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  1. ECONOMY

Economy

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Last updated 12 months ago

Flows

In the Crypterra economy, $ERA moves between the user, the game contract, and the user's personal reward pool. With the Oracle system, all in-game rewards and prices are fixed in US dollar equivalent.

Oracle

We are introducing an Oracle system that sets all in-game prices in USD equivalent, while maintaining $ERA as the only currency of the game. Thus, the volatility of the token price won’t change the entry cost, which will ensure a constant inflow of new users into the game. This also provides an opportunity for long-term planning when playing the game.

Game contract

The heart of the Cryptera economy is a game contract that stores ERA tokens for rewards. Tokens in this pool come from mints and consumables fees and are paid out of this pool for successful expeditions.

User's Reward pool

After a successful expedition, $ERA tokens go into the user’s reward pool. Please note that there is a 30% early withdrawal fee for your $ERA rewards when claiming. This fee is reduced by 2% every day (once you go on your first expedition of the day) until it reaches 0%.

You can spend your $ERA in your personal reward pool on minting, recovering HP and ENERGY, MEDICAL MODULES, and unlocking NFTs without that fee.