Learn how Tokenomics works and its Allocation
SkullzCity has its very unique and innovative way to function. We've built a Tri-Token system powering the heart of SkullzCity in a way you've never seen before.
Flesh is the in-game currency, or in-metaverse per se:
A utility token only minted through staking and gaming mechanisms within Skullz City and given to NFT holders. (players and stakers)
You can stake your NFTs in a Fighting scene where they can go through the portalz to fight Humanz (St(e)aking). They will bring Flesh home from their campaigns; The longer they fight the more Flesh they bring. Rarity of your NFT also affects your earnings, the rarest the better.
The Flesh token has a very unique way of working: since its flesh, it rottens... Some of your Flesh becomes Rotten Flesh (rFlesh) on a daily basis. (from 1% to X% depending on the rotten speed of it)
Later in our roadmap we'll be able to burn rFLSH in the so called Barbeqz (BBQ) to mint Bonez token ($BNZ) the primary token in SkullzCity, bridging their world to the Humanz one.
$FLSH is a rewarding token, it can only be earned in SkullzCity, through staking and games.
Every day some of every $FLSH is burnt and the same amount of $rFLSH can be claimed.
Holders can avoid having their $FLSH rot by freezing it at The Butcherz. To do so The Butcherz takes a 5% fee on the $FLSH deposited to the Freezer. This freezing fee is instantly burnt.
Frozen $FLSH ($FLSH Tokens in The Freezer's contract) won't rotten, and can't be used within Skullz City.
In order to unfreeze $FLSH and use them again, there is an unfreeze vesting time of 24 hours (The time for the Flesh to Unfreeze), but The Butcherz allows holders to accelerate the process by using The Microwavez.
Using The Microwavez instantly unfreeze the Flesh in exchange of 10% of the unfroze Flesh avoiding the 24 hours wait.
Of course the unfrozen $FLSH start rotting again every day at the same rate after the unfreeze vesting time or The Microwavez use
$FLSH and $rFLSH are Non transferable ERC-20 tokens which can only be used in Skullz City.
Flesh is used in SkullzCity for its trading utility:
- In the Shopz: To purchase Merchandising made from your NFTs or from our Partnerz
- To play specific Gamez in SkullzCity
- To draw on SkullzCity's Pixel Boardz
rFLSH is the secondary utility token within SkullzCity. It is tied to the FLSH token since the only way to get rFLSH is to have Flesh that rots (starting from 1% / day)
The Rotten Flesh is a powerful token in SkullzCity since it allows the holders to:
- Upgrade the Portalz to add more Slotz and more Squadz so they can bring more Flesh
- Upgrade SkullzCity and bring new buildingz and feature to the ecosystem
- Upgrade your MadSkullz NFT for games
- More utility to come such as the being a bridge to the $BNZ
The unique way to mint $BNZ in SkullzCity will be with Rotten Flesh. A creative way to add a deflationary mechanism to the FLSH token and also a way to protect SkullzCity from flippers.
The Bonez Token is in a work in progress state at the moment and will come later in our roadmap.
$BNZ is an ERC-20 too, it's the exit/entry point for liquidity and serves as the reserve for Skullz City (basically the equivalent of what could be the gems in the Humanz world) The Bonez is a WIP token and isn't launched yet
Flesh value will be backed by BNZ token and its value is tied to $BNZ market cap and circulating supply.
Our goal is to use it as a bridge between Skullz City and The Humanz world also providing liquidity for it and bring more value to our ecosystem.