flag-pennantPost Contest Utility

  1. Remaining Tokens:

  • Unconverted tokens can be redeemed/ airdrop for the main platform token TGE early 2025 and NFTs.

  • Token scarcity ensures value retention post-contest.

  1. Platform Governance:

  • XP can transition into governance tokens for future platform participation.

Others

1. Token Burning:

  • Burning Mechanism: Introduce a 2% burn on every token transaction. This will continuously reduce the token supply, increasing scarcity and driving up value over time.

  • XP Conversion Burn: Implement a 5% burn on all tokens converted to XP. This adds another layer of deflationary pressure, making XP more valuable.

2. XP Decay:

  • Decay Rate: Implement a 1% weekly decay of accumulated XP. This keeps the competition dynamic and prevents early leaders from becoming complacent.

  • Decay Exemption: The top 3 contestants in any given week are exempt from XP decay, rewarding consistent performance.

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