🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
Yuliverse emphasizes that $YULI will focus on Decentralization game ecology and publish the economic model.
Yuliverse recently announced that its core Token has been officially deployed on the Kaia blockchain and announced a complete Token economic model. As a fully on-chain asset, YULI aims to build a Decentralization Metaverse where "players own real virtual assets", and promote the long-term development of the ecosystem through in-game applications and social financial functions. According to the official disclosure, the initial supply of $YULI is 8 billion, and the distribution mechanism takes into account fairness and ecological sustainability: 30% is used for in-game incentives (such as Move-to-Earn, Social-to-Earn and other gameplay), 20% is invested in ecosystem construction (including marketing and community activities), 15% is used for Liquidity support, and the remaining part covers regular distributions such as private sale, teams and consultants. The core application scenarios of Token cover Non-fungible Token regeneration and breeding, game item trading, PvE/PvP battle staking consumption, and future location-based social finance (LBS SocialFi) functions. Players can earn non-fungible tokens and high-level character rewards through mechanisms similar to Proof of Stake (POS), while content creators can get incentives on the YuliGO social platform based on Proof of Work (POW) logic. In the design of the economic model, Yuliverse emphasizes the dual-track parallel of "decentralization ownership" and "deflationary mechanism". A portion of the tokens of all in-game transaction fees will be burned to reduce the Circulating Supply, and the remaining funds will be injected into the community fund to support ecosystem development and user initiatives. The move aims to balance short-term participation incentives with long-term participation