Dark Planet Governance Token-xDP

Major Update: LP Liquidity Pool and Dark Planet Governance Token-xDP

4 min readJan 29, 2022

To achieve a better game economic model, LP liquidity mining to achieve long-term incentives for project ecology, with $xDP as a game economic control tool, the implementation of dual token logic, circulation in the game, $DP as the basic game currency, mainly undertake overall governance, dual tokens to achieve better game economic logic.

In order to make the game economy model more perfect, the community has launched a major update. LP liquidity mining and game economy currency $xDP have been launched on the original basis. We will introduce them separately below!

LP Liquidity Staking Pool

LP liquidity staking pool is mainly based on DP-FTM spLP tokens as the target for rewards. Players can pledge in the LP liquidity pledge pool to earn more $DP.

Get DP-FTM spLP and Earn exchange fees by adding liquidity

Increased liquidity allows contributors to earn a 0.2% exchange fee on the currency pairs they provide. You can provide liquidity and start earning fees by adding $DP liquidity here . When you provide liquidity, you will receive spLP tokens (Spooky Liquidity Provider tokens) as proof of contribution. For example, if a user deposits $DP and $FTM into a pool, they will receive DP-FTM spLP tokens. These tokens represent the proportional share of collective assets.

Pledge DP-FTM spLP to obtain long-term ecological incentives for the project

Players can obtain long-term incentives for the game ecology by pledging DP-FTM spLP.

Here are some notes

The pledged DP-FTM spLP can still earn exchange fees
There is no limit to the pledge of DP-FTM spLP, the player can release the pledge at any time, and the liquidity can be withdrawn at any time.
You will no longer receive ecological rewards if you release the pledge, you can still obtain transaction fee rewards if you hold DP-FTM spLP, and you will no longer receive any rewards after you withdraw liquidity.
The initial pledge bonus pool produces $2000 DP per day, which means that the pledged DP-FTM spLP will always receive $DP rewards. The specific number of rewards depends on the proportion of your pledged share to the entire pool.

DP Staking pool

In order to implement a better game economy model, the community launched xDP token. DP changed to base token, xDP is released by staking DP.

The following aspects are introduced in detail:

Benefits of xDP

Participate in project governance
To participate in the game economy, you must have xDP and play to earn.
Purchase virtual items in the meta world
Ticket fee
Market exchange DP, initial price: 1xDP = 30 DP
Explore more Defi based on xDP.

The total amount of xDP ? How to get it ?

Total: 100 million

(Note: At startup, we will provide initial liquidity, 10000 xDP — 300000 DP, initial price: 1 xDP = 30 DP)

xDP needs to be mined by staking DP. Users who stake DP to mine xDP, may claim xDP at any time. Starting from the current mortgage date, a mining cycle is 60 days. After the mining cycle, users may continue mining xDP or begin the withdrawal process of their originally staked DP. After the mining cycle of 60 days is complete, users may withdraw their staked DP in a series of four transactions. Each withdrawal transaction must be greater than 10 days from the last withdrawal.

Tokenomics & Launch

Start three days: emissions of 20000 xDP/day;

After three days: emissions of 10000 xDP/day;

The influx of new users will increase the demand for xDP. As the game improves and the number of users increases, this market needs more xDP. The value of xDP will increase as the game improves and the number of users increases. Use xDP to capture the growth value of the project.

Summary

The Dark Planet has achieved great success since its launch. A large number of players from all over the world have gathered here to support the project. We have been exploring to give more rights to users who have supported the project for a long time.