Legends of Elysium Token TreasuryDemystifying the ‘Legends of Elysium’ Token Treasury
Hello fellow gamers! Let’s take a dive into the fascinating world of ‘Legends of Elysium’ (LoE), an online card game that’s become a favorite for countless players worldwide. The hot topic at the moment is the ‘Legends of Elysium Token Treasury.’ Wondering what that’s all about? I’m here to lay it out.
In ‘Legends of Elysium,’ you’re not just playing—you’re earning. It might seem unbelievable, but hear me out. The game’s ‘play and earn’ feature allows players to actually monetize their playtime with tangible rewards. Whether you’re unearthing treasures, battling foes, or completing quests, you’ll rack up $LoE tokens, the official in-game currency.
You might ask, why are these tokens valuable? Simply put, they can be used in-game to enhance your hero’s skills or traded on the market for real-life assets. Ambitious gamers who complete daily and weekly quests, dominate the leaderboards, and win tournaments will find themselves earning these sought-after tokens.
The LoE token treasury initially contained about 30% of all $LoE tokens in existence. Rather than flooding the market all at once, these tokens are made available for players to earn gradually over time. The number of tokens you can earn hinges on various activities, such as completing quests, claiming victory in eSport tournaments, or having ownership of a game Board.
Baffled by game Boards? Here’s the breakdown. Possessing a level 1 or 2 game Board accumulates tokens. These Boards, along with other in-game purchases like weaponry or access to battle arenas, contribute to the growth of the treasury pool through an innovative delayed gratification structure. It ensures that a slice of the in-game transactions cycles back into the treasury, nurturing an ecosystem that’s sustainable in the long term.
To give you a clearer picture, imagine the treasury collecting 100,000 tokens daily. From this, 30,000 tokens might reward players leveling up their heroes, 20,000 could go to Board holders, 15,000 might back the NFT stakeholders, and another 15,000 fund weekly cash prizes. The rest are allocated to monthly tournament prize pots and a treasury reserve.
What’s more, there’s a distinct reservoir where 1% of all in-game token transactions are deposited before entering the main treasury. The community votes to decide the fate of these tokens, which could be ‘burned’ to decrease the $LoE token supply, promoting deflation. This ancillary pool grows with a 1% share from in-game transactions, spanning Board and Pack purchases, Card crafting, Tournament entries, and Adventures.
So now you’re in the know about the ‘Legends of Elysium Token Treasury.’ This innovative ecosystem design is a masterstroke in empowering the game’s community to expand and prosper together. Until our next gaming rendezvous, keep your swords sharp and your $LoE token stash growing!