Further Token Mechanics
The Crypto Club Penguin project has implemented various token mechanics to ensure long-term value and utility for its users:
Pills Drop: The addition of the pills drop event will introduce new dynamics to the token supply, potentially increasing the total number of tokens while adding an element of surprise and excitement to the ecosystem.
Staking: Users can stake their NFTs to generate offspring or access various benefits, such as enhanced in-game experiences or access to exclusive content.
Tradable and Upgradeable: Membership NFT tokens can be traded on secondary markets or upgraded using pills, adding an extra layer of flexibility and customization for users.
Vesting periods: Tokens allocated to the team, advisors, private sales and partners may be subject to vesting periods, which can range from 6 to 18 months, to ensure long-term commitment and alignment of interests
Lock-ups and cliffs: Tokens distributed through the INO may be subject to lock-up periods or cliffs to prevent immediate dumping and promote long-term holding.
The Crypto Club Penguin project's tokenomics supports the growth and sustainability of its ecosystem by creating a diverse and engaging user experience while ensuring long-term value and utility for its membership NFT token holders.
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