The Star Atlas Ecosystem has a double tokenomic: POLIS is their governance token, and ATLAS is their in-game currency. I will focus my review on Polis and provide an additional review on ATLAS specific to that token.(https://cyrator.com/post/647c851f7aad909b0a928021?ref=64392b816af5967625fa19d2)
POLIS is a token that you need to cast a vote, as it will be used across all levels of governance in the ecosystem. It represents a financial stake in the game, and in return, you gain governance power. This applies not only in-game but also to the entire ecosystem.
It can be split in three levels:
- Star Atlas DAO > votes on Monetary policy, treasury management, Gamewide
- Faction DAO > votes on Factionwide tax policies, Warfare cordination ect,
- Regional DAO > votes on Local tax, Planetary restrictions ect,
With each tier down, the number of DAOs increase, so there is only 1 Star Atlas DAO, but 3 Faction Daos and 24 Regional DAOs if i remember correct.
Currently the POLIS circulation is still growing everyday because of the staking rewards in the Star Atlas DAO. (with a lock up for 5 years you start at 68% APY, but your rewards and governance power decline liniaer over time.)
At current rate in 5 year time the entire 144 mil for emission will be handed out to the community no mather how much there is actually staked
This is a PROBLEM because the game will take 5 years to develop, so the governance power isnt going to the players, just to the early investor.
But for the rest i do like tokens with utility and it seems like this will get some in a later stage. Show Less