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Scholarz Whitepaper
  • Scholarz Project
    • The Vision
    • The Story
    • The Ecosystem
      • 1. User Dashboard & Homework
      • 2. Skoolverse Land
        • 2.1 Claiming Land & Stake Scholarz
        • 2.2 Structures
      • 3. Experience Utility Token ($EXP)
        • 3.1 Old Tokenomics
        • 3.2 New Tokenomics
        • 3.3 Endowment Fund
        • 3.4 $EXP Bridge
      • 4. Experience Shop
      • 5. Scholarz Lab
      • 6. Scholarz Playground
      • 7. Scholarz Classroom
      • 8. Scholarz Battleground
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  1. Scholarz Project
  2. The Ecosystem
  3. 3. Experience Utility Token ($EXP)

3.1 Old Tokenomics

Only applicable until all Genesis Scholarz minted out

Pre-mint: None Smart contract: None Liquidity: None Daily maximum emission: 250,000 fixed distributed across total Scholarz Regular Emission method: 1. Homework - Attendance --> 100,000 / day (lesser with no-shows) 2. Homework - Trivia --> 150,000 / day (lesser with wrong trivia answers) Irregular Emission method: 1. Homework - Submit Trivia --> 100 / submitted trivia (lesser with unapproved trivia); occasional, only 4 times held so far 2. Weekly events in discord --> up to 50,000 distributed across several activities 3. Scholarz stacking bonus --> up to 12.5% reward boost from having more Scholarz

Burn Method: 1. Minting Scholarz Genesis --> 6,000 / mint 2. External project whitelist auction --> up to 10,000 / auction

Our non-ERC20 $EXP was launched on 13th December 2021 and with existing tokenomics, our supply currently stands at 2,375,785 tokens or net emission of 39,596/day for 60 schooldays (Mon-Fri).

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Last updated 3 years ago