SOL (SummOnersLeague) Policy
SOL is a utility token of Summoners League
within the WEMIX platform.
SOL can be created by consuming Blue Gems,
which are the in-game currency that can be acquired through playing in-game
content. Note that there is a daily limit on the quantity of SOL that can be
generated.
Blue Gems
can be obtained by anyone through playing in-game content. However, rewards are
structured in tiers, allowing players who consistently play the game and strive
for continuous progression to claim more Blue Gems.
Through this digital asset, users can
freely distribute (store, exchange, sell and purchase) SOL tokens outside the
game, by converting in-game currency to SOL tokens. Additionally, users can
convert SOL tokens to in-game currency to further enhance enjoyment of the
game.
SOL
Issuance and Distribution Plan
- Maximum
Supply of SOL: 1,000,000,000 SOL
- SOL Distribution Plan
|
SOL Distribution
Plan |
|||
|
Category |
Supply |
% |
Description |
|
In-game Economy |
650,000,000 |
65% |
Exchangeable quantity of SOL tokens |
|
Marketing |
110,000,000 |
11% |
For marketing use (e.g., Airdrops) |
|
Ecosystem Reserve |
160,000,000 |
16% |
Reserved funds for DeFi program and
emergency situations |
|
Team |
50,000,000 |
5% |
Provided to development team for 2 years
after 2 years of lock-up period |
|
Platform
Operation |
30,000,000 |
3% |
Funds for operations on the WEMIX
platform |
|
Total |
1,000,000,000 |
100% |
|
SOL
– Exchange Blue Gems for SOL
·
Players can exchange Blue
Gems for SOL tokens at Summoners League. Blue Gems can be obtained through
certain ways within the game.
·
The quantity of Blue Gems consumed for SOL token exchange
varies, in proportion to the cumulative total of Blue Gems in game.
·
The quantity of Blue Gem
exchange is calculated based on the fixed value(100 Blue Gems) plus the
cumulative total. Any decimals are discarded.
·
Cumulative
total: Total number of Blue Gems generated up to the day before exchange,
divided by 200 million.
|
·
The supply of Blue Gems at
Summoners League will be adjusted based on the number of players, and there is
no limit to the total number of Blue Gems that can be distributed. If the
number of players decreases, the supply of Blue Gems may also decrease.
·
Players can exchange up to 40
SOL tokens per day.
·
The quantity of Blue Gems that can be exchanged is
automatically updated at 00:00(UTC+8), and the daily limit on the total
number of token exchanges is reset.
SOL
– Exchange SOL for Blue Gems
·
Players can exchange SOL tokens
for Blue Gems at any time from the 'SOL Smelter' within Summoners League.
·
The cost of exchanging SOL token for Blue Gems is calculated
using the same method as above.
Obtaining
Blue Gems
·
Blue Gems can be obtained through various ways offered within the game.
o
Blue Gems cannot be acquired through in-app purchases and can only be obtained through gameplay or by using the 'SOL Smelter' within Summoners League.
o
Gameplay: Trophy rewards, daily mission completion rewards, victory rewards at Master League, season-end ranking rewards are all ways to obtain Blue Gems.
o
The higher the season rank, the more Blue Gem rewards will be given.
o
Players can exchange SOL tokens for Blue Gems at the SOL smelter.
Consuming
Blue Gems
·
Players can consume Blue Gems through the following methods:
o
Blue Gem Shop: Players can purchase Awakening Stone Chests and Skill Scrolls to upgrade heroes and summoners, respectively.
o
Hero upgrade: Players need a certain amount of Blue Gems in order to increase the levels of heroes who have reached their maximum level.
o
SOL token exchange: Players can consume Blue Gems to exchange for SOL at the SOL Smelter.
o
Blue Gems consumed by a player through the abovementioned methods are included in the "Cumulative Blue Gems consumed" category of the "SOL – Exchange Blue Gems for SOL" section. These Blue Gems affect changes in the cost of exchanging SOL token.
SOL
Characteristics
·
Utility Token
o
SOL serves as a utility token
that can be exchanged for Blue Gems, which are an invaluable asset in Summoners
League.
·
Mobility Currency
o
As a tradable mobile token
based on blockchain technology, SOL can be freely purchased and exchanged for
other blockchain assets.
o
It is not bound by game
servers, game worlds, or even the barrier between the game and reality.
·
Clear Intrinsic Value
o
SOL is used to exchange for
an essential in-game resource called Blue Gems, giving it an objective
intrinsic value.
·
Sustainable Blue Gem Circulation
o
In the game, the regeneration of Blue Gems will be optimized based on player activity and the number of players who have reached 'Master League' level within the server. Additionally, by limiting the maximum daily SOL exchange amount per account, Summoners League aims to minimize the impact of inflation on the intrinsic value of the utility token and game development over time.
o
By using consumable items that can be purchased at the Blue Gem Exclusive Store, players can receive unique buffs that provide advantages in gameplay. As a result, players are encouraged to purchase Blue Gem Exclusive Items to achieve higher ranks, leading to continued consumption of Blue Gems. Each season, Blue Gems are redistributed according to rankings, creating a cycle of consumption and redistribution.
o
Players can trade Awakening Stones and Skill Scrolls that have unique abilities and can only be purchased with Blue Gems, as NFTs on the WEMIX marketplace with other players. Players are encouraged to purchase and consume items that are advantageous for their seasonal rankings.
This policy has
no legal binding force and may be subject for change, depending on the
condition of the service.