ExoDust Tokens - EXO
A Non-Inflationary Governance & Utility Token for the ExoWorlds Game
Last updated
A Non-Inflationary Governance & Utility Token for the ExoWorlds Game
Last updated
The Foundation Staking Node (FSN) is very similar to the X-Node Program for VeChain, which rewards users who support the ecosystem through extra staking returns.
Category N (Tier 1 90D Lock): The lowest reward category receives 1x the bonus reward.
Category M (Tier 2 60D Lock): 1.25x the bonus reward.
Category L (Tier 2 90D Lock): 1.5x the bonus reward.
Category K (Tier 3 60D Lock): 1.75x the bonus reward.
Category J (Tier 1 360D Lock): 2.0x the bonus reward.
Category I (Tier 3 90D Lock): 2.25x the bonus reward.
Category H (Tier 4 60D Lock): 2.5x the bonus reward.
Category G (Tier 2 360D Lock): 2.75x the bonus reward.
Category F (Tier 4 90D Lock): 3.0x the bonus reward.
Category E (Tier 5 60D Lock): 3.25x the bonus reward.
Category D (Tier 5 90D Lock): 3.5x the bonus reward.
Category C (Tier 3 360D Lock): 3.75x the bonus reward.
Category B (Tier 4 360D Lock): 4.0x the bonus reward.
Category A (Tier 5 360D Lock): 4.5x the bonus reward.
When all $EXO staking rewards have been distributed, the FSN will no longer serve a purpose, and the 300 Million tokens held there will be redistributed to the ExoWorlds Foundation for developing the game and growing the ecosystem.
FSN Game Development
The FSN Game Development Portion will focus on funding game development at the sole discretion of the DAO - users will vote (through the DAO) on features and digital assets to develop.
FSN Ecosystem Growth
The FSN Ecosystem Growth Portion will focus on community growth by conducting AirDrops to holders, funding free-to-join tournaments, IRL events, and more.
$EXO tokens are used to vote on a variety of matters, such as in-game laws, development direction, treasury spending, or other community-made proposals. Each $EXO holder will have a voice, and that voice will mean something on the galactic stage. One example is token holders voting on $GCRED inflation rate should it need changing.
However, $EXO does not entitle $EXO holders to vote on the operation and management of the Company, its affiliates, or their assets or the disposition of such assets to token holders, or select the board of directors or similar bodies of these entities, or determine the development direction of these entities, nor does $EXO constitute any equity interest in any of these entities or any collective investment scheme; the arrangement is not intended to be any form of joint venture or partnership. After the governance launch, there will be no individual or corporate entity or other active promoter, sponsor, or group or affiliated party that maintains sole control over the ExoWorlds Platform.
Incentive Mechanism
$EXO would functions as the incentive which would be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the ExoWorlds Platform. Further, it is mentioned that additional $EXO will be awarded to a user based only on its actual usage, activity and efforts made on the ExoWorlds Platform (and/or proportionate to the frequency and volume of transactions), so users of the ExoWorlds Platform and/or holders of $EXO who did not actively participate will not receive any $EXO incentives.
Compete-to-Earn. Users may participate in the compete-to-earn mechanism to stand a chance to earn $EXO incentives/ rewards when they defeat other users in the PVP arenas.
ExoWorlds Platform operates a safety module whereby users may stake $EXO, which would act as the last resort cover for a black swan or shortfall event affecting users of the ExoWorlds Platform (e.g. hacks, exploits, unforeseen smart contract errors). In exchange for taking on such risks and to attract users to participate in the safety module, stakers would be rewarded with $EXO and $GRED.
Staking will be one way for players to earn $GCRED outside of Play-and-earn. Depending on which Wallet Tier users are in and the staking length they choose, users will receive varying amounts of both $EXO and $GCRED over time.
Tier 1: Default staking tier for all users. Tier 2: Must be tier 1 and stake 2M $EXO for 30D Tier 3: Must be tier 2 and stake 4M $EXO for 60D Tier 4: Must be tier 3 and stake 8M $EXO for 90D Tier 5 Must be tier 4 and stake 15M $EXO for 360D
Purchasing or building Galactic Assets or Prime Assets will require $EXO. This is the crux of ExoWorlds gameplay, whether in the RTS Galaxy Map Game or TPS Metaverse.
$EXO is a functional multi-utility token that will be used as the medium of exchange between participants on the ExoWorlds Platform in a decentralized manner. The goal of introducing $EXO is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the ExoWorlds Platform without any intermediaries, such as centralized third-party entity/institution/credit.
It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt, nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that the issuer does not exclusively provide.
$EXO does not in any way represent any shareholding, ownership, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise, or undertaking, nor will $EXO entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction.
$EXO may only be utilized on the ExoWorlds Platform, and ownership of the same carries no rights, express or implied, other than the right to use $EXO as a means to enable usage of and interaction within the ExoWorlds Platform. The secondary market pricing of $EXO is not dependent on the effort of the ExoWorlds Project Contributors, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.
In particular, $EXO will be used as the primary medium of exchange when trading in-game digital assets (e.g. equipment/weapons) on a peer-to-peer basis. Users will, of course, be able to list their NFTs with any preferred token; however, there will be benefits to doing so in $EXO.
Examples of the staking rewards, and a staking calculator, will be coming soon on our updated tokenomics page on the website.
Please see the Tab to understand how bonus rewards work.
The 300 Million EXO staked in the FSN wallet (at a flat 8% APY) will generate 65,0000 EXO and 30,000 GCRED per day. These bonus rewards will be used to boost incentive rates for stakers and are automatically assigned daily. The amount each staker receives depends on the they are in.
Examples of the staking rewards, and a staking calculator, will be coming soon on our updated tokenomics page on the website.
Read more in the .
