Learn the $Value of $Waste
A DeFi Play 2 Earn on Empowerchain
How can we make a DeFi model that in the most simple and pure economic modelling is reflecting the benefits and necessity of plastic waste collection and recycling to optimise the value coming of waste?
Introducing a Play to earn DeFi modell that mirrors real world waste collection and recycling system, but this is fully DeFi and with a line of tokens that each has its real world parallels, listen up!
- The Airdrop of $Waste
We drop $Waste all over, to all $MPWR stakers and all active Wallets in #Cosmos, a big initial airdrop equal to the total amount of waste created in the world so far. We are talking around 50 billion tons, or 50 trillion KGs!
After this “Waste-Drop” we will continue to mimic reality of our curreent system, by daily emissions of $Waste equal to the dailly globalwaste production, again an insane number, more than 2.2 billion tons of additional solid $Waste is created per year, > 6 million tons per day!
2. Turn $Waste into $Value
Luckily, in this DeFi World, airdropped $Waste can be quite easily collected and deposited for $Value, in the same way that you in the real world can turn waste into value by collection and segregation at source, if you take care of the $Waste, you get your share of the $Value.
3. Grow and optimise the Impact
Once you receive $Value, it can be used to in a couple of different ways.
3.1 You can use $Value to buy $Bins! $Bins (with a Max Cap of 6,136,986 $Bins, equal to daily number of tons of $Waste emissions) can then be installed (or staked in a more common DeFi language) to earn a share of the daily $Waste emissions.
If you go for $Bins, you have to beware of another issue though: $Bins will themselves turn into $Waste after a year, and you would have to replace the old $Bins with new ones to keep collecting $Waste.
3.2 $Value can also be used to mint a Plastic Hero NFTs. The Plastic Hero NFTs get an airdrop of $Waste calculated by taking the total daily $Waste emission, deduct the number of $Waste collected by active installed (staked) $Bins. So initially the Plastic Heroes might be needed and will make a huge difference, but when all $Bins are installed (bought and staked) the Plastic Hero wont get any more $Waste emissions as we have a functioning closed loop system. If only a few $Bins are installed/staked, airdrops to Plastic Hero NFT holders will grow again.
3.3 You can of course also use your $Value in DeFi, LP or other, but that won’t get you more $Bins and not help collect more $Waste, it is really up to you,
Finally, you get $Waste, and you can’t afford any $Bins, $Value is not high enough? Well, you can always incinerate your $Waste and turn it into $Ash instead of handing it in for $Value — maybe then you can use the $Ash to swap for $Value or $Bins in the market, regardless, maybe that provide you a better outcome? Excited, yay or nay?
$Waste to $Value, a DeFi Play to Earn version of the Empowerchains real world model of $MPWR, $EMPs and global incentive tokens for real sorted and segregated waste.
$Wastonomics:
- There is no Max.Cap of $Waste, we can always produce more, but it is predictable
- There is equally no Max.Cap of $Value, it is derived from volume of $Waste collected and delivered properly
- There is a Max.Cap of $Bins, which is enough to catch all daily $Waste generation, early movers will collect more $Waste and capture more $Value
Is $Waste a memé or are Memés Waste?
Either way, by holding and staking $MPWR you tap into both.
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