$GRVE is the core governance and utility token for the Croskull Metaverse ecosystem, enabling users to mint combat pets, customize NFTs, purchase in-game items, and participate in staking and DAO governance. With a total supply of 45,990,000, the token is allocated for various functions including staking, yields, and marketing. The governance model aims to shift from a centralized to a decentralized framework, with ten 100-day seasons of distribution and token burning to manage circulation and value. This progressive decentralization ensures a robust community-driven project.
$GRVE is the core governance and utility token for the Croskull Metaverse ecosystem, enabling users to mint combat pets, customize NFTs, purchase in-game items, and participate in staking and DAO governance. With a total supply of 45,990,000, the token is allocated for various functions including staking, yields, and marketing. The governance model aims to shift from a centralized to a decentralized framework, with ten 100-day seasons of distribution and token burning to manage circulation and value. This progressive decentralization ensures a robust community-driven project.
$GRVE is a CRC-20 governance and utility token used within the Croskull Metaverse ecosystem. It facilitates numerous actions, including purchasing seasonal eggs to mint combat pets, writing personal NFT stories, acquiring in-game consumables, and participating in the DAO governance. Additionally, users can stake $GRVE for yield farming, aligning it with its primary utility as a game governance currency.
$GRVE functions as the governance token within the Croskull Metaverse DAO, allowing holders to participate in proposal voting and decision-making processes. Initially, governance will be centralized, but it will transition to a decentralized approach as the project's community grows, with $GRVE holders gaining significant influence over the ecosystem's directions.
The $GRVE token supplies a total of 45,990,000 tokens, distributed across various categories: 50% for staking, 25% for bank farming, and the remaining allocation distributed among the team, marketing, events, and liquidity pool. The tokenomics are designed to gradually release tokens based on a seasonal system, burn unredeemed tokens, and eventually establish $GRVE as the governance token.
$GRVE holders gain multiple benefits, including the ability to mint combat pets, write NFT stories, purchase in-game assets, and stake tokens for yield. Additionally, once governance transitions to a DAO model, holders will have voting rights on proposals, influencing the ecosystem's development and strategic decisions.
The $GRVE token employs a burning mechanism where unredeemed tokens at the end of each 100-day season and tokens used for in-game purchases are permanently removed from circulation. This strategy reduces the total supply, potentially increasing the token's value for hodlers by limiting availability and creating scarcity.
Common issues may include understanding the staking process, navigating the DAO voting system, or optimizing yield farming strategies. To address these, users can access the Croskull community forums, tutorials, and support channels for guidance. Moreover, staying informed about seasonal updates and DAO proposals can enhance user experience and participation.
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