MTB Token - P2E Rewards
As ETNA Network || Game continues to develop all aspects of its ecosystem, ensuring that each technology niche are designed to be optimal so as to ensure long-term sustainability, scalability and profitability is our goal. As such, ETNA Network introduces its gaming rewards token called the ETNA Metabolism Token, MTB for short.
MTB Token is the network's utility and Gaming Rewards token. It is a multi-utility rewards token for the game ecosystem is a key part. The rewards token is one with several use cases as listed below:
- 1.Serves as ETNA Game rewards token. It is the currency that will be used to reward players in ETNA’s Network play-to-earn games, in all the modes including the adventure mode.
- 2.MTB token can be used by a player to revitalize heroes’ metabolism level. Instead of a player waiting for a heroes’ depleted metabolism level to be replenish after 24hrs, the user can use the METBO token to revitalize it instantly.
- 3.MTB Tokens are also used to level-up heroes. A player levels up his/her game character by locking up or burning an amount of MTB tokens in the leveling up mechanism. Level up as used here is when a heroes metabolism level in enhanced or boosted up significantly.
- 4.In EtnaVerse, which is a metaverse of lost treasures in the adventure/quest mode of ETNA Game, MTB Token is used as a medium of making in game purchases of rare and very valuable collectibles.
- 5.In addition to the above primary use cases, MTB tokens can be staked and also mined. Stakers and liquidity miners earn more MTB tokens as rewards. Cross staking is also possible where ETNA stakers can choose to stake in pools that rewards in MTB tokens.
- 6.As development progresses, more utility/sinks will be implemented and integrated.
Similarly, we can see that MTB token have so many utilities within the ecosystem just like ETNA and with more development and adoption growth of the play-to-earn and EtnaVerse all the use cases will be realized.
The following is a breakdown of MTB token's supply and distribution.
- The Liquidity allocation is unlocked and will be supplied to Pancakeswap and Quickswap respectively, after the sales.
- IDO allocation is 50% unlocked and will be distributed to participants immediately after the sale. The remaining 50% is locked for 30 days and 10% is distributed every 30 days. That is: 50% at TGE, 10% 30 days after TGE, 10% 60 days after TGE, 10% 90 days after TGE, 10% 120 days after TGE and 10% 150 days after TGE.
- Marketing allocation is locked and only distributed 10% at a time for marketing.
- Staking and LP farming allocation is locked and pays rewards to stakers and LP farmers over several years.
- Play-to-Earn Rewards allocation is locked and pays rewards to game players over several years.
The Metabolism (MTB) token generation event involves an IDO event where a small percentage of the supply is sold.
- 1.150,000 BUSD and 150,000 USDC supplied to Pancakeswap and Quickswap respectively for MTB liquidity.
- 2.The remaining is used for marketing and development
MTB will be listed on Pancakewap and Quickswap at 0.00012 BUSD and 0.00012 USDC respectively.