RMP Token Use Cases And Features

Rewarding token and LP stakers with revenue sharing, 100% of all in-game & RagnaDex revenue will be sent to RagnaVault for weekly revenue sharing distribution. Every week the revenue collected from RagnaVault will be used to purchase RMP token from the secondary market, this elevates the buying pressure in the liquidity pools, which consequently prevents token dumping and increases RMP token demand.

15% of RMP supply will be distributed as yield farming reward, these reward can be claimed in the form of RMP token with 2 months lockup period, or zRMP, the in-game currency which can be redeemed immediately for in-game usage. Whenever zRMP is claimed, equivalent amount of RMP token will be burned, which translates to a gradual deflation of RMP supply. zRMP grants user additional 10-20% discount on all purchases, thus we foresee more RMP will be burned to be converted to zRMP.

Take part in the administration role in the game’s system when proposing and voting for game developments to be made in the future.

Certain special in-game promotion, NFT land sales, or new sets of items will only be available to token and LP stakers, the eligibility of participating in these promotion and sales are depending on the amount of token and LP staked.

Characters, Equipments, & captured monsters are NFT assets and require RMP to upgrade and evolve them, and there are thousands of combinations available to create endless strategies. All of these NFTs will exist in a limited supply; this is to promote fairness & competitiveness to all players in the game, with the higher rarity of the equipments or monsters, the lesser chance of players acquiring them.

Last updated 3 years ago

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Rewarding token and LP stakers with revenue sharing, 100% of all in-game & RagnaDex revenue will be sent to RagnaVault for weekly revenue sharing distribution. Every week the revenue collected from RagnaVault will be used to purchase RMP token from the secondary market, this elevates the buying pressure in the liquidity pools, which consequently prevents token dumping and increases RMP token demand.

15% of RMP supply will be distributed as yield farming reward, these reward can be claimed in the form of RMP token with 2 months lockup period, or zRMP, the in-game currency which can be redeemed immediately for in-game usage. Whenever zRMP is claimed, equivalent amount of RMP token will be burned, which translates to a gradual deflation of RMP supply. zRMP grants user additional 10-20% discount on all purchases, thus we foresee more RMP will be burned to be converted to zRMP.

Take part in the administration role in the game’s system when proposing and voting for game developments to be made in the future.

Certain special in-game promotion, NFT land sales, or new sets of items will only be available to token and LP stakers, the eligibility of participating in these promotion and sales are depending on the amount of token and LP staked.

Characters, Equipments, & captured monsters are NFT assets and require RMP to upgrade and evolve them, and there are thousands of combinations available to create endless strategies. All of these NFTs will exist in a limited supply; this is to promote fairness & competitiveness to all players in the game, with the higher rarity of the equipments or monsters, the lesser chance of players acquiring them.

Last updated 3 years ago

Was this helpful?