Knights of Cathena Reveals Economic Details Ahead of Mainnet Launch
The economic details for the mainnet launch of Knights of Cathena have been revealed, with the developers mentioning maximum daily inflation, item chest prices, and more.
The developers of Knights of Cathena have published a thread revealing economic details for their turn-based tactics game ahead of its mainnet launch on MultiversX.
In this economic deep dive, the team has noted that the maximum daily inflation for the blockchain title’s token will be 21.6 million, while the item chest price will be 40k $CGO tokens, 95% of the tokens from chest purchases getting burned, meaning 38k tokens per purchase are burned. As for the burn rate for the marketplace, it’s set at 2% of the trading price.
The team notes that not only have the chest prices changed in comparison to the devnet, but they’ve also adjusted reward distribution per game, making it so that you can now earn up to 4k tokens per match as a Peasant rank.
As for daily inflation, it’s based on a reward pool system which has a smart contract that mints 1500 tokens every 6 seconds, which is why the maximum daily inflation is 21.6 million tokens.
When a player wins a match, their rewards are calculated based on their in-game rank which contains “a percentage and an associated cap,” leading to the burning of token rewards that are above the cap, which the team states “secures token price even with a lower player base.”
When it comes to burn mechanisms, aside from the ones previously mentioned, the team has revealed that other features containing burning, such as a battle pass, will make their way in the future, with new items set to be added in order to “boost the item ecosystem constantly.”
The mainnet launch is set to happen on September 20th for PC and mobile devices.