๐ชToken Ecosystem
In order to balance the contribution and liquidity incentives we employ a dual ERC-20 token model.
Governance Token
Our native governance token $ALIGN, is purely for community and DAO voting and is highly coupled to member contribution activity. The token can not be bought outright on the secondary market, but instead, can be earned through completing quests and contributing actively to our realm (Quests is first determined by realm creators and later the community) or through a special allocation alongside each realm Morph NFT.
The allocation when buying a Morph NFT is dependent on the meta tier i.e. higher tier, larger amount allocated. Any future allocation for the governance token can only come through contribution distribution.
The governance token does not have a fixed supply, rather an amount is minted each week and coupled with live determined quests, where more of our realmโs governance token can be earned with higher ranked quests with greater impact.
Liquid Utility Token
This token $VORTEX can be bought from the secondary market and will be seeded with DEX liquidity from the capital received through realm Morph NFT purchases. The utility token will give special access to different events, experiences, products and content brought forth by the realm. The utility token will only be released once a certain amount of Morph NFTs have been bought and there is enough liquidity to actively incentivize and circulate value intra and inter realm.
Last updated