Lore and Tokenomics
Last updated
Last updated
Lore: The inception of our journey begins with Greed, symbolized by a voracious goblin, embodying the insatiable desire for more. Greed sets the foundational economy, enticing participants into the ecosystem.
Tokenomics: With a substantial supply of 777,777,777,777, Greed mirrors the endless quest for accumulation. The dual fee system incentivizes early adoption and long-term holding, reflecting the lore’s essence by rewarding the committed and the astute.
Use Case: The launch token. It features a 2/2 fee system and is launched based on the Automated Initial Provision (AIP) plan.
Token Details • Ticker: $GREED • Mascot: Goblin • Total Supply: 777,777,777,777
Token Distribution • 25%: Liquidity Pool (LP) • 25%: Rewards Pool (Staking/Mining Contracts) • 50%: Creator Set Holders
Initial Liquidity Pool (LP) • 50% of AVAX from Phase 2 mints • 25% of total $GREED supply • Lock-Up: 5 years
Fee System • Buy Fee: 2% (supports treasury and ecosystem) • Sell Fee: 2% (strengthens staking and mining rewards)
Allocation • Based on Creator Set Rarity • Includes Matching Set Bonus
Strategic Implications and Community Engagement
$GREED is not merely a token; it is the cornerstone of an expansive ecosystem that will grow to encompass the full spectrum of sins, each with its unique tokenomics and interplay. As the first token, $GREED sets the precedent for innovation and strategic depth within the ecosystem. It is designed to reward early and engaged participants while ensuring a stable and attractive economic model that benefits all stakeholders over time.
Pathway to the 7 Sin Coins
Following $GREED, the ecosystem will expand to introduce additional Sin Coins, each designed to interact with $GREED and each other in complex and rewarding ways. This dynamic and interconnected approach ensures a vibrant and self-sustaining ecosystem that mirrors the complexities of economic and psychological incentives in the real world.
The GOBLIN COIN ($GREED) launch represents a bold first step towards a comprehensive and engaging crypto-economic ecosystem. By carefully balancing supply, incentives, and participation mechanisms, $GREED is poised to captivate users and investors alike, offering a unique blend of strategic depth, thematic richness, and economic opportunity. As the ecosystem evolves, participants will discover new ways to engage, strategize, and prosper within the gamified world of the seven deadly sins.
Lore: Born from the shadows of Greed is Envy, personified by an ape that covets what others possess. This coin addresses the distributional asymmetries within Greed, offering a pathway for the less endowed to gain.
Tokenomics: A targeted airdrop to the bottom 75% of Greed holders symbolizes leveling the playing field, echoing the narrative of desire for parity. The 77,777,777,777 supply and community-driven liquidity provisioning cultivate an ecosystem where active participation is prized.
Use Case: Airdropped to Greed holders who have a small bag of Greed. Whale holders of Greed will have to purchase Envy tokens from the marketplace. (Note: only purchases of GREED or WhiteList allocations will be eligible for ENVY airdrop. Transfered GREED to wallets will be ineligible. Additional restrictions may be enacted if Sybil Attacks becomes an issue)
Ticker: $ENVY Mascot: Ape Total Supply: 77,777,777,777 Delivery: Airdrop to the bottom 75% of $GREED holders. (must have purchased greed on market or presale, wallets that were transferred GREED but made no purchase are ineligible.) Buy Fee: 2% of $ENVY being purchased Sell Fee: 2% of $ENVY being sold Initial LP: Community will seed via staking with different pairs: Avax/Envy, USDC/Envy. By doing this the LP providers will earn $WRATH
Lore: Wrath, the dragon’s coin, emerges from the friction of Envy’s aspirations, rewarding those who dare to engage actively with the ecosystem. It symbolizes the fiery pursuit of ambition beyond mere desire.
Tokenomics: With a supply of 7,777,777,777, Wrath is earned through liquidity provision, symbolizing the rewards of directed action and the valor of overcoming market adversities.
Use Case: Issued when holders provide LP with Envy
Ticker: $WRATH Mascot: Dragon Total Supply: 7,777,777,777 Distribution: Earned by ENVY LP providers. Buy Fee: 2% of $WRATH being purchased Sell Fee: 2% of $WRATH being sold Initial LP: Community will seed via staking with different pairs: Avax/Envy, USDC/Envy. By doing this the LP providers will earn $WRATH
Lore: Gluttony, represented by the pig, encompasses the excess and overindulgence of the market. Its high emissions and detrimental holding mechanism mirror the wastefulness of unbridled consumption.
Tokenomics: The staggering supply of 9,999,999,999,999 serves as a caution against hoarding, encouraging the utilization of Gluttony for the betterment of Lust, thereby fostering a cycle of consumption and regeneration.
Use Case: High supply coin with high emissions. Holding this coin is detrimental; it must be used to level up Lust coin by burning. 7% of the supply is airdropped to holders that have done nothing with their Greed but hold it. 3% of the supply will be added to the LP with 100 Avax from the Treasury. This coin is farmed by staking and compounding rewards.
Ticker: $GLUTTONY Mascot: PIG Total Supply: 9,999,999,999,999 Distribution: 7% airdropped to Greed wallets who have done nothing but hold GREED since airdrop or snapshot (must have purchased greed on market or presale, wallets that were transferred GREED but made no purchase are ineligible.) Buy Fee: 2% of $GLUTTONY being purchased Sell Fee: 2% of $GLUTTONY being sold Initial LP: 3% of total supply will be added to LP with 100 Avax from the Treasury.
Lore: The siren’s call of Lust entices participants deeper into the ecosystem, offering the promise of amplified rewards through the strategic burning of Gluttony. It represents the allure of ultimate reward through dedication and sacrifice.
Tokenomics: The scarce supply of 77,777 Lust coins symbolizes the precious and elusive reward for those who navigate the sins strategically, engaging deeply with each coin’s unique mechanics.
Use Case: Improves the more Gluttony tokens are burned to level it up. It’s a low supply token earned by holding/staking/mining other Sin coins (Wrath, Envy, Greed, Gluttony). Each level of a LUST NFT will reduce Purity reset by 5% for a max of 50%. To fully max out a LUST Coin 128MM Gluttony must be burned. LUST NFTs do NOT stack. Only 1 is needed to get the benefit of the Purity reset protection. But do you want others to benefit is the real question?
Ticker: $LUST Mascot: Siren Total Supply: 77,777 Distribution: Earned by staking/mining the following Sin Coins; Wrath, Envy, Greed and Gluttony. Buy Fee: 2% of $LUST being purchased Sell Fee: 2% of $LUST being sold Initial LP: Community will seed via staking with different pairs: Avax/LUST, USDC/LUST. Note: Purity is used as a multiplier in the final act of the Sin Coin system. It’s non-transferable and is reset when a token is unstaked.
Lore: Sloth, embodied by the lethargic sloth, challenges participants to defy the decay of inaction. Its mechanics encourage continuous movement and re-engagement, embodying the struggle against complacency.
Tokenomics: A total supply of 9,999,999 reflects the balance between accessibility and the value of diligence. Sloth rewards the steadfast and punishes the idle, encapsulating the sin’s cautionary tale.
Use Case: Mining token, leaving it idle results in depleting outcomes. It must be compounded ONCE, every 7 days for it to continue to earn rewards. If it is not compounded, the staking rewards reduce to zero. Compound more than once, your Purity multiplier is reset across all coins. Claim your rewards, your Purity multiplier is reset across all coins. It is initially earned from those that stake Greed the longest, with emissions starting after 30 days of GREED staking.
Ticker: $SLOTH Mascot: Sloth Total Supply: 9,999,999 Distribution: Earned by staking $GREED continually for 30 days. Claiming/Unstaking at anytime resets your Purity multiplier. Compounding more than once every seven days resets your Purity multiplier. Buy Fee: 2% of $SLOTH being purchased Sell Fee: 2% of $SLOTH being sold Initial LP: Community will seed via staking with different pairs: Avax/SLOTH, USDC/SLOTH.
Lore: Pride, represented by the regal lion, stands as the culmination of mastering the sin coins. It demands the ultimate sacrifice—burning itself for a share of the treasury, symbolizing the paradox of pride’s fall and the zenith of achievement.
Tokenomics: With the most limited supply of 7,777 Pride underscores the rarity and value of true commitment across the ecosystem. Its sacrificial mechanism for treasury rewards embodies the lore’s essence, offering a transcendent reward for holistic engagement.
Use Case: earned by staking the other 6 sin coins. All coins must be staked to earn Pride, which must be sacrificed/burned to earn a percentage of treasury rewards. Once sacrificed the % of treasury rewards is sent to holder and earn the SinFree NFT. The sacrificed Pride is removed from circulation and the remaining Treasury is adjusted to % Pride remaining
Ticker: $PRIDE Mascot: Lion Total Supply: 7,777 Distribution: Earned by staking all other Sin Coins. Unstaking any Sin Coin resets the holders Purity accumulation. Purity is converted to Pride and once done, the Purity multiplier is reset. Buy Fee: 2% of $PRIDE being purchased (if players decide to add to LP) Sell Fee: 2% of $PRIDE being sold (if players decide to add to LP) Initial LP: Optionally, community can seed via staking with different pairs: Avax/PRIDE, USDC/PRIDE. Otherwise, they can redeem for a portion of the Treasury.
All staking contracts earn Purity. Purity is used to mint PRIDE. Players must have Purity from staking all other Sin Coins in order to mint PRIDE.
To be SinFree within the game, a holder should have 100% of their assets staked and/or mining. When a player sacrifices their PRIDE for a percentage of the Treasury and the above condition is met, they will earn the SinFree NFT.
All coins have a 2/2 tax system to support Staking/Mining, Treasury and Administrative costs.
