Tokenomics
$PACE is the in-game currency of Cyber Gallops with unlimited supply.
Utility of $PACE include:
- Race entry fees
- Stable fees
- Breeding fees
- Horse and Greyhound NFT purchase
- Marketplace purchase of materials for stable and track land
- Currency for prediction markets
- Prize monies for performing in races
- Rewards for hosting races
As an in-game currency, supply of $PACE will be dynamic, it can be earned through gameplay and is burned immediately when used to purchase or upgrade in-game items. Liquidity pool for $PACE will be initially seeded on leading decentralized exchanges.
$GALLOP is the governance token of Cyber Gallops with a total supply of 5B tokens.
Utility of $GALLOP include:
- Stable and Track land sales
- Staking for a part of economic benefits of the ecosystem
- Metaverse and gaming governance
- Weekly tournament prize monies
As the Governance token of Cyber Gallops, $GALLOP token holders have a stake in the direction of the Cyber Gallops Metaverse via voting rights in the Cyber Gallops DAO. With a fixed total supply, and staking for yield, as the Cyber Gallops Metaverse ecosystem develops, $GALLOP tokens are designed to appreciate in value.
$GALLOP liquidity pools will be initially seeded on leading decentralized exchanges for easy conversion to and from other cryptocurrencies.
Token Distribution
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