💎Hexonium | $HEXO
$HEXO is the utility token of the CardanoLands ecosystem, and can be used as in-game currency throughout the Kingdom App’s GameFi elements. It is also earned freely through our NFT Staking-Hub!
👉 Key Points
$HEXO does not have a capped supply
$HEXO can be earned for free
$HEXO is burned through in-game usage
$HEXO can be traded on DEXs
🛍️ How to Get
Can be earned daily as a reward for staked NFTs
Can be received as a royalty in the amount of 2% of the cost of a previously invented resource.
Can be earned daily as a reward for holding Mining Tool NFTs
Can be gathered from Lands, which have 'HEXO tile' trait ROADMAP
Can be earned daily as a reward for HEXO/ADA LP provision on Minswap ROADMAP
Can be obtained as rewards from events and giveaways
Can be earned during in-game activities
Can be purchased on the Minswap DEX
🎯 Utility
Is charged as a daily fee for the production of governance tokens
Used as a currency to purchase crafting ingredients
Used as currency to purchase items in the in-game Shop ROADMAP
Used as a fee for crafting materials and equipment ROADMAP
Can have extra usage during in-game activities
Can be deployed as liquidity in order to receive rewards ROADMAP
Can have usage with partnered projects
When a player spends $HEXO in the Kingdom app, the token is burned permanently. When a player earns $HEXO from the Staking-Hub and withdraws it from the Kingdom app on-chain, more $HEXO supply is created. Thus $HEXO supply, demand, and market price will fluctuate with the use of our products.
⚙️ Details
The $HEXO token has no pre-mine, no seed round, and no liquidity provision. Users can provide liquidity at their own accord. The reason behind the lack of liquidity provision by the team is its uncapped total supply and adjustable distribution rules.
Furthermore, $HEXO is free to earn and trade, but the claiming process requires registration at the Kingdom App and wallet pairing.
$HEXO also does not have a capped total supply, which enables us to maintain aspects of the gameplay as we scale. The more users join the game, the more HEXO will be earned (through activities) and burned (through in-game transactions). However, it's important to note that $HEXO holds no monetary value beyond our game environment.
Policy ID: 27eee19588c997ca54d3137f64afe55a18dfcf9062fa83a724bf2357
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