DUST

1. Project introduction

DeGods is a digital art collection and global community of creators, developers, entrepreneurs, athletes, artists, experimenters and innovators.

DeadGods are a fine art upgrade of the original DeGods and they also generate more DUST. DeadGods are the mutated forms of DeGods that earn 7.5 DUST/Day while DeGods mint 2.5 DUST/Day. This can be initiated by spending 1000 DUST to change the metadata of your DeGod to reflect 1 : 1 swaps for DeadGod traits.

DeGods can be burned by their holder to claim DUST held by the DeDAO treasury. If the DeDAO Treasury doesn’t hold enough DUST, then the burn is queued. Only ONE DeGod can be burned per day within the entire collection. DeGods that are put in the Burn Queue, cannot be taken back out and will be on queue until it has reached its turn to be burnt. It queue will be organized DAILY, such that the most common DeGod will be burnt first and Commons will be rare. DeadGods can not be burned.

2. Investment institution

FTX Ventures、Jump Capital, etc.

3. Application and distribution

Max. supply: 33,300,000

Token application:

Dust is an SPL token on the Solana Blockchain. It was created with a starting supply of zero. Most premium perks require our system's DUST token like art upgrades, premium merch, access to exclusive community events, games, and products. The only way to DUST can be created is by either:

(1) Burning NFTs;

(2) Staking a DeGod.

Token distribution:

There will be 3 halving periods. Each halving will reduce DUST staking rewards by 50%.

(1) 16,650,000 DUST tokens mined.

(2) 24,975,000 DUST tokens mined.

(3) 29,137,500 DUST tokens mined.