Holdaran Shards ($HOLSH)
- Ash Colclough
Type: A fungible, on-chain token with a hard-capped supply of 1 billion $HOLSH 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:
$HOLSH grants voting rights within Holdara’s DAO governance framework.
$HOLSH holdings, along with certain NFTs, influence voting power in the General Assembly (see Governance and DAO Oversight).
DeFi Integration and Staking:
$HOLSH 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.
Rewards for Contributions:
Players earn $HOLSH by:
Defeating formidable Nanovoid threats to ignite Dark Spires.
In-game trading with other players.
Provision of in-game services to other players.
Hiring out their NFTs to other players.
Potential Future Chain Utility:
If Holdara runs its own chain, $HOLSH could be used for transaction fees (gas), which would be sponsored by the DAO, Holdara is gasless for gamers!
Distribution and Safeguards:
Hard-Capped Supply: No new $HOLSDH 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) and a tax on all in-game trades continuously recycle $HOLSH back into the treasury, promoting a stable token economy.