Skip to end of metadata
Go to start of metadata

You are viewing an old version of this page. View the current version.

Compare with Current View Version History

« Previous Version 4 Next »

Type: A fungible, on-chain token with a hard-capped supply.

Total Supply: 1 billion RLM tokens.

Key Characteristics and Utility:

  • High-Value Transactions:

    • Purchase Holdaran NFTs (including Characters, Legendary Items, and Land Deeds).

    • Rent player-owned assets, such as Holdaran Citizens.

  • Governance:

    • RLM grants voting rights within Holdara’s DAO governance framework.

    • RLM holdings, along with certain NFTs, influence voting power in the General Assembly.

  • DeFi Integration and Staking:

    • RLM can be staked or placed in liquidity pools for yield farming.

    • The DAO’s treasury acts as / works with a market maker, ensuring liquidity and stability on decentralized exchanges.

  • Glowstone (GLOW) Purchases:

    • Players can exchange RLM for GLOW from the treasury if reserves are available.

  • Rewards for Contributions:

    • Players earn RLM by performing significant in-game actions, such as igniting new Spires or defeating formidable Nanovoid threats.

  • Potential Future Chain Utility:

    • If Holdara runs its own chain, RLM could be used for transaction fees (gas).

Distribution and Safeguards:

  • Hard-Capped Supply: No new RLM can be minted beyond the 1 billion token limit.

  • Allocation:

    • Community Rewards: Distributed to players who achieve meaningful in-game achievements.

    • Development Fund: Supports ongoing game and ecosystem enhancements.

    • Investor Allocations: Subject to vesting schedules to prevent sudden large selloffs.

    • Treasury: Oversees governance initiatives, economic stability measures, and price management.

  • Long-Term Stability:

    • Vesting schedules and cliffs prevent early “dumping” of tokens.

    • High-value in-game sinks (e.g., land deeds, NFT minting fees) continuously recycle RLM back into the treasury, promoting a stable token economy.

image-20241214-235429.png

  • No labels