CATpay $CATPAY

CatPay is an innovative reward token, directly linked to the popular cryptocurrency Catecoin and used within the gaming sphere of Rise of Cats. It operates similarly to the SLP token in Axie Infinity, acting as a versatile currency that can be earned through gameplay and utilized within the game's economy.

Integration in Rise of Cats

CatPay is deeply embedded within the Rise of Cats gaming environment as an integral part of its economy. Players can earn CatPay by participating in the game, creating an interactive and rewarding experience. The in-game utility of CatPay extends beyond merely acquiring the token; it plays a crucial role in enhancing the gameplay too.

Earning and Spending CatPay

Players can earn CatPay tokens through gaming activities in the Rise of Cats world. Once earned, these tokens can be spent in multiple ways to improve the gaming experience. They can be used to upgrade cats, untapping new levels of capabilities and performance. CatPay can also be used to pay for tournament entry fees, opening the door to competitive gaming and larger rewards. Furthermore, CatPay will be used to unlock various future game features, adding a dimension of anticipation and excitement for the gamers.

CatPay Circulation and Burn

All CatPay tokens are mined directly within the game, ensuring a continual supply for players. However, in an effort to maintain a balanced economy, all CatPay spent on in-game upgrades is burned. This mechanism not only helps regulate the total supply of CatPay but also adds a strategic layer to the spending decisions within the game. In addition, a portion of the CatPay tokens from tournament fees is also burned, further controlling the circulation.

CatPay Buyback and Burn

Aside from in-game burning mechanisms, 1% of the transaction volume of the marketplace will be used to buy back and burn CatPay. This operation serves not only as another measure to control the token's supply but also as a way to potentially drive up the value of the token, benefiting the players who hold CatPay.