For Loot And Glory
  • 🏴‍☠️FLAG PIRATE GAME
    • Introduction
    • Game economy
    • Roadmap progress - 100%
    • Chapter I - Pirate's Landing [PVE]
      • PVE mode
      • Quick starting guide
      • EXP & Levels
    • Chapter II - Pirate's Rampage [PVP]
      • PVP mode
    • Chapter III - The Crown Of Gold [PVP]
      • Endgame : The Crown Of Gold
    • Characters, Buildings, Assets
      • FLAG Recruiter NFT
      • Tickets & Characters
      • The Tavern
      • The Forge
      • The Brothel
      • The Shipyard
      • The Ships
      • Treasure Hunts & Coins
      • The Compass
    • Economy, Burn & Earn system
      • $FLAG token
      • Fees & Mint
      • Burn mechanism
      • Earn & Endgame
    • Assets, Prices & Mint Date
    • Stakers, Roles, Airdrop & Whitelist
  • 🏴‍☠️Economy - Tokens - LP
    • $FLAG Tokenomic
    • $BARRELS Tokenomic
  • 🏴‍☠️Sail with us...
    • How to bridge on Skale
    • Decentralization & Our Game
    • Safety first
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  1. Economy - Tokens - LP

$BARRELS Tokenomic

Last updated 2 months ago

BARRELS Token Overview

General Information:

  • Utility Token: $BARRELS serves as the in-game utility token for the FLAG game.

  • Production Site: Produced exclusively in the TAVERN building.

  • Conversion: Each $BARRELS can be converted into 100 Bottles of Rum, used for various game functions.

  • No Initial Sale: There will be no presale, Initial DEX Offering (IDO), Initial Coin Offering (ICO), or similar launch events.

  • Allocation: No allocations for marketing, advisors, or the team.

Emission Details:

  • Daily Emission Rate: 20 Barrels at Launch

  • Regulation Mechanism: The total daily emission is controlled by a halving mechanism:

    • Halving Trigger: A halving in production occurs each time the total circulating supply of $BARRELS exceeds 1,000,000.

    • Cancellation of Halving: If the circulating supply falls below 1,000,000, the halving is automatically cancelled, reverting to the previous emission rate.

    *this is the base but few changes could occur before mainnet launch.

🏴‍☠️