Introducing Grave ($GRVE), the CRC-20 governance and utility token that forms the backbone of the Croskull Metaverse ecosystem. As the Game Governance Currency, $GRVE is utilized in a myriad of ways in the ecosystem, from buying season eggs to mint your combat pets, writing your personal story directly in your NFT, to purchasing in-game assets, and staking in the bank to increase your yield. Moreover, $GRVE is the key to a decentralized autonomous organization as it is used for proposal voting.
Governance
The Croskull team aims to decentralize its operations by adopting a governance system that allows Croskull NFT to metamorphose into a decentralized autonomous organization. Initially, the team will commence with centralized operations before gradually shifting to a decentralized project to ensure a firm foundation for the project. The governance token for the community proposal votings will be $GRVE.
Tokenomics
The total supply of $GRVE is 45,990,000 GRAVE. The distribution model entails 50% for staking, which will be gradually released based on the staking season system, 25% for bank farm, 12.5% for the team, which will be locked up for 18 months and then released at 10% per month over 10 months. The remaining tokens will be used for marketing (6%), events (6%), and liquidity pool (0.5%).
$GRVE Earning per Season
Each season presents an opportunity for users to earn $GRVE. With 6,666 Croskull + 333 Evoskull and a daily distribution of 22,995 $GRAVE, a total of 2,299,500 MAX $GRAVE can be earned per season (100 days). Any $GRAVE not redeemed during the Season will be burned to maintain a healthy circulation.
Seasons and Future Prospects
There are ten seasons, each consisting of 100 days. Each season offers 2.299.500 $GRAVE for staking and 1.149.750 $GRVE for the bank. Any unclaimed $GRVE by the end of the season will be burned. Furthermore, any purchase made in the Croskull ecosystem with $GRAVE will burn the token,
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