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$V

Overview

$V is the native game token of Vendetta, powering its entire on-chain economy. It fuels gameplay actions, unlocks exclusive perks, and enables strategic decisions such as training recruits, accelerating resource production, and acquiring special in-game items. Additionally, $V can also be staked for certain periods to get additional rewards.

$V is a deflationary token, with a fixed total supply of 10 million.

Burn Mechanism​

$V has a 70-100% burn rate when used inside the game to ensure long-term value and scarcity.

70% of the $V spent in the Marketplace ($V Store) is burned.
100% of the $V used for in-game actions is **permanently removed from circulation.**

Pre-TGE Token Distribution​

Rather than distributing the entire supply at once, $V will be distributed gradually to the community through gameplay and community engagements.

Before the game release, ~11.11% $V has been allocated to the community which was distributed through quest participation, community engagement, and partner collaborations which included:
I. Questing (Season 1 and Season 2),
II. Limited time $V generated through DVDs, and
III. Community airdrops for the projects: Cosmocadia, Kumo the Cats, Goonies, Rinoco, Women on SUI, Prime Machin, Anima Labs, Killa Club, Rinoco etc.

This allocation is released through a vesting schedule with the game release to help mitigate inflation.

*Note: $V tokens were distributed to partner project communities based on different criterias such as: NFT holdings, engagement activities, or others.*

Additionally, 50k $V tokens are separated as a Vibe Fund from which the tokens are distributed to the community members that help grow Vendetta community through various engagements.

Vesting/Release Schedule​

To prevent excessive token circulation early on, $V follows a vesting-based claim model. The release will have an initial release followed by a daily release.

Initial Unlock (Per Wallet):​

If a wallet has less than or equal to 200 $V tokens,​

  • 100% will be unlocked on TGE (Day 1).

—---​

If a wallet has more than 200 $V tokens,​

  • A sum of (100% of Partner Projects allocations,

30% of Questing Season 1 allocation,
30% of Questing Season 2 allocation,
30% of $V accumulated from DVDs)

OR

  • A minimum of 200 $V tokens

will be unlocked (whichever is greater).

Gradual Release:​

Daily release at the rate of a minimum 50 $V/week or 6.25% of the remaining allocation after initial unlock per week so that players can actively use $V in the game.

Full distribution will be completed over 4 months from initial unlock depending on the holdings.

However, players can speed up the unlock process by completing different milestones in the game. To access their full $V immediately, players can also choose to slash 50% of it.

Key Highlights:​

  • Total Supply: Fixed supply of 10,000,000 tokens
  • Deflationary Mechanics: High in-game burn rate for transactions and utilities
  • Utility: In-game perks, production boosts, staking, and exclusive access
  • Distribution Channels: Gameplay, Quests, DVD generation leaderboard, community airdrops
  • Vesting Model to claim $V: Gradual release to control market flooding