Allocation
There are two scenarios for allocation:
- 1.We do not set up any pool and let the game organically mint the tokens.
- 2.We set up pool just to create the initial liquidity.
The considerations is that if there is not enough initial $PLB supply, the price of $PLB may be excessively high and hamper adoption of our game - as Accessories to boost the main NFT will be bought in ETH + x# of PLB.
For option 2 and example follows, but we are likely to set up a pool after a 3 month review after our open beta launch.
AS AN EXAMPLE:
$PLB has a 10,000 pre-mint supply.
$PLB is further minted through game play of the conversion of $GLB to $PLB.
The pre-mint supply will be used to set up a liquidity pool on both Uniswap and a CEX.
No more than 5% of the MAYG reserve will be used to set up the initial $PLB pool on Uniswap and market making on a CEX.