🪙The Alloy Token
$NIOZ is the crucial currency for the Alloy Space game, ideated and built to be the beating heart of our economic system. Through countless simulations and research, Alloy's team has been able to create an ecosystem that revolves around the inflation and deflation of the AT supply, with a controlled yearly inflation target.
This mathematical precision, explained through the provided formulas, creates a durable ecosystem that will help sustain the current game and all future updates.
Core Token Statistics
Token Name: $NIOZ
Price at Launch: $0.08
Contract address: TBA
Initial Circulating and Total Supply Statistics
Total Supply doesn't affect token price, the only influential supply that is bound to price fluctuation is the Circulating Supply.
For security purposes, Vaults contracts don't have direct access to the minting function. Whenever the $NIOZ in them is depleting, additional reserves will be moved from a Multi-Signed Cold Wallet (used to store all the non-Vested, non-Circulating Supply) to the Hot-Vaults.
Initial Circulating Supply
2,000,000 $NIOZ for NIOZ/AVAX Liquidity Pair (Around $200,000 in $NIOZ and $200,000 in AVAX)
2,000,000 $NIOZ for initial LP Rewards. This reserve will replenish automatically over time via Part Processing fail Taxes and ARC Refurbishment Fees. Rewards will fluctuate based on ecosystem needs.
Initial Total Supply
100,000,000 $NIOZ will be minted on contract creation, 96% of these $NIOZ will be transferred to the Multi-Sign Cold Wallet and divided to be used as follows:
16,000,000 $NIOZ allocated to Team and Development, vested linearly over 24 months with a monthly unlock.
10,000,000 $NIOZ allocated to Marketing, transferable but vested linearly over 12 months, with a once-a-fortnight unlock.
20,000,000 $NIOZ allocated to LP Rewards Pool correction, with no vesting. Meant to be used to tweak ecosystem LP rewards in case of necessity.
40,000,000 $NIOZ allocated to In-Game Offer Rewards, pre-minted to be transferred when needed from Cold to Hot Wallet.
10,000,000 $NIOZ allocated to Liquidity Pair injections, meant to be used to inject additional liquidity in the AT/AVAX Pair when needed.
Hot Wallets will never store more than a week of estimated rewards at a time, for security purposes.
Burn Mechanics
To balance the ecosystem through inflation and deflation, many burning mechanisms are in place:
Staking and burning $NIOZ in ARC-Forges is required to make parts. This is the main deflationary mechanism in Alloy Space. Roughly 50 $NIOZ (~1$ at token launch price) per Online ARC-Forge will be burned per day, which means roughly 135,108 $NIOZ per day with all the 10,275 ARCs Online and making parts.
ARC-Forges undergo wear-and-tear as parts are made, reducing their Build Time performance. To refurbish an ARC, $NIOZ must be burned.
All ARC-related utilities require $NIOZ to be executed.
All ARF-related utilities require $NIOZ to be executed.
BARF will require the burn of various token, including $NIOZ.
Balancing Mechanisms
The concept behind the Alloy Space game is a long-term ecosystem that can sustain the development of additional phases.
In order to make this concept reality, many balancing mechanisms have been created:
The Alloy Marketplace
AND MUCH MORE TO COME
Together these contribute to creating an intrinsic value for every asset in the game, whilst balancing the key economic factors.
Last updated