Post Contest Utility
Remaining Tokens:
Unconverted tokens can be redeemed/ airdrop for the main platform token TGE early 2025 and NFTs.
Token scarcity ensures value retention post-contest.
Platform Governance:
XP can transition into governance tokens for future platform participation.
Others
1. Token Burning:
Burning Mechanism: Introduce a 2% burn on every token transaction. This will continuously reduce the token supply, increasing scarcity and driving up value over time.
XP Conversion Burn: Implement a 5% burn on all tokens converted to XP. This adds another layer of deflationary pressure, making XP more valuable.
2. XP Decay:
Decay Rate: Implement a 1% weekly decay of accumulated XP. This keeps the competition dynamic and prevents early leaders from becoming complacent.
Decay Exemption: The top 3 contestants in any given week are exempt from XP decay, rewarding consistent performance.
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