Arena Token (ARENA)

Token Summary

• Ticker: ARENA

• Token address: 0x2A17Dc11a1828725cdB318E0036ACF12727d27a2

• Chain: Binance Smart Chain (BEP-20)

• Capped Supply: 10,000,000

Emission Rate

The initial emission rate will be 0.1 ARENA per block

• 90% will be emitted as a reward to the farming ecosystem

• 10% will be sent to the developers' addresses for marketing purposes, payout, and to fund future partnerships and strategic developments

Token Utility and Burning Mechanics

1. The Arena & Major Gladiators

• Bets on gladiators

  • 3% of the pot will be burned for every battle

  • 25% of the jackpot will be burned

• Initial offering of Major Gladiator NFTs

  • 85% of the raised fund will be burned

2. The NFT Collectible Game & Minor Gladiators

• Pyramid Royale

  • 25% of pot will be burned (to be confirmed)

• Gladiatorial Odyssey

  • 80% of entry fee will be burned (to be confirmed)

• Purchase loot boxes of Minor Gladiator NFTs and game item NFTs

  • 85% of the sales will be burned

3. Deposit fee

• The deposit fee for staking will be used to purchase ARENAs later.

• 75% of deposit fees will be used to buy back ARENA tokens and burn them.

• At the beginning of the ecosystem's development, we will manually burn the transaction fee to stabilize the price in case of market dumps.