Hoglympics
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$HOGS Token
An in-game currency fueling the game's economy, Hoglympics token (better known as $HOGS), lies at the foundation of our metaverse. Players use $HOGS for breeding new Hogs, constructing new Stadiums, and purchasing consumable items in the game's store relevant to Hog owners, Stadium owners, and viewers. We will also introduce loot boxes that can be opened for random objects, such as tokens, consumables, and even NFTs.

Accumulating $HOGS

There are multiple ways you will be able to accumulate more $HOGS, where the most convenient way is to purchase it right from the DEX or by opening loot boxes. Alternatively, players can be involved in the Hoglympics and earn $HOGS by playing matches (including special events), being a viewer, or hosting games in Stadiums. Playing matches or hosting games requires a (small) initial investment (e.g., NFT assets). In contrast, viewers are costlessly rewarded for actively supporting a given team, although at a lower reward. Nevertheless, $HOGS earning potential is truly defined by your performance in our Ultimate Team game mode, which is connected to our League System. Finally, you can complete missions and achievements personally belonging to your account for bonus earnings.

Treasury

Hoglympics' revenues from sales and fees collected in the game's metaverse are saved in the treasury. Besides that, the treasury will offer liquidity mining in return for several rewards: governance privileges, staking fees, in-game discounts, and an increased Player prestige (e.g., increases the chance of a player’s Stadium to host a game). When push comes to shove, we want to enable healthy liquidity for our token. Lastly, the treasury is used to distribute tokens automatically to platform users in exchange for their activities in the Hoglympics metaverse. The distribution of these tokens may change from time to time, as set by the platform’s governance, which brings us to our final point.

Governance

As indicated previously, Hoglympics' platform will be governed by a decentralized autonomous organization (DAO), where $HOGS acts as a governance token. Our goal is to accomplish a purely decentralized player-owned economy. Even so, the implementation of the DAO is a gradual process. Players will have to provide $HOGS liquidity to access governance privileges, among the other benefits they get. Before anything else, the NFT drop and the launch of our first multiplayer game mode take the lead.
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Accumulating $HOGS
Treasury
Governance