Economy

League Of Ancients economy is composed of the NFT Marketplace , DeFi and In-Game Economy that help sustain the development of the game. NFT Marketplace provides a platform for users to trade their NFT skins to obtain different rarity levels of NFT skins. Users can also stake other tokens to obtain $LOA tokens on the platform through pairing.

1. NFT MARKETPLACE

Where users can trade, buy and sell their NFT skins.

The detail breakdown of Trading, Listing & Unlocking Fees can be found here. Fusion fee will be released shortly prior to the launch.

2. DEFI/STAKING

Where users can stake tokens to earn more $LOA tokens. As we grow our network of partnerships, Liquidity Pool and several other tokens may become available for staking on the LOA platform.

3. EVENTS

Players will have several ongoing opportunities to earn rare NFT skins and extra $LOA tokens. These events include but are not limited to, Raffle Events, In-Game Exclusive Events and esports Tournaments.

4. TREASURY POOL

All profits & revenues across the platform will be kept in the Platform's Treasury for the purpose of recycling and reducing the circulating supply of $LOA Tokens. 20% goes to the team which is contributed to the cost of long-term game development. As a result, this will reduce the total supply of the token.

As a community-driven project, what the team does with all profits & revenue kept in the Treasury Pool will be decided by governance vote through DAO in the future.