Tokenomic

Last updated 11 months ago

Tokenomic

The $STAR token plays a vital role in our ecosystem and is built with mechanisms to encourage its value to increase over time. We've implemented features already, and have plans for more in the future, all designed to make $STAR more valuable. This deflationary nature, combined with our value-adding features, forms the core foundation for the long-term success and growth of our project's cryptocurrency.

Address : FbrPpBPgbFt7v8P1dvzr9psUmRPpAyn4JhcZCSeV4DWz

Tax and Fee System

The team behind this project is dedicated to its ongoing development and providing the best possible experience for players. To achieve this, we need sufficient resources. That's why we implement small taxes on in-game actions. These taxes allow us to fund continued development and ensure the game keeps evolving and improving. We believe this investment in the project will ultimately benefit all players in the long run.

The game implements a structured approach to taxing and applying fees for various in-app activities, as follows:

In-app Activity

Tax

Mint

0.004 SOL

Stake

0.0035 SOL

Unstake

0.0015 SOL

Claim

0.0015 SOL

Upgrade

0.007 SOL

Royalty Fee

These taxes are designed to be minimal while still allowing us to fund ongoing development. We're confident the benefits outweigh the costs.

We want to thank all players for their continued support. Thanks to you, we can keep creating an amazing game for everyone.

Token Supply and Distribution

The initial supply of $STAR tokens is 300,000. However, this number will change over time as Starships mint new $STAR tokens after the dapp launches.

Liquidity Pool (70%): This pool will be used to create a market for $STAR on launch. The exact amount allocated will depend on the Starminers' launch price, which is expected to be around $0.008 per token.
Airdrops (5%): This pool has already been used for airdrop campaigns and is no longer active.
Collaborations & Marketing (5%): These funds will be used strategically to grow the project, including influencer marketing, social media campaigns, exchange listings, and community events. The team is committed to exploring various channels to reach new users and will provide transparent updates on how these funds are spent.
Geodes Prizes (19.9%): This pool is dedicated to rewarding users within the application. While this percentage may seem high, it's important to note that the ships themselves can also mint $STAR, so the gap between supply and demand will decrease over time.
Transaction Tax (0.1%): Since $STAR is built on Solana's TOKEN2022 standard, a small tax will be applied on every token transfer. These collected tokens will be primarily used to reward holders through redistribution, and occasionally burned or added back to the liquidity pool depending on the situation.

Four Airdrop pools are allocated to our users. We have scheduled four key dates for each airdrop, corresponding to significant technical or media milestones.

1st Airdrop: This airdrop took place in early March 2024. All users who interacted with the StarMiners ecosystem, directly or indirectly, benefited from this allocation.
2nd Airdrop: June, 2024. This airdrop is the perfect opportunity to celebrate the implementation of our StarMiners protocol. Trade, mint, upgrade, and climb the loyalty leaderboard.
3rd Airdrop: Coming soon
4th Airdrop: Coming soon

Last updated 11 months ago

Address : FbrPpBPgbFt7v8P1dvzr9psUmRPpAyn4JhcZCSeV4DWz

Tax and Fee System

The game implements a structured approach to taxing and applying fees for various in-app activities, as follows:

In-app Activity

Tax

Mint

0.004 SOL

Stake

0.0035 SOL

Unstake

0.0015 SOL

Claim

0.0015 SOL

Upgrade

0.007 SOL

Royalty Fee

These taxes are designed to be minimal while still allowing us to fund ongoing development. We're confident the benefits outweigh the costs.

We want to thank all players for their continued support. Thanks to you, we can keep creating an amazing game for everyone.

Token Supply and Distribution

The initial supply of $STAR tokens is 300,000. However, this number will change over time as Starships mint new $STAR tokens after the dapp launches.

Liquidity Pool (70%): This pool will be used to create a market for $STAR on launch. The exact amount allocated will depend on the Starminers' launch price, which is expected to be around $0.008 per token.
Airdrops (5%): This pool has already been used for airdrop campaigns and is no longer active.
Collaborations & Marketing (5%): These funds will be used strategically to grow the project, including influencer marketing, social media campaigns, exchange listings, and community events. The team is committed to exploring various channels to reach new users and will provide transparent updates on how these funds are spent.
Geodes Prizes (19.9%): This pool is dedicated to rewarding users within the application. While this percentage may seem high, it's important to note that the ships themselves can also mint $STAR, so the gap between supply and demand will decrease over time.
Transaction Tax (0.1%): Since $STAR is built on Solana's TOKEN2022 standard, a small tax will be applied on every token transfer. These collected tokens will be primarily used to reward holders through redistribution, and occasionally burned or added back to the liquidity pool depending on the situation.

Four Airdrop pools are allocated to our users. We have scheduled four key dates for each airdrop, corresponding to significant technical or media milestones.

1st Airdrop: This airdrop took place in early March 2024. All users who interacted with the StarMiners ecosystem, directly or indirectly, benefited from this allocation.
2nd Airdrop: June, 2024. This airdrop is the perfect opportunity to celebrate the implementation of our StarMiners protocol. Trade, mint, upgrade, and climb the loyalty leaderboard.
3rd Airdrop: Coming soon
4th Airdrop: Coming soon