A deflationary token needs to have:
The MARTIA token satisfies all of these requirements:
1. 12 billion fixed maximum supply
2. The quantity of MARTIA token released per hour follows this formula
MARTIA released = [Active collection strength] * [Volume of unreleased MARTIA] * [fixed coefficient]
There are multiple methods for burning MARTIA, with more details below:
One of these mechanisms is burning a percentage of in-game store sales. The in-game store plays a major role in the economics of the game, acting as the marketplace where sale of items, upgrades, land, and other assets will take place. In-game store transactions are facilitated with MARTIA as the core currency and 10% of the sales proceeds are burned.
Another burning mechanism will be the ability to send off vehicle NFTs to perform activities around the colony, experienced as mini games. Initially, this will cost an increasing quantity of MARTIA for each attempt within the day, with increased rewards too.
All of this MARTIA is burnt.
Later on, players will have the choice to spend MARTIA to initiate these games or to spend Power.
More burning mechanisms will be introduced as the gameplay progresses in order to promote economic equilibrium.
Once the Total Supply of MARTIA is reduced to a given threshold, any MARTIA that would have been burnt will be sent back to the Bank (bank.mars) for re-circulation to the players.