How the Frenzy PHow the Frenzy Pass is used in play-to-earn pools while maintaining the $LAVA economy.ass is used in play-to-earn pools while maintaining the $LAVA economy.
Currently, puny mortals are harvesting between 1 and 300 $LAVA a day by playing Berserk or VulcanVerse (either as an owner or Cedalion).
However, Vulcan Forged has 12 games to its roster. Most are leaving BETA stage and so more $LAVA will flow.
Some of our games though aren’t PvP and the $LAVA reward system is a little different. This system is known as the FRENZY System.
The following games will implement the Frenzy System, with more to come:
- Vulcan’s Tower Defense
- Vulcan Runner
- Tartarus
As you can note, these games don’t involve ‘fighting’ other players, but instead your performance on each ‘run’ within the game is taken into account.
In the FRENZY System, a user can enter a $LAVA pool in a 24 hour time period. The user would pay 1 $LAVA as many times as they want within that 24 hours. This 1 $LAVA would give them one ‘run’ at the game (until they are slain, defeated, die).
At the end of the 24 hours, the Top 50 scores/times will win a share of 50% of the $LAVA from all users paid enter. For example, if there are 10,000 entries that day, the Top 50 users will share 5000 $LAVA between them. The other 50% will be burned. We also add bonus $LAVA to get things started off.
Benefits of Frenzy Pass:
1) Remove the Berserk Starter League cap (set at 7 $LAVA)
2) Remove the VulcanVerse $LAVA cap (set at 15 $LAVA)
3) Play Vulcan Runner Frenzy games:
— Two Vulcan Runner leagues:
–Free to play– anyone can join, with or without a Frenzy Pass. Vulcan add’s 1 $LAVA per unique player in that 24 hour period, to the pool, which will then be distributed among the winners.
–Frenzy pool: 1 $LAVA to enter. Vulcan adds 5 $LAVA to the pool per unique player in that 24 hour period, which will then be distributed among the winners.
Free to play pool: a maximum of 50 games a day per player
Frenzy pool: unlimited playing
4) Play Tower Defense Frenzy (coming soon)
5) Play Tartarus Frenzy (coming soon)
An essential method to retain a secondary token’s value is to make sure there is demand for it. $LAVA has multiple use-cases and can be used in upgrades and soon, Elysium NFT transactions. Another, is to make sure there is a limited supply and it’s not overly-inflationary.
That’s why the FRENZY system works so well. It ensures $LAVA used in the Frenzy System decreases in supply as it’s ‘recycled’ i.e. users are only taking $LAVA of other entrants plus half of it burned.
Costs Of A Frenzy Pass:
To enter the Frenzy $LAVA pools you will need a Frenzy Pass.
There are three types:
1 day: 15 $LAVA
1 week: 75 $LAVA
1 month: 200 $LAVA
Note- 50% of these fees are burned, the rest goes to the $LAVA prize distribution wallet (to be distributed to the winners)
This allows the $LAVA demand to increase in correlation with the amount of new users wanting to join the ecosystem and take part in the play-to-earn Frenzy pools.
Cedalion Discount
Cedalions get 25% discount on the above $LAVA fees. A Cedalion is someone who owns no land in VulcanVerse.
To clarify, a Cedalion buying a monthly Frenzy pass, pays 5 $LAVA per day for all of the above mentioned benefits + the $LAVA caps removed.
We believe these Vulcanomics maintain a healthy economy for $LAVA while incentivizing users to play our ‘infinite games’.
About Vulcan Forged
Vulcan Forged is a blockchain game studio, NFT marketplace, and NFT minting engine. Vulcan Forged is the creator of VulcanVerse and Berserk, and many other games. The ecosystem is expanding rapidly, and many games are being enabled within the play to earn economy.
The native token used within the ecosystem is $PYR. The secondary token $LAVA acts as a play to earn tokens. This dual token economy structure is ideal for play to earn. Scholars will earn $LAVA while playing the Vulcan Forged games and will be able to forage special NFTs while in-game. These can be sold on the Vulcan Marketplace for $PYR.