One coin to rule them all
MSK is at the center of the Bad Bears Universe
MSK token sits at the center of the Bad Bears universe and serves as the in-game currency within the Beartopia Metaverse. The fixed-supply tokenomics are designed to fuel innovation and raise the value of every Bad Bear. MSK is required to participate in the closed-loop economy and is used to purchase future NFT drops and other releases that come out of Bear Labs such as Serums.
MSK is the token at the center of the Bad Bears universe. Here are some ways you can spend MSK:
- Purchase drops from Bear Labs (such as Serums)
- Stake your MSK and experience gasless transactions within the Bad Bears ecosystem
- Trait customization options such as names and descriptions for your Bad Bears (Coming Q2)
- Purchase items in the Beartopia Metaverse (Coming Q2)
- Purchase land in the Beartopia Metaverse (Coming Q2)
- Purchase official Bad Bears merch in MSK
- Purchase tickets in MSK to IRL Bad Bears hosted events (Coming Q3)
MSK is a fixed supply, ERC-721 NFT utility token that can be purchased through our Uniswap Liquidity Pool or collected daily by holding Bad Bear Genesis NFTs. Holders earn MSK daily through a non-minting passive yield which is reflected in the Bad Bears dashboard.
A fixed supply of 1 Billion (1,000,000,000) $MSK was minted on smart contract deployment.
Total supply - 1,000,000,000 (1 Billion) Initial liquidity pool at launch - 250,000,000 (25%) Claim / Passive Yield Pool - 350,000,000 (35%) P2E Rewards Pool - 200,000,000 (20%) Liquidity reserved for exchanges - 100,000,000 (10%) Founder tokens 100,000,000 (10%) Founder vesting schedule: Fully locked for first year, 5% of founder tokens unlocked per month thereafter.
Buy tax - 0% Sell tax - 15% Taxes collected will be used for:
- Team Buy-Backs
- Replenishing passive yield fund if necessary
- Operating and Marketing expenses
MSK’s deflationary quality is based on the assertion that a currency must have scarcity in order to be valuable. By limiting what amount can enter the system, it ensures that no individual can increase the supply and inflate the value relative to physical and digital goods.