Tokenomics

CrewToons Tokenomics

WAX DAO - Collect & Earn

Our Collect & Earn program is created for our loyal community of collectors. In short, CrewToons NFTs staked in our WAX DAO farm will earn an APY of 5% on their collection. In this section, we explain in more detail how it works.

Play & Earn in Meta Explorers

Main utility of our incredible digital trading card collection is to discover the metaverse, and playing Meta Explorers by that where you can earn all kind of tokens around the metaverse.

For all game mechanics check out our whitepaper, it has all the info you need:

https://nfw-1.gitbook.io/crewtoons-meta-explorer-white-paper/

 

Rarity Stake Power for Meta Explorers

Earn CrewCoin

Goal of CREWC: Extension of Earth Chips and aim to equalise their value ATLEAST. 


Stake CrewToons NFT’s in WAX DAO and earn ~5% APY on them. this 5% is calculated on their Earth Chip Value, meaning how much Earth Chips it costs to get them. We decided on a 5% APY to have a stable growth and to avoid pump & dumps. The main goal of CrewToons is and always will be to satisfy collectors!


Sticker Common Rare Epic Legendary Mythic
Earth Chip Value
1
2
6
14
30
50

Each Rarity gets a calculation on how much hourly stake power it should get to run 5% APY in CREWC, again based on 1 Earth chip = 1 CrewCoin. On top of that each rarity gets a small StakePower boost % and which each rarity a bit higher. We are doing this so it is ALWAYS better to upgrade NFT’s to a higher rarity. For example, a Common gets 1% Boost resulting in the following calculation: (2(EarthChip)*0,05/365/24)*1,01 = 0,00001153 hourly CREWC generation. You can see here for each rarity the hourly yield in the table below. 

Boost % Sticker Common Rare Epic Legendary Mythic
Rarity Boost%
0%
1%
1,5%
2%
2,5%
3%
Hourly CREWC Yield
0,00000571
0,00001153
0,00003476
0,00008151
0,00017551
0,00029395

Special Edition Boost

On top of the previous, special Edition NFT’s will get another small buff due to them being special edition. these are like Holiday NFT’s, Christmas, Darth Shrimpy etc. They will all receive a extra stake boost of 1% on top of the above Hourly Yield

Boost % Sticker Common Rare Epic Legendary Mythic
Special Edition Boost%
1%
1%
1%
1%
1%
1%
Hourly CREWC Yield
0,00000576
0,00001164
0,00003511
0,00008232
0,00017727
0,00029689

CrewCoin Utility

Live:

  • Buy Moon Chips (soon, 4 CREWC = 1 Moon Chip)
  • Used to blend Bonus Tickets (with small discount)
  • Used to buy CrewCoin only Special Editions
  • Used to buy other drops (with small discount)
  • Add to liquidity pool on Alcor Exchange & earn rewards
  • Trade on market

Near Future

  • Stake CREWC on WAX DAO Token farm (5% APY)
  • Taco Meal Liquidity Pool

More: we will probably find and develop new utility, we have ideas working on the background that we will release once ready to share.

 

 

Over time Chip Blends will get more expensive. We once start with 3 Earth Chip = 1 Moon Chip, now we are at 4 (and 4 Moon Chip = 1 Mars Chip) and someday we will up it to 5 Earth Chip = 1 Moon Chip. We will only announce that at the same time that we are doing it so we don’t get bumpy roads ahead.

CrewCoin Allocation

Max supply: 1.000.000.000 CREWC

Distribution: 100% CrewToons Collect&Earn staking.

However, sales done with CREWC will be splitted as followed:

  • 10% Goes to team (can’t be sold by team for atleast 15 months)
  • 10% Goes to rewards in Mr. Squid’s treasury (CrewToons Dungeon)
  • 80% Gets Burned

Please note these % ARE NOT definite, we are still discussing it and we want to learn how it all flows before making the definite decision

Mr. Squid Treasury

(Including CrewToons Dungeon)
Coming soon!

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