Understanding Crossroads: Myth Tokenomics

The token economics of Crossroads: Myth is structured around a dual-token model, namely:

  1. a governance token (CRDS) enabling stakeholders to participate in decision-making processes and earn rewards proportionate to their stakes

  2. a liquidity reward token (GEMS) that can be utilised to redeem exclusive items, special benefits, and in-game power boosts.

Players will be entitled to purchase governance tokens (CRDS) based on their in-game performance and achievements. Subsequently, they will be able to stake these tokens and receive proportional rewards from all players' activities on Crossroads: Myth.

40% of the game's specific revenue streams, including royalties and fees, will be shared among stakeholders. Players will also be able to claim their earnings at any point.

Upon unstaking of the CRDS governance tokens, a standard exit fee of 10% will be imposed, where half (5%) is burnt, and the remaining half (5%) is evenly distributed among the existing CRDS stakeholders.

The liquidity reward token (GEMS) will serve as incentives to liquidity providers of CRDS-related liquidity pools. There will be no additional minting of CRDS tokens to serve as liquidity incentives.

GEMS are tradable on marketplaces as well and may be used to obtain limited-time or limited-quantity items as well as special temporary boosts, some of which may impact gameplay.

The token economics of Crossroads: Myth is designed with fairness and meritocracy in mind, rewarding players based on in-game performance. We aim to avoid excessive token inflation while providing sustainable real returns from staking.

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