PMT Distribution

Supply

PMT will be minted on Arbitrum, with a limited supply of 600 million tokens.

Allocation Mechanism

30% of PMTs will be distributed to players through Party & Earn and Governance. The amount of PMTs to be released will be halved every three years, with 15% released in the first three years, 7.5% in the next three years, until all 30% is released.

The remaining tokens will be distributed as follows: 20% to the team, 2.5% to advisors, 17.5% for private sale, 23% to the ecosystem, and 7% for CEX sale.

Earning and Consumption Mechanism

Level Requirement: Level 30 (pro gamers)

Energy Requirement: Players must have at least 3 Energy to engage in earning.

Bitcoin Mechanism: The amount of PMT earned by each player is calculated proportionally: the more players involved in earning, the less PMT each player will receive.

Burning Mechanism

NFT Mechanism

PMT is burned in the following scenarios:
- Upgrading to Level 5/10/20/28/29;
- Upgrading equipment or clothes beyond Level 4;
- Minting Rare, Epic, and Legendary Adherent NFTs;
- Resetting status points.

Mechanisms for Enhancements in the App

PMT is burned in the following scenarios:
- Improving the daily PGT income cap;
- Permanently increasing the chances of obtaining high-quality Adherent NFTs from mystery boxes;
- Permanently increasing the chances of obtaining more Adherent NFTs from mystery boxes.

Staking Mechanism

Players can stake PMT to get community governance rights and share 30% of the XYBA Party's NFT revenue.

Governance Rights:
- Stakers will get varying voting weights depending on the PMT staked and the lock-up period;
- Voting rights allow players to determine the user traffic allocated to different games in the App, as well as the proportion of the token incentives provided for independent game developers.
Shared Revenue:
- 30% of the Adherent NFT revenue will be shared by stakers according to the PMT staked and the lock-up period. The shared revenue will be regularly airdropped to stakers' accounts in BNB.

PreviousTaxation NextDecentralized Wallet

Last updated 1 year ago

Allocation Mechanism

The remaining tokens will be distributed as follows: 20% to the team, 2.5% to advisors, 17.5% for private sale, 23% to the ecosystem, and 7% for CEX sale.

Burning Mechanism

NFT Mechanism

PMT is burned in the following scenarios:

Upgrading to Level 5/10/20/28/29;
Upgrading equipment or clothes beyond Level 4;
Minting Rare, Epic, and Legendary Adherent NFTs;
Resetting status points.

Mechanisms for Enhancements in the App

PMT is burned in the following scenarios:

Improving the daily PGT income cap;
Permanently increasing the chances of obtaining high-quality Adherent NFTs from mystery boxes;
Permanently increasing the chances of obtaining more Adherent NFTs from mystery boxes.

Staking Mechanism

Players can stake PMT to get community governance rights and share 30% of the XYBA Party's NFT revenue.

Governance Rights:

Stakers will get varying voting weights depending on the PMT staked and the lock-up period;
Voting rights allow players to determine the user traffic allocated to different games in the App, as well as the proportion of the token incentives provided for independent game developers.

Shared Revenue:

30% of the Adherent NFT revenue will be shared by stakers according to the PMT staked and the lock-up period. The shared revenue will be regularly airdropped to stakers' accounts in BNB.