Game icon

Blocklords

LRDS

$0

-3.43%

73

Chain

    B
    Ethereum
    Immutable X
    Polygon

Platform

  • PC icon

Category

Co-op, F2P, Farming, Grand Strategy, Medieval, MMO, NFT Game, P2E, PVE, PVP, Realistic, Real-Time Strategy, RPG, Strategy

Introduction

Blocklords, a medieval grand strategy MMO, has introduced its native token, $LRDS, to support its in-game economy and long-term development. [1a] The $LRDS token's unlock schedule and supply management strategy are critical components of its tokenomics, designed to ensure sustainability, stability, and player engagement. This report will cover:

  • The daily vesting system and 10-year release plan for $LRDS tokens. [2a]
  • The mechanisms in place to prevent market flooding and maintain token value. [2b]
  • The alignment of tokenomics with Blocklords's long-term development milestones and governance model. [3a]

Daily Vesting System

Blocklords employs a unique daily vesting system for its $LRDS token, ensuring a gradual and predictable increase in supply over a 10-year period. [2a] This approach is designed to minimize price volatility and avoid sudden market shocks, providing a stable growth trajectory for the token. [2d]

  • Daily unlocks ensure a continuous and smooth increase in token supply, avoiding the pitfalls of large, periodic unlocks. [2a]
  • The 10-year release plan aligns with Blocklords's long-term vision, fostering sustained growth and stability in the ecosystem. [4a]
  • No large unlocks occur on specific dates, preventing market manipulation and maintaining investor confidence. [2b]

Supply Management Strategy

Blocklords has implemented several mechanisms to manage the supply of $LRDS tokens effectively, ensuring scarcity and long-term value. [2g] The game incentivizes players to lock their tokens, reducing circulating supply and supporting token value. [2h]

  • Players who lock their $LRDS tokens earn influence, a key in-game resource, which encourages long-term holding and reduces circulating supply. [5a]
  • The initial supply of $LRDS was 8.45% of the total planned issuance, but the current supply remains below this due to token locking and unclaimed allocations. [2i]
  • The maximum total supply of $LRDS is capped at 100,000,000, ensuring controlled inflation and long-term sustainability. [4b]

Alignment with Development and Governance

Blocklords's token unlock schedule and supply management strategy are closely aligned with its long-term development milestones and governance mechanisms. [6a] The game integrates $LRDS into both gameplay and governance, allowing players to influence game development and earn rewards for their participation. [5b]

  • The 120-month vesting period for team and advisor tokens ties token release to long-term milestones, ensuring sustained commitment to the project. [5c]
  • Players can lock $LRDS to earn veLRDS, granting them voting power in governance decisions and incentivizing long-term engagement. [7a]
  • The tokenomics are designed to reward active contributors and participants, fostering a stable and engaged community. [4c]

Transparency and Adaptability

Blocklords has demonstrated transparency in its token unlock schedule and supply management, providing clear information to the community. [2j] The team has also shown adaptability by implementing mechanisms like veLRDS and Auto Max-Lock Mode to respond to market dynamics and player behavior. [7b]

  • Blocklords provides real-time monitoring of token balances and unlocks, ensuring transparency for players and investors. [1b]
  • The Auto Max-Lock Mode allows players to maximize their voting power and influence, ensuring continuous engagement and adaptability to market conditions. [7c]
  • The team actively communicates token supply changes and unlock schedules, maintaining trust within the community. [2j]

Conclusion

Blocklords's token unlock schedule and supply management strategy demonstrate a well-planned and transparent approach, designed to ensure long-term sustainability and player engagement. [2i] The daily vesting system, combined with a 10-year release plan, minimizes price volatility and aligns with the game's development milestones. [2a] Transparency and adaptability are key strengths, with mechanisms like veLRDS and Auto Max-Lock Mode ensuring continuous engagement and responsiveness to market dynamics. [7c]

  • The absence of large, disruptive unlocks and the focus on gradual supply increase ensure stability and investor confidence. [2b]
  • Incentives for locking tokens and participating in governance foster a stable and engaged community, crucial for the game's long-term success. [7a]
  • Future research could explore the impact of tokenomics on player retention and the scalability of incentives as the game grows.

References

[1] Eliza Crichton-Stuart. Understanding the Impact of $LRDS in the BLOCKLORDS Universe. GAM3S.GG. Available from: https://gam3s.gg/news/lrds-token-blocklords-universe/

[2] wiki.blocklords.com. $LRDS Vesting Schedule. wiki.blocklords.com. Available from: https://wiki.blocklords.com/economy/currencies/usdlrds/tokenomics/usdlrds-vesting-schedule

[3] Jenny Jordan. Blocklords launches LRDS token alongside node rewards program. BlockchainGamerBiz. Available from: https://www.blockchaingamer.biz/news/33484/blocklords-launches-lrds

[4] wiki.blocklords.com. 📊Token Distribution. wiki.blocklords.com. Available from: https://wiki.blocklords.com/economy/currencies/usdlrds/token-distribution

[5] Eliza Crichton-Stuart. Everything You Need to Know About BLOCKLORDS Token $LRDS. GAM3S.GG. Available from: https://gam3s.gg/news/blocklords-token-lrds

[6] wiki.blocklords.com. Master Validator. wiki.blocklords.com. Available from: https://wiki.blocklords.com/technology/lordchain/master-validator

[7] wiki.blocklords.com. Governance. wiki.blocklords.com. Available from: https://wiki.blocklords.com/technology/lordchain/governance

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