Eladrea Tokenomics and Community Token Distribution

5 min readNov 8, 2022

Hello, World! In this short article, we will tell you about Eladrea Tokenomics basics, the project’s general utility token, and its distribution.

Dual-Token System

The Eladrea has a Dual-token system constructed from $ELDR and $FEA, where $ELDR is a general Metaverse utility token while $FEA only values in-game. But it’ll be crucial to have them both for high-tier upgrades and further game progression.

Let’s introduce you to our general utility token, $ELDR.

$ELDR is a community token for all Fantasyverse projects. Up to 5 projects are planned in the Fantasyverse in the next 5 years. $ELDR gives a number of benefits and provides access to certain features within all ecosystem games. At this stage of Eladrea's development, $ELDR can be used for:

You’ll have the opportunity to purchase various in-game stuff *
Upgrade your hero to the high-tier levels*
Bet with it while gambling in taverns with NPCs or other players.
Transfer your heroes through Fantasyverses
Or purchase an entry pass for high-level content.
Withdraw $ELDR tokens that you’ve earned in-game directly into your wallet at any time
Please note that enjoying Eladrea does not require the user to own an ELDR token. The token provides additional incentives and benefits for a more intense gaming experience.

Token Distribution

$ELDR distribution:

It is planned to distribute 1,05% (105 million tokens) of the total
circulation at the time of the token’s introduction in the market.
Of which 1% (100 million) of tokens are in liquidity pools on exchanges
(included in the order book)
And only 0.05% (5 million) of tokens are unlocked tokens of investors.
The initial distribution of ELDR tokens (1.05% of the total circulation) will be aimed at securing the network, maintaining its functionality, and
developing the community.
It was not in vain that we allocated 69% of the tokens from the total
circulation for the in-game economy, staking, and ecosystem treasury fund, and only 13% of the tokens were left for the team because in the long run, thanks to the community and joint decisions, we will be able to create a really interesting, user-friendly and people-oriented gaming product that can significantly change the quality of life of each participant of the Eladrea ecosystem.

The maximum distribution period for Eladrea tokens is 6 years. Total 10 billion tokens. The distribution mechanism during this time will be as follows:

● 1% — 100 million tokens. Providing liquidity (these tokens are sent and blocked in liquidity pools on dexes). Unlock 100% TGE.
● 4% — 400 million tokens. Tokens of advisors (1-year cliff and then quarterly 4 years vesting).
● 13% — 1,3 billion tokens. For the Eladrea main team and future employees, quarterly 5 years vesting.
● 17% — 1,7 billion tokens. For the development of the ecosystem (staking, farming) 2 weeks of Cliff and then smooth distribution over the next 6 years.
● 25% — 2,5 billion tokens. Ecosystem treasury fund, 2-month Cliff, and then smooth monthly vesting for
4 years. (According to the plan of 5 different games in the ecosystem until 1 game in the ecosystem vesting for 1/5 part go those tokens, after each new game launch will add the next 1/5 bunch of tokens with smooth vesting for 6 years).
● 27% — 2,7 billion tokens. For in-game economy 2 weeks of Cliff and then smooth daily distribution over the next 6 years. (According to the plan of 5 different games in the ecosystem until 1 game in the ecosystem vesting for 1/5 part go those tokens, after each new game launch will add the next 1/5 bunch of tokens with smooth vesting for 6
years).
● Pre-seed 0.8% — 80 million tokens $0.0055 for a total of $440 000 (cliff 6 months then smooth daily vesting for 2 years).
● Seed 5.7% — 570 million tokens $0.0075 for a total of $4 275 000 (cliff 6 months then smooth daily vesting for 2 years).
● Private A 3% — 300 million tokens $0.0125 for a total of $3 750 000 (cliff 3 months then smooth daily vesting for 2 years).
● Private B 3% — 300 million tokens
$0.0155 for a total of $4 650 000 (cliff 3 months then smooth daily vesting for 2 years).
● Public 0,5% — 50 million tokens. $0.025 for a total of $1,250,000 (10% on TGE, cliff 1 month, and then smooth daily vesting for 10 months).

$ELDR Mining and Burning:

Mining

Obtained in battles (Quests, Bosses, Guild Wars)
Smart-NFT(Locks). Affect the passive generation of tokens
Fea Monuments capture. Provides a number of tokens for all and passive token generation within 5 days
Mines (1%)
Seasonal Events and Quests
Early Access (Whitelist)

Burning

Also, we created the token-burning mechanics. Each purchase, upgrade
or any other payment in ELDR token will be 50% burned, this solution
will allow Eladrea tokenomics long term deflation. The remaining 50%
will be distributed accordingly: 10% to developing fund and 40% will lock
in smart contract for future in-game economy and development fund
initiatives, because we are planning to build and develop long term
games where in future we may faces lack of tokens because of deflation
mechanism, but all these locked tokens may be unlocked only by voting
of ELDR community.