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
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.
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