Valkyreum Token Policy

Written on: 23.07.28

Valkyreum is an utility game token that oversees the blockchain ecosystem of Valkyrious.
It is a digital asset with distinct utility and value that can be exchanged for ‘Zent’, a crucial currency of the game, which could be used to purchase in-game items.

Valkyreum’s Goal

• We plan to further develop the ecosystem of Valkyreum by solidifying the tokenomics of Valkyrious through preserving the value of Valkyreum with a balance of its supply and consumption.

Valkyreum Issuance and Usage Plan

• Total Issuance: 1,000,000,000 Valkyreum

• * The value could be adjusted depending on the service condition, and will be announced in advance if any.
• ** Detailed release schedule after the lock-up will be announced later.

About Zent

• Zent is one of the main currencies of Valkyrious.
It is used to purchase essence, one of the currencies required for upgrading the Valkyries, and its usage will be extended in the future.

How to acquire Zent

• • Zent can be acquired by using Swap feature in the Wallet or decomposing Valkyreum purchased on DEX at the Token Exchange. The amount of Zent acquired by decomposing varies depending on the exchange rate.
• • Zent can be acquired by using Zent Battle Energy, given each day, in a dual PVP content Zent Battle.
  By doing so, players can acquire Zent regardless of the result of a battle.
  Players can still enjoy Zent battle without using Zent Battle Energy, but cannot acquire any Zent.
• • Zent can be acquired by participating in the Tournament, a special PVP content that requires an entry fee. Players can acquire more Zent by ranking higher in the Tournament.
• • Zent can be acquired in various in-game contents which are to be added in the future.

Flexible Exchange Rate of Valkyreum

• • When combining Zent into Valkyreum or decomposing Valkyreum into Zent, a flexible exchange rate will be applied based on the value of Valkyreum and the key metrix of Valkyrious.
• • The exchange rate will be initially set as 100(Zent):1(Valkyreum), and it can be flexibly adjusted down in multiples of 10 to a minimum of 10:1 it the opening of a new season (league). Adjustment of the exchange rate will be announced in advance through community channels if any.

How to acquire Valkyreum

• • Valkyreum can be acquired by combining ‘Zent’ at the Token Exchange.
• • Valkyreum can be combined from a league rank of silver or.
• • Valkyreum can be combined from the bronze rank if players purchasePremium Exchange Upgrade from the in-game store.
•    * "Premium Exchange Upgrade" are temporarily unavailable for purchase starting at 07:00, 11/29/23 (UTC+0)
• • 5% fee(Zent) will inccur when combining.

Cautions when combining Valkyreum

• • When the price of Valkyreum drops below the *base price, the Combining system is automatically disabled, and Combining at the in-game Exchange is unavailable.
  The disabled Combining system will automatically reenabled when the Valkyreum's price at the time reaches the base price or higher.
• • *Base price: The price of Valkyreum that is reduced by a certain percentage (which is determined by Valkyrious) from the list price.
• • The maximum combinable amount of Valkyreum varies depending on players’ league rank, exchange rate, and whether they have purchased Premium Exchange Upgrade.
• • Based on the exchange rate of 100(Zent):1(Valkyreum), players can combine 2~7 Valkyreum’ per day, depending on their legue rank. The maximum daily combination limit per player may be adjusted up to 25 Valkyreum’ depending on the exchange rate.
• • Based on the exchange rate of 100(Zent):1(Valkyreum), the daily combination limit for all players is 100,000 Valkyreum. It may be adjusted depending on the exchange rate.
• • The daily combination limit per player and for all players will be reset at 00:00 UTC the following day.

※ This token policy has no legal binding, and could be adjusted depending on the game service condition.