Yield Generating Governance Token
$Magic, a third party token will be used as the primary in-game token for games produced by the DAO.
gFLY is the governance token that runs the BattleFly network, comprising the following domains:
Domain | Notes |
|---|---|
BattleFly Games | The development of web3 games, currently including BattleFly PvP game, Racer and other properties that the DAO may elect to develop in the future using the BatleFly codebase and IP |
BattleFly Treasury | Holdings in: Magic Treasure and Bridgeworld NFTs, DeFrag Metamaticians NFTs, gFLY reserves (1.5m gFLY) |
Flywheel | Fee generating “staking as a service” protocol for the Treasure eco-system |
BattleFlyDAO may generate yield for gFLY holders and stakers from the following activities:
Domain | Notes |
|---|---|
BattleFly Games | Fees earned from the provision of web3 games, including: New mints of BattleFly NFTs, Mod Packs, Battle Passes, Per-battle fees generated by the network for the PvP game, Emissions earned from tokens staked by users |
BattleFly Treasury | Emissions earned from Magic emissions earned by the Treasury gFLYs earned from the trading of Bridgeworld NFTs |
Flywheel | Fees earned from the management of “staking as a service” for partner projects. |
Merchandise | Fees earned from the sale of BattleFly merchandise |
Last modified 4mo ago