Introduction

Staking and liquidity mechanisms are integral to the play-to-earn experience in Web3 gaming, offering players opportunities to earn rewards while contributing to the game's economic ecosystem. My Pet Hooligan, developed by AMGI Studios, integrates staking and liquidity features through its KARRAT token and NFTs, aiming to enhance player engagement and economic sustainability. [1a] [1b] This report will cover:

• The staking options available in My Pet Hooligan, including how they work and the rewards they offer. [2a] [1c]
• The integration of staking and liquidity mechanisms into gameplay, and how they affect player progression. [1c]
• The measures in place to ensure long-term economic sustainability and prevent exploitation of these systems. [3a]

Staking Options and Rewards

My Pet Hooligan offers staking options through its Hooligan NFTs, allowing players to actively participate in the game's economy by earning KARRAT tokens. [2a] [1c] Players can stake their NFTs to earn synthetic carrots (S-KARROTS), which can later be converted into KARRAT tokens, providing a pathway for players to monetize their in-game assets. [4a]

• The staking mechanism is designed to enhance gameplay by unlocking special privileges, though specific details about these privileges are not yet disclosed. [1c]
• Staking rewards are offered in the form of S-KARROTS, which can be converted to KARRAT tokens, ensuring players have a clear path to monetizing their in-game participation. [4a]

Liquidity Mechanisms

While specific details about liquidity pools in My Pet Hooligan are not extensively detailed in the available sources, the game’s KARRAT token is designed to be used across multiple platforms, suggesting potential for cross-platform liquidity provision. [1g]

• The KARRAT token’s interoperability across multiple platforms indicates that liquidity provision could be a key feature in the future, though specific mechanisms are not yet outlined. [1g]

Economic Sustainability

To ensure long-term economic sustainability, My Pet Hooligan has implemented lock-up periods for team, advisor, and early contributor tokens, which helps prevent excessive token circulation and potential market manipulation. [3a]

• Tokens allocated to the team, advisors, and early contributors are subject to lock-up periods of up to four years, ensuring a controlled release of tokens into the market. [3a]
• This approach helps maintain token value over the long term, providing stability for players engaging in staking and liquidity activities.

Conclusion

My Pet Hooligan's staking and liquidity mechanisms offer players meaningful opportunities to earn rewards while contributing to the game's economy. [2a] [1c] The integration of these mechanisms into gameplay, combined with measures to ensure long-term economic sustainability, demonstrates a balanced approach to player rewards and ecosystem health. [3a]

• Staking options through Hooligan NFTs provide players with a clear pathway to monetize their in-game assets, with rewards in the form of S-KARROTS and KARRAT tokens. [4a]
• The KARRAT token’s interoperability suggests potential for future liquidity mechanisms, though more details are needed to fully assess this aspect. [1g]
• Lock-up periods for key stakeholders ensure controlled token circulation, contributing to the long-term stability of the game's economy. [3a]

References

[1] docs.karratcoin.com. Case Study: My Pet Hooligan & AMGI Studios. docs.karratcoin.com. date unknown. Available from: https://docs.karratcoin.com/case-study-my-pet-hooligan-and-amgi-studios

[2] GAM3S.GG. My Pet Hooligan. GAM3S.GG. date unknown. Available from: https://gam3s.gg/my-pet-hooligan/

[3] docs.karratcoin.com. The $KARRAT token. docs.karratcoin.com. 18 Oct 2024. Available from: https://docs.karratcoin.com/the-usdkarrat-token

[4] Kate Irwin. My Pet Hooligan Could Rival Fortnite With Its Vibrant Battle Royale Combat. Decrypt. 3 Jul 2023. Available from: https://decrypt.co/147206/my-pet-hooligan-could-rival-fortnite-vibrant-battle-royale-combat