Soul Whitepaper
Soul Token is a token of Soul Seeker Knights issued on the WEMIX
platform, which can be obtained by exchanging resources within the game.
The value of Soul is maintained by the value of derived in-game
resources. It also has an inherent objective value, allowing free
exchange, collection, selling, and purchasing outside the game.
Soul Usage and Distribution Plan
TOTAL SUPPLY: 100,000,000 Soul
Distribution plan
| Soul Distribution Plan |
| ALLOCATION |
QUANTITY |
RATIO |
REMARKS |
| Ecosystem |
85,000,000 |
85% |
Naturally supplied according to the designed game logic |
| Platform Operation |
3,000,000 |
3% |
|
| Marketing |
5,000,000 |
5% |
Supplied for marketing activities (Airdrop events, etc.) |
| Team |
7,000,000 |
7% |
Provided to development team with 3 years lock-up period |
| Total supply |
100,000,000 |
100% |
|
* The allocation may change depending on the service’s condition and will be announced in advance if any updates occur.
Soul Features
- ▪︎ Players can exchange Soul Fragments items for Soul in Soul Seeker Knights. Soul fragments items can be obtained through specific in-game methods.
- ▪︎ Items obtained with Soul can be used for acquisition of heroes or equipment, and hero enhancement. They can also be used in the shop to purchase items and access special effects. In the future, the utility of Soul in the game will be further upgraded to increase its overall value.
- ▪︎ The exchange rate between Soul and pWEMIX$ is determined by the market's demand and supply dynamics, and it may vary based on fluctuations in value.
- ▪︎ The total quantity issued and daily withdrawal limit for Soul are fixed to ensure the stability of their values. With the dividends that increase daily, players will receive bonuses, creating a stable profit. With the stable value and profit, the investment value of Soul will be increased.
Exchange Formula
Previous day's exchange rate (If the previous day's exchange rate is not available, use the base exchange rate + commission) + based exchange rate * (((Previous day's exchange amount - Target circulation amount) / Server's maximum production limit) * 0.2).
Base exchange rate between Soul Token and Soul Fragments is 1:70.
Set withdrawal fee of 10 Soul Fragments (Basic exchange fee is 10%)
Target Circulation Amount -> 1,000 ~ 5,000
Server's MAX Exchange -> 10,000
Daily Soul Token Exchange Limits
- - Anywhere from 1 to 100 Soul Tokens
- - Cooltime : 1 day (24 hours)
- - Server’s MAX : 10,000 Soul Tokens -> If the total Soul token production within the server reaches 10,000 units, on that day, Soul token production will be unavailable
Soul Fragments -> Soul Exchange
- ▪︎ Players can exchange their Soul Fragments into Soul tokens daily, following a predetermined exchange rate.
- ▪︎ After the game is officially launched, the base exchange fee will be 110 Soul
(Default exchange rate + Base commission).
- ▪︎ The exchange rate of Soul Fragments to Soul tokens is renewed every day at 00:00 (UTC+9).
Soul -> Soul Fragments Exchange
- Players can exchange Soul tokens into Soul Fragments daily, following a predetermined exchange rate.
- The exchange rate is 1 Soul Token to 100 Soul Fragments
However, it may vary based on the exchange rate from Soul Fragments to Soul Tokens.
- The exchange rate of Soul Tokens to Soul Fragments is renewed every day at 00:00 (UTC+9).
As the game develops and the number of players increases, the need for Soul is expected to increase.
Total amount of Soul tokens can be further regulated by a burning mechanism, be there such a need.