SOL (SummOnersLeague) Policy
SOL is a utility token of Summoners League within the WEMIX platform.
SOL can be created by consuming Blue Gems, which are the in-game
currency that can be acquired through playing in-game content. Note that
there is a daily limit on the quantity of SOL that can be generated.
Blue Gems can be obtained by anyone through playing in-game content.
However, rewards are structured in tiers, allowing players who
consistently play the game and strive for continuous progression to
claim more Blue Gems.
Through this digital asset, users can freely distribute (store,
exchange, sell and purchase) SOL tokens outside the game, by converting
in-game currency to SOL tokens. Additionally, users can convert SOL
tokens to in-game currency to further enhance enjoyment of the game.
SOL Issuance and Distribution Plan
- • Maximum Supply of SOL: 1,000,000,000 SOL
- • SOL Distribution Plan
SOL Distribution Plan |
Category |
Supply |
% |
Description |
In-game Economy |
650,000,000 |
65% |
Exchangeable quantity of SOL tokens |
Marketing |
110,000,000 |
11% |
For marketing use (e.g., Airdrops) |
Ecosystem Reserve |
160,000,000 |
16% |
Reserved funds for DeFi program and emergency situations |
Team |
50,000,000 |
5% |
Provided to development team for 2 years after 2 years of lock-up
period
|
Platform Operation |
30,000,000 |
3% |
Funds for operations on the WEMIX platform |
Total |
1,000,000,000 |
100% |
|
SOL - Exchange Blue Gems for SOL
-
• Players can exchange Blue Gems for SOL tokens at Summoners League.
Blue Gems can be obtained through certain ways within the game.
-
• The quantity of Blue Gems consumed for SOL token exchange varies, in
proportion to the cumulative total of Blue Gems in game.
-
• The quantity of Blue Gem exchange is calculated based on the fixed
value(100 Blue Gems) plus the cumulative total. Any decimals are
discarded.
-
• Cumulative total: Total number of Blue Gems generated up to the day
before exchange, divided by 200 million.
-
• The supply of Blue Gems at Summoners League will be adjusted based
on the number of players, and there is no limit to the total number of
Blue Gems that can be distributed. If the number of players decreases,
the supply of Blue Gems may also decrease.
- • Players can exchange up to 40 SOL tokens per day.
-
• The quantity of Blue Gems that can be exchanged is automatically
updated at 00:00(UTC+8), and the daily limit on the total number of
token exchanges is reset.
SOL - Exchange SOL for Blue Gems
-
• Players can exchange SOL tokens for Blue Gems at any time from the
‘SOL Smelter’ within Summoners League.
-
• The cost of exchanging SOL token for Blue Gems is calculated using
the same method as above.
Obtaining Blue Gems
-
• Blue Gems can be obtained through various ways offered within the
game.
-
◦ Blue Gems cannot be acquired through in-app purchases and can
only be obtained through gameplay or by using the ‘SOL Smelter’
within Summoners League.
-
◦ Gameplay: Trophy rewards, daily mission completion rewards,
victory rewards at Master League, season-end ranking rewards are
all ways to obtain Blue Gems.
-
◦ The higher the season rank, the more Blue Gem rewards will be
given.
-
◦ Players can exchange SOL tokens for Blue Gems at the SOL smelter
Consuming Blue Gems
-
• Players can consume Blue Gems through the following methods:
-
◦ Blue Gem Shop: Players can purchase Awakening Stone Chests and
Skill Scrolls to upgrade heroes and summoners, respectively.
-
◦ Hero upgrade: Players need a certain amount of Blue Gems in
order to increase the levels of heroes who have reached their
maximum level.
-
◦ SOL token exchange: Players can consume Blue Gems to exchange
for SOL at the SOL Smelter.
-
◦ Blue Gems consumed by a player through the abovementioned
methods are included in the “Cumulative Blue Gems consumed”
category of the “SOL - Exchange Blue Gems for SOL” section. These
Blue Gems affect changes in the cost of exchanging SOL token.
SOL Characteristics
-
• Utility Token
-
◦ SOL serves as a utility token that can be exchanged for Blue
Gems, which are an invaluable asset in Summoners League.
-
• Mobility Currency
-
◦ As a tradable mobile token based on blockchain technology, SOL
can be freely purchased and exchanged for other blockchain assets.
-
◦ It is not bound by game servers, game worlds, or even the
barrier between the game and reality.
-
• Clear Intrinsic Value
-
◦ SOL is used to exchange for an essential in-game resource called
Blue Gems, giving it an objective intrinsic value.
-
• Sustainable Blue Gem Circulation
-
◦ In the game, the regeneration of Blue Gems will be optimized
based on player activity and the number of players who have
reached ‘Master League’ level within the server. Additionally, by
limiting the maximum daily SOL exchange amount per account,
Summoners League aims to minimize the impact of inflation on the
intrinsic value of the utility token and game development over
time.
-
◦ By using consumable items that can be purchased at the Blue Gem
Exclusive Store, players can receive unique buffs that provide
advantages in gameplay. As a result, players are encouraged to
purchase Blue Gem Exclusive Items to achieve higher ranks, leading
to continued consumption of Blue Gems. Each season, Blue Gems are
redistributed according to rankings, creating a cycle of
consumption and redistribution.
-
◦ Players can trade Awakening Stones and Skill Scrolls that have
unique abilities and can only be purchased with Blue Gems, as NFTs
on the WEMIX marketplace with other players. Players are
encouraged to purchase and consume items that are advantageous for
their seasonal rankings.
This policy has no legal binding force and may be subject for change,
depending on the condition of the service.