$BARRELS Tokenomic
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: The specific daily emission per Tavern is to be announced (TBA).
Regulation Mechanism: The total daily emission is controlled by a halving mechanism, similar to Bitcoin’s supply regulation:
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.
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