Mega Maker
  • đŸŸĸMega Maker
    • 📄Summary
    • 📖Introduction
  • 🔘About
    • ❔Mega Maker Overview
      • DAO Ecosystem and the FLIP Protocol
      • Key Gears Comprising the FLIP Protocol
  • 💎Governance
  • 📍Governance Locations
  • 🟠The FLIP Protocol
  • đŸĒ™Tokenomics of MAKER FLIP (MKF)
  • 📃Detailed Tokenomics
    • 🎇REWARDS POOL
    • 🔰Start Liquidity Pool
    • â†—ī¸Inflation Control and Progressive Liquidity Injection
    • đŸ¯Tiger Cyber Labs
    • 🔖Marketing and Services
    • 👨‍đŸ’ģDEVS
    • đŸ™‹â€â™‚ī¸Founders
    • 💖Tiger Institute
  • 📈System Mechanism
    • 🤝1 - Collaborative Mechanisms
      • 💸Contribution and Rewards
      • â„šī¸Global Pool and NFT Collection
      • â‡ī¸Affiliate Program
    • â˛ī¸2 - Deflationary Mechanisms
      • âŗTime-out
      • đŸ”ĨDistribution and Burn
      • âĢHalving
      • 🐋Anti-Whale Tokenomics Strategy
  • 🌟NFT Collection in the Mega Maker Ecosystem
    • Main Functions of NFTs in Mega Maker
    • Requirements for Minting NFTs
    • Minting Event and Global Pool Distribution
  • 🌕The Founder Token (FTKX) in the Mega Maker Context
  • đŸŸĸMakerX in the Mega Maker Context
  • đŸĢTiger Academy in the Mega Maker Context
  • 🔗Official Channels
  • Use Cases of Tiger X Ecosystem Assets
    • 1. Self-Custody Wallet
    • 2. Crypto-Fiat Credit Card (Integrated with the Wallet)
    • 3. MegaXP: The Largest Decentralized Marketplace of Experiences and Benefits
    • 4. Maker Play: Gamification Program to Boost the Ecosystem
    • ✅Conclusion
Powered by GitBook
On this page
  1. System Mechanism
  2. 2 - Deflationary Mechanisms

Time-out

The "Time-out" mechanism is an essential facet for the inflationary regulation of the token. This mechanism is activated subsequent to each contribution, initiating the issuance of rewards available for redemption by participants. The possibility of a massive and immediate liquidation of tokens could induce significant volatility in the coin's price, precipitating a state of FUD (Fear, Uncertainty, and Doubt). To mitigate such risk and ensure market stability, the Time-out operates as a regulatory mechanism, timing the redemptions of rewards.

Operationality and Impact of Time-out Subsequent to the contribution, rewards start to accumulate, being available for redemption at any moment by the user. However, activating the redemption command results in a temporary deactivation of the same, preventing successive redemptions in a short interval. It's relevant to note that, despite this restriction, rewards continue to accumulate, remaining accessible for redemption after the Time-out period ends, which is determined according to the user's NFT classification.

INFT Interaction with Time-out NFTs play a predominant role in determining the intervals between redemptions within Mega Maker. The NFT category establishes the specific time window for each redemption, granting more engaged users greater agility in accessing their rewards. The redemption windows are stipulated as follows:

  • Common: 60 days

  • Bronze: 40 days

  • Silver: 30 days

  • Gold: 20 days

  • Emerald: 15 days

  • Titanium: 10 days

  • Black Titanium: 5 days

Time-out's Contribution to Token Economy

The Time-out mechanism is indispensable for maintaining a favorable balance in the Mega Maker ecosystem. By moderating the redemption intervals, it significantly contributes to preventing abrupt and voluminous liquidations that could compromise the token's economic stability. Moreover, by associating Time-out with NFTs, Mega Maker promotes continuous engagement and active participation in the project, cultivating an environment where commitment is valued and economic stability is preserved.

Thus, Time-out not only safeguards the token's value but also stimulates the formation of a more integrated and dedicated community. This approach demonstrates how Mega Maker incorporates innovative deflationary mechanisms with strategies that enhance user participation, providing a balanced and enduring ecosystem.

Previous2 - Deflationary MechanismsNextDistribution and Burn

Last updated 1 year ago

📈
â˛ī¸
âŗ