πŸ’ΉChapter 3: Cryptopia Platform Economy and Token Design

3.1 CPI Governance Token

CPI is the eco-native token of Cryptopia and the common interest certificate of users, partners and Cryptopia protocol. The maximum issue of CPI is 1 billion. Find the distribution details in the image below.

CPI applies to all transactions of the Cryptopia public chain. Users use CPI to complete transactions and payments, and partners activate idle assets with CPI. The unification of the ecological currency is more conducive to promoting the interoperability of all applications in the Cryptopia ecosystem, contributing to the reshaping and circulation of the DeFi market. CPI tokens have a variety of usage scenarios:

οƒ˜ Cross-chain bridge GAS charges

Both users and partners do not need to pay GAS fees when using the cross-chain bridge in the early stage. With the increase in ecological volume as the project grows, they must pay a certain amount of CPI as GAS consumption when using the cross-chain bridge.

οƒ˜ Voting power in DAO governance

VeCPI grants voting rights, providing voting rights for community token proposals to mine CPI.

οƒ˜ Game platform circulation

Multi-chain games as the Cryptopia public chain of the first big ecological plate, users in the application scenarios of multiple games need to consume a certain amount of CPI.

οƒ˜ NFT Marketplace

Users using the eco-built NFT Marketplace can reduce transaction fees by paying a certain amount of CPI, thus making it easier for them to participate in the NFT marketplace.

οƒ˜ Cryptopia Social

In the public chat screen on the game platform, you can interact by tipping some CPI to share your game experience and knowledge.

οƒ˜ Third-party game cooperation and docking

Cryptopia is an open platform, that will support APIs and other external games, the cooperation process will consume a certain amount of CPI.

οƒ˜ Common chain ecology

As a public chain of ecological aggregation, CPI aims to improve the liquidity of multi-chain assets and aggregate multi-chain idle assets to realize such operations as public chain ecological transfer and project deployment. In this process, a certain amount of CPI must be paid as GAS fee.

οƒ˜ DeFi (Decentralized finance)

Cryptopia has built a scientific, perfect and reasonable financial service system such as deposit interest rates and lending so that users holding CPI have reliable, decentralized, transparent and traceable asset services.

3.2 Cryptopia Node

The Cryptopia Node is the pillar of the Cryptopia ecosystem, each node makes a key contribution to the ecological aggregation system.

In the Cryptopia ecosystem, users can obtain node identity by purchasing NFTs of Cryptopia ecology, and these NFTs symbolizing node identity can be traded in the NFT marketplace, bringing huge profits to users. Cryptopia nodes enjoy the following scenarios:

DAO governance

Nodes can participate in the governance of Cryptopia network, put forward proposals and vote on the future development direction of the network.

Contribution reward

The pledge node NFT can mine Cryptopia network VeCPIs and exchange CPI tokens when the public chain goes online.

Right of distribution

Cryptopia public chain of the game platform is the first big plate, nodes will enjoy the game platform income dividend income.

Asset tokenization

Each node corresponds to one NFT, and nodes of different levels correspond to different levels of NFT. NFT can be traded freely in the Cryptopia market, becoming unique assets and enjoying the benefits brought by asset appreciation at the same time.

3.3 Scientific Deflation Mechanism

The actuarial team at Cryptopia provides the ecosystem with a scientific deflationary mechanism to stabilize the amount of CPI in circulation and protect token holders.

Cryptopia establishes a CPI buyback fund pool, 20% of trading platform revenue, NFT market/synthetic asset commission, 100% of all game ecosystem consumption within the game platform, and partners' ecological tokens will be repurchased or destroyed.

After Cryptopia is officially launched and listed on the exchange, it will adjust and implement the plan according to the market conditions. The extreme deflation of CPI supply will greatly enhance the rise of its value, and ultimately strengthen the growth, stability and potential of the Cryptopia ecosystem.

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