Tokenomics

$PYR

Vulcan Forged has its own unique token $PYR that can be used as a settlement, staking and gaming utility token. $PYR powers the entire Vulcan Forged ecosystem.

$PYR can be purchased directly on the Vulcan Forged website or traded on a number of exchanges.

$LAVA

$LAVA is the silver to the gold of $PYR. It’s our play-to-earn token and, as such, it is plentiful. You’ll earn Cold $LAVA from playing some of our games ($LAVA addition coming to an increasing number of games soon). This will warm up and will be ready to claim as Hot $LAVA (the on-chain cryptocurrency) after 3 days.

Once you’ve earned $LAVA, here’s a list of what you can or will soon be able to do with it:

• Upgrade Land
• Purchase consumables in-game
• Upgrade Vulcanite stats
• Activate NFT seeds
• Unlock game features in different Vulcan Forged games
• Staking in the VulcanDex, our decentralised exchange
• Purchase in-game assets
• Upgrade Gods
• Foraging rewards unlocks
• Enter Tournaments
• Stake Cold $LAVA in the Vulcan City $LAVA Bank
• Summon higher level Vulcanites for a short period
• Guild economy inc. registration, HQ, customisation etc with $LAVA rental fee
• Customisation options from a VulcanVerse shop
• Crafting economy — workshops, the Blacksmith etc
• VulcanVerse city wall adjacent plot assets
• Courier NPCs to send letters & notes to other users
• Road quick travel transport
• Corner / gate plot portals to Vulcan City

Fees:

Seed activation fees

Land upgrade fees

Upgrading Vulcanites

Upgrading and maintaining Titans and Olympians (Gods)

Elysium transactions

Burn:

(Every single lava expenditure route is a 100% burn)

All seed activation costs

Fees for upgrading Vulcanites

All God upgrade and maintenance fees

All land upgrade fees

Purchasing consumables in-game via NPCs

$GSP

$GSP is Vulcan Forged's gold, silver and platinum backed stablecoin on the Elysium layer 1 blockchain.

$GSP is backed by real and scarce metals:

• Gold – 80%
• Silver – 15%
• Platinum – 5%

XP

XP or ‘experience points’ are earned throughout the Vulcan Forged ecosystem. Your earned XP is a metric displaying what you have put in- time, effort, all of those Berserk wins, those landmark visits in VulcanVerse. XP holds no monetary value, is held off-chain, and cannot be traded. You can earn XP from the majority of our games at present from beta builds onwards. Your XP is viewable under the Earnings tab of your My Forge account. So you’ve built up your XP. What can you do with it?:

• Level up your Avatar
• Level up your Vulcanite’s Stats (now including Level 0 Vulcanites)
• Participate in events (dependent on the account level)
• Gamble in Vulcan Poker
• Upgrade items / appearance
• Unlock features in Berserk
• A constant flow of XP is necessary to be able to Stake Land (inactive game accounts won’t receive staking rewards).