BIG UPDATE: NEW ECONOMIC MODEL
Popop World is non-stop upgrading to ensure the game experience of players. As an important feature of the P2E game, the economic model is a crucial factor that people always get concerned.
- NEW ECONOMIC MODEL
Next week, Popop World will burn 500M $POP on the Polygon chain, then mint the remaining 500M $POP on KCC Chain. The total amount of POP token supply remains unchanged at 1 billion.
Note: There would be 490M $POP remaining on the Polygon chain after being burnt on May 20th, 2022.
2. ADJUST TOKENOMIC FOR BETTER EARNING
- To increase the release of game ecological rewards
- To motivate users and realize the DAO governance of POP in the future
Popop Team will reduce ⬇️ 80M $POP of Team and 20M $POP of Marketing.
The adjusted game ecological rewards increase ⬆️: 300M $POP to 400M $POP.
Consequently, the total POP Token of Play-To-Earn on Polygon network and KCC network will be 200M $POP each chain respectively
One thing needs to be explained, based on the above adjustments, the daily POP released on Polygon will be reduced.
The game ecological reward on Polygon will be reduced by 1/3 , which means that the exchange rate will increase 1/3;
Stake POP rewards on Polygon will be halved , which means APR is also halved.
We also updated it in Whitepaper, read here
