RUNx Token Economy

How the RUNx Token Works

RUNx value from game economy

Buy-backs - 40% of value earned from in-app fees are used to market buy, helping price for our community members
Burns - governance can vote to burn up to 35% of bought back tokens
Staking Rewards - up to 50% of market bought tokens are distributed to stakers
Locks - Staked tokens require a 14-day cooldown for exiting, and bypassing this cooldown carries a 10% fee on the principal stake
Liquidity Incentives - LP tokens get a 50% higher weight in staking rewards

Staking - staking tokens and LP tokens unlocks certain RUNNER and Avatar skins. Avatars are visible on the leader board, to friends, and on the public map
Discounts - 3.25% royalty fee is charged on the trades of game NFTs, i.e. skins. This fee is discounted to 2.25% if the player is staking a minimum amount of game tokens
Buy-backs - 40% of NFT trading fees are bought back on the market, which the DAO may vote to burn
Staking Yield - Up to 50% of NFT trading fees are available as staking rewards

Burn RUNx to level up your KICKs
Burn RUNx to upgrade Gemstones to Epic or above.
Burn RUNx to re-distribute Attribute points
Burn RUNx to permanently increase STEPx daily income potential
Burn RUNx to permanently improve success rate of ALL Gemstone upgrade
Burn RUNx to permanently improve the chance to receive higher quality KICKs from opening Loot Boxes
Burn RUNx to permanently improve the chance to receive TWO KICKs from Shoe-Minting

Last updated 3 years ago