Tokenomics
The UMI Walk game tokenomics is based on the UMI coin tokenomics and supplements it with new opportunities to multiply coins for physical activity.
When receiving or enhancing Shoes, the user is charged a
10%
commission, which is used to receive affiliate rewards from higher-level inviters. The commission is included in the amount of the Shoes and thus is completely invisible to the user and does not cause any inconvenience.
The generation of new UMI coins occurs as the user walks and clicks. If the user fulfills the daily norm for the number of steps/clicks, he gets the maximum reward. If the norm is not met, he receives a portion of the reward corresponding to his number of steps/clicks.
In this way, the game encourages users to maximize their involvement and maintain daily physical activity.
To avoid inflation, the game does not calculate compound interest. The reward is calculated solely based on the amount of coins that were used to obtain and improve Shoes.
Also, each type of Shoe has a certain expiration date, after which it stops generating coins. To continue receiving the reward, the user needs to obtain the same Shoe again or improve it to a higher level.
A withdrawal limit is used to stabilize the tokenomics of the game. Award withdrawal is available at any time after the conditions are met by inviting friends.
Also, to get rewards from Shoes of level higher than level 1, you must invite friends to the game. Friends must be active, have a valid Shoe of level 1 or higher. Access is opened for the next number of people invited:
Level 2—10:
1 invitee
Level 11—20:
3 invitees
Level 21—30:
6 invitees
Level 31—40:
10 invitees
Level 41—50:
15 invitees
Level 51—60:
21 invitees
Level 61—70:
28 invitees
Level 71—80:
36 invitees
Level 81—90:
45 invitees
Level 91—100:
55 invitees
Until the required number of invitees is reached, the reward is accumulated on the frozen balance and is not available for withdrawal. As soon as the required number of invitees is reached, the reward for the corresponding level is unfrozen and becomes available for withdrawal.
In addition, when withdrawing the award:
20% of the amount is transferred to the trading address. These coins can be immediately disposed of at your discretion.
80% of the amount is transferred to the staking address. These coins are multiplied, but their monthly withdrawal is limited by UMI tokenization rules.
The amount of withdrawal to the trading address can be increased (up to 100% per trading address) by reaching new Statuses in the affiliate program. This encourages users to develop their team and invite friends.
The tokenomics levers described above allow the game to grow safely and reward players for their activity, while encouraging sustainable development without devaluing the coin.
Thoughtful tokenomics and balance are the key to player well-being and long-lasting prosperity of UMI Walk!