4.3 YGT: The In-Game Token
Last updated
Last updated
YGT (Yolofox game token) is the in-game currency and the intermediary currency for YOLO conversion. Moderate inflation policy for YGT:
The initial total YGT supply is 10 billion, which will be gradually issued over six years. And the issue size will decline each year.
After the 6-year issuance period, YOLO Dao will adjust the tokens in circulation based on the targeted permanent inflation rate through methods such as minting or burning tokens.
The lifecycle of YGT is not a simple add-up of generation and destruction but a well-designed recycling system, making the economy of Yolofox Game healthier and more sustainable.
The in-game rewards are the primary channel of YGT outflow, while the in-game fees and taxes are the primary sources of YGT inflow. The YGT inflows go into a recirculation pool, then be processed and treated as the prepared YGT outflows. During the whole process, a number of demand-and-supply adjustment nodes are set to achieve economic equilibrium.