$STYX TOKENOMICS
The ancient currency of the Omens throughout the Olympus ecosystem.
Basic Fundamentals - $STYX:
Maximum Supply or Total Minted = 66,666,666
65% (43,333,333) STYX committed to Staking Rewards
20% (13,333,333) STYX committed to Liquidity Pool
15% (10,000,000) STYX committed to Team Treasury/Reserve
To make this clear, the maximum supply of 66,666,666 $STYX will not be all be released at the same time. There will be an unlock schedule with fractions of the maximum supply of $STYX released into the ecosystem over the next years to ensure token stability and that the community is well rewarded.
Initial Circulating Supply - $STYX:
3,000,000 Initial Supply:
65% (1,950,000 STYX) committed to Staking Rewards
20% (600,000 STYX) committed to Liquidity Pool
15% (450,000 STYX) committed to Team Treasury/Reserves
Liquidity Pool
The LP injections will equal a minimum of 250 SOL converted into USD (This is a conservative number and does not include other sources of project income)
Token Utility:
Dig Sites:
Cost of Entry to Dig Sites (Lost STYX when paying an entry cost to access specific Dig Sites will be removed from the circulating supply)
Palace of Midas: A risk/reward oriented Dig site that will incentivize the spending of STYX in order to find more valuable artifact rewards.
Rare artifacts that provide an increase to staking efficiency, will only be found in Dig Sites that require a Cost of Entry in STYX.
The Agora Marketplace:
Buy and Sell with $STYX, Artifacts - Upgrades, Consumables, WL Tokens, etc.
Agora Auctions (NFTs that will be purchased with Team/DAO funds)
1/1 Art Pieces
Much more undisclosed plans
The Underworld Metaverse:
Omens will be able to purchase their Origin of Afterlife Generation Cerberus with $STYX, granting them complete access to the S Tier Metaverse we are building with a foundation of Chillchat WORLDS upon release.
This will be covered as we get closer to the introduction of The Underworld, The cost will not be cheap as these will be extremely valuable.
These transactions paid for with $STYX will introduce a deflationary mechanic due to the removal of X tokens from circulating supply per transaction
Expansion of the $STYX Ecosystem
This is only the beginning of what we have in store for Olympus. The Oracle has foreseen Omens other than the Cerberus searching for $STYX.
