop. 20SD is consumed per Gacha. (10 continuous Gacha spin: 200SD)
Buy Power Potion: To buy a Power Potion that can recharge Hom Power required for watering trees/harvesting fruits. (1 Power Potion: 1SD)
NFT Minting: 5SD is consumed when exporting an NFT outfit item to the player’s wallet.
Purchasing Livly Cages: 50SD is required to purchase an additional empty cage.
The $SD used to spin Gacha within the Meta Livly app will be returned to the players in accordance with Gacha WEB 3.0, and $SD used for purchasing Power Potions, NFT minting, etc. It will be incinerated for inflation control.
Initially, to expand the circulation of $SD, $SD can also be acquired as a reward through DeFi aside from gameplay reward. The liquidity provider providing liquidity to the $MOOI - $SD pair can receive $SD as a DEX swap fee and yield farming rewards. DeFi reward amount of $SD is set to be the amount needed for initial circulation, thus only 6.5% of the total allocation is set so that it doesn't undermine the purpose of the $SD token as a utility token.
