@PlayValkyrio So distributing the IDO investor rewards in $VALK is okay but you still keep the $VALK claims locked for over one week?
At first claiming the 0.4 BNB was a bug, then owning up to the fact that it was on purpose all along? What are you playing at?
@PlayValkyrio You know, all this really means very little when your game doesn't even have a functioning economy, because you locked the governance token $VALK withdraw so your project doesn't implode.
You don't generate any use case or utility so people just withdraw. What did you expect?
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#Valkyrio#Pay2Earn#Blockchain#GameFi#Valkyrio drops Oracle rewards distribution in favour of fixed rewards system.
$YRIO NO LONGER USES ORACLE MECHANISM FOR REWARD (THE REWARD WILL BE FIXED).
$VALK WILL TAKE A PART OF REWARD FOR PvE (ORACLE IS STILL AVAILABLE FOR $VALK)
β° APPLIED FROM: 1500 UTC 28th October 2021
FROM THEN PvE REWARD WILL BE DIVIDED INTO 3 PARTS
π°$VALK PROMO: can be used only for fighters/valkyrie summoning
π$VALK REWARD: can be used for fighters/valkyrie summoning & trade on dex (pancakeswap)
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@PlayValkyrio Its a direct result of the sustained summon cashback program, which in the short term is good for the investor/player, but will ultimately kill the economy if not done right.
@PlayValkyrio Am eager to hear details of this "Compensation Program" but in actual fact this could mean a number of things. One thing I am rather concerned about though is the amount of NFTs appearing on the marketplace, it's devaluing the summons, and the $VALK itself.
@Hao99866260 @PlayValkyrio Yes, they seem to have halved the payouts per fight, or the Oracle isn't working as it should. @PlayValkyrio Please investigate, or explain the reason (I think I can guess already.)
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@PP8dyV3UtRYIrog @PlayValkyrio The need to sort out the economy, everything is now broken because of the $YRIO token launch. Nobody earning because of 7 day reward lock, everyone selling their NFTS, also undervaluing summons because market is saturated with cheap NFTs. What a mess.
Couple this with the 7 day lock on any reward withdrawals makes things very awkward for people that invested $200-$800 to play and wanting to recoup any investments they may have.
Things were fine before $YRIO. What the heck happened?
@PlayValkyrio
Your secondary token launch $YRIO has been a complete fiasco so far, I am really hoping for the sake of all your loyal investors you can pull this one back and save the project.
I think Valkyrios $YRIO token launch has been a prime example of how not to release a second token onto a GameFi project. At launch with no use case of $YRIO apart from cashing out, it caused the token price to drop by 90% within hours, destabilizing the games ecosystem.
Some hours later the DEV team decided to prevent all cashouts of $YRIO and $VALK for 7 days to esssentially save the project, and their assets. The previously strong governance token $VALK has plummeted in price in the last few hours due to this.