Tokenomics
$SILVER and $MATIC
Last updated
$SILVER and $MATIC
Last updated
$SILVER
Our native ERC-20 token, $SILVER is rewarded through games and used to upgrade your Knight NFT's.
On each Arena game you win, an amount of $SILVER equal to 2% of the $MATIC you staked is won. If you lose, you still get .25% of $SILVER for your stake.
In the Barracks, you can spend $SILVER to upgrade your knights which will have their own upgrade costs. $SILVER is burnt upon spending.
Arena
Every Arena game reqires Polygon's $MATIC token to be staked. A tax of 6% is applied when staking $MATIC into a game. The winner takes home both his stake and the opponent's, minus the 6% tax and another 2% which goes to the loser of the game, encouraging them to finish the match.