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WLGOLD is an index token of the game. It was created on the Waves blockchain (asset id: 7E26JWe8XYXf4jNxH7CDAdFUjTg5fCTChHoCuZmfUoy1).
The token is designed around the principle of protection against excessive market volatility. This is achieved through the following terms:
- The token is a liquidity index of the game and is based on the assets of the game's investment fund. The index price of the token is calculated according to the formula:
Token Price = Game Assets / Number of issued tokens
- WLGOLD tokens can be additionally issued and burned as part of the arbitrage.
- Initial issue: 1 million WLGOLD tokens.
- 10% - DAO investors (outright)
- 10% - market making and pool creation (outright)
- 10% - marketing (within 1 year)
- 20% - team (within 3 years)
- 10% - game activities (within 3 years)
- 40% - staked lands (within 3 years)
The index price of the token is influenced by: