🪙$MDBL & eMDBL
$MDBL
$MDBL is the native token of Dragonverse Neo and MOSE, a ERC-20 asset issued on Bitcoin L1. It can be exchanged for eMDBL at a 1:1 ratio, facilitating engagements within the Dragonverse Neo ecosystem.
eMDBL
eMDBL is a non-transferable ERC-20 token, exclusively converted via $MDBL.
Utilities
eMDBL grants user access to multiple source of rewards:
eMDBL holders will receive liquidity reward, encompass:
eMDBL
External Assets (e.g. $MERL)
Tradable REALM Passes
MODragon Eggs
※ Liquidity Yield Boosting
The eMDBL liquidity yield can be boosted by holding Dragon Balls or MODragons. It highlights the unique position of these assets within the ecosystem, granting holders enhanced yield potentials.
Holding eMDBL will get you tradable REALM Passes, which allow the players to earn more eMDBL in the REALMs.
Staking eMDBL and Dragon Balls allows players to become node operators within MOSE and share node rewards, including but not limited to assets from projects within the MOSE ecosystem.
Additionally, nodes within MOSE can host private servers for flagship games like Dragonverse Neo with self-customization options, and generate income through them.
MODragon Eggs come in different tiers, each with different probabilities of hatching MODragons of different qualities. Players can utilize eMDBL to hatch MODragons. Additionally, Burning of Dragon Balls for Advanced Hatching is also an option to increase the qualities of MODragons.
Creators have the option to collateralize eMDBL to create their own REALMs and earn creator rewards based on the traction of their REALMs.
eMDBL holders can participate in governance voting, allowing them to launch game content, refine game mechanics, optimize community rewards, and initiate ecosystem partnerships.
MDBL/eMDBL Conversion
$MDBL -> eMDBL
$MDBL can be permissionlessly converted to eMDBL at a constant ratio of 1:1.
eMDBL -> $MDBL
The process of redeeming eMDBL for $MDBL contains an unlocking period, with users having the flexibility to select its duration. The conversion ratio will be determined by the selected duration. This redemption can be canceled at any time before claiming $MDBL, allowing players to fully reclaim their eMDBL.
Allocation & Emission
Allocation
$MDBL and eMDBL collectively share a Maximum Total Supply of 2,100,000,000. The allocation of $MDBL/eMDBL is designed to prioritize the community, with no allocation to the team and investors.
Here is the breakdown:
Emission
The daily emission of eMDBL is determined by the combined Total Supply of $MDBL and eMDBL. It will HALVE once the combined total supply surpasses each threshold. If the combined total supply drops back below the threshold, the daily emission will revert to its previous level before the halving occurs.
eMDBL emission will be distributed to a variety of sources , including Liquidity Yield, Game Incentive, Co-Creation and MOSE Node.
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