Token Economic System

Governance Token - DANK

DANK is the goverance token of Dankverse.

The governance system is driven by community, governs through DAO, has a complete economic system and autonomy. User can use DANK to govern the project, initiate proposals, vote on the development path of the project, and also able to capture the value of the entire ecology through DANK.

Total Supply & Distribution

Coming Soon...........

Ways To Obtain

Participate in protocol's economic activities:

  • Supply & Borrow

  • Mint principal & yield tokens in Fixed Rate Market

  • Add liquidity

  • Stake

Using Scenarios of DANK

  • Community Governance - Voting Right

  • Obtain Protocol Incentive

  • Protocol Dividend Right

Lock in staking position to get more weight

Lock-up Time
Weight

6 Months

3

12 Months

18

36 Months

64

Utility Token - UBIDANK

UBIDANK is a universal basic income token 100% generated by Dankverse land and used exclusively for UBI issuance.

As a token of universal basic income, UBIDANK can be used as a token to purchase basic information about metaverse production, such as identity, resources related to land income, etc.

The total supply of UBIDANK is determined by land issuance and output, and there is no total limit.

Using Scenarios of UBIDANK

Each UBIDANK will be burned after used.

  • Deduction For Self-assess Tax

  • Purchase Land Upgrade Package

  • Purchase Genesis Card

  • Purchase Treasure Blind Box

  • Purchase Other Kinds Of Roles

Future Useage of UBIDANK

Generate UBIDANK-USD stablecoin based on UBIDANK

UBIDANK RFV Token Model

RFV UBIDANK token model, that is the risk-free UBIDANK token model. UBIDANK on RFV is all the tokens in the circular supply minus the tokens in the AMM LP pool.

If the protocol allocates all of the vault's assets to the community, RFV (or Risk-free Value) is the user's claim for each UBIDANK token they own.

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