8. Tokenomics💰

Tokenomics

8.1 $DOLLAR Stability

In the Town of Digital Asset (TODA) ecosystem, the native currency, $DOLLAR, serves as the stable backbone of the in-game economy. Each $DOLLAR is equivalent to 100 $Coins, ensuring a consistent and reliable value for transactions and asset valuation within the TODA universe.

8.2 $Coins Utility

$Coins play a crucial role in facilitating in-game and off-chain activities. These include acquiring assets, participating in town building, crafting, and various other activities essential for character development. Players can acquire $Coins by trading $DOLLAR, creating a dynamic economy within the TODA ecosystem.

8.3 Transaction Fees

Every trade of $DOLLAR to $Coins and transactions within the marketplace incurs a nominal fee of 1%. This fee is directed towards funding essential aspects of the game, including ongoing operations, updates, and ensuring a sustainable development environment.

8.4 Staking $Hydra

Staking Hydra tokens, our governance token, becomes an essential part of optimizing gameplay in TODA. By staking Hydra, players benefit from faster TIME (Energy) recovery, providing a strategic advantage in the game. Additionally, staking offers an increased chance for better stats and introduces staking buffs, further enhancing the gaming experience.

8.5 Governance Mechanisms

As a holder of Hydra tokens, players gain the power to participate in TODA's governance mechanisms. This includes voting on critical decisions such as the direction of game updates, patches, and adjustments to skill mechanics. The governance system ensures that the TODA community has a direct say in shaping the ongoing development and evolution of the game.

8.6 Community Involvement

TODA's tokenomics is designed to encourage active participation and collaboration within the community. The ability to stake Hydra tokens not only provides tangible in-game benefits but also allows players to actively contribute to the governance and decision-making processes that define the future of TODA.

8.7 Future Developments

The tokenomics of TODA is a living system, and we're committed to continuous improvement. Future developments may include additional utility for $Coins, innovative staking mechanisms, and further enhancements to the governance system. The aim is to create a sustainable and player-centric economic model that aligns with the evolving needs of the TODA community.