14. Monopolon Economics
Monopolon’s tokenomics are devised to keep the price of $MLON and $MGM in a growing uptrend as consistently as possible.
$MLON’s purpose is to allow the purchase and sale of NFTs in-game. $MGM is earned through the ownership of these NFTs. $MGM is generated from mining, looting and farming within the game. $MLON can also be sold for $MGM in Monopolon’s P2P marketplace.
A liquidity pool will allow you to swap your $MGM for $USDT. This liquidity pool will be replenished once demand outgrows the supply of $MLON. This benefits all of Monopolon’s stakeholders: players, investors, and the organization itself.
An additional pool of $MLON to $USDT is planned for launch to further fuel this cycle once Monopolon’s development enters more mature stages.
An ecosystem where CeFi and DeFi converge
Monopolon is designed with a burning desire to merge the best aspects of CeFi and DeFi so they compliment each other. By integrating traditional and decentralized finance, Monopolon aims to become a pioneer in the space with a self-sustainable hybrid model that the crypto world has not yet seen.
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