🪙Tokenomics
Within Petoshi, we have $PETOSHI and $Gift tokens. $PETOSHI is an on-chain token, valuable for key actions, while $Gift, an in-app token, simplifies most in-game activities. This design offers a straightforward and enhanced experience, with $Gift handling daily game functions efficiently.
$PETOSHI Token
Token Contract: 0x15bD262ede6E8aA04b2361a1Df697adF1Cf40e75
Role: Project token.
Utility: Used for purchasing pets, secondary market investment, and governance rights.
Lending: Users can use ETH for corresponding ratio lending of $PETOSHI; ETH can be returned at any time to redeem the same amount of $PETOSHI.
Estimated Yield: 4%.
Fees: 1% claim fee on Blast. Users cannot withdraw principal and earnings before deployment; functions will be opened synchronously after deployment.
$GIFT Token
Role: Game token.
Utility: Used for purchasing in-game items, feeding pets, Level up, etc.
Exchange: $GIFT can be exchanged for $PET. ratio is 10:1
Staking: Users can stake ETH to get $Gift. For example, staking $1,000 worth of ETH grants 10,000 $GIFT tokens. Staked ETH can be used for further staking on the Blast network.
Fees: 0.10% lending fee; 0.10% exchange fee.
Queue Mechanism: A maximum of 10,000 $Pet tokens can be exchanged per day.
Pet Parameters
Pets are categorized into five rarity levels: Common, Rare, Protected, Treasure, and Worldclass.
The probability of a pet appearing is based on its rarity level.
Pets have different levels, upgrade requirements, production rates, and consumption rates.
Interaction and Release
while Common Pets start producing at level 5, others can start producing immediately. Early release can be done in batches.
There are planned moving and clicking interaction actions for rare pets and specific interaction actions for extremely rare pets.
This tokenomics structure aims to create a balanced and engaging ecosystem for players, incentivizing participation and investment in the game.
| Description of Token Use | Description | Percentage |
|---|---|---|
VC Seed | 5% TGE, 12 month vesting | 3.00% |
SeriesA (Raised/Closed) | 7% TGE, 12 month vesting | 4.00% |
SeriesB (Raised/Closed) | 10% TGE, 12 month vesting | 16.00% |
Launchpd/kol | 15% TGE, 6 month vesting | 4.00% |
Play to Earn | 24 month vesting | 56.00% |
Liquidity/DEX LP/CEX Campaign | 50% TGE, 5 month vesting | 7.00% |
Airdrop/community treasury | 1 month cliff, 5 month vesting | 5.00% |
Team | 0% TGE, 6 month cliff, 12 month vesting | 5.00% |
Last updated
