Sem

[SHRIMP @shrimp_apt]

Super Shrimp World Level 6 - Tokenomics!

Check out the Galxe page for level 6 here: https://t.co/VNFzsLOAM9

This quest attempts to cover the last missing pieces of information around SHRIMP, mainly our tokenomics.

Tokenomics are weird and complicated, and can be difficult to understand from a regular users point of view - we'll try to make it as easy to digest as possible, by providing proper context and transparency.

Our tokenomics are designed by us, which means they might be flawed, but they are carefully chosen this way because we believe it's the best course of action considering our ambitions for SHRIMP.

There will be a fancy pie-chart on our website, but to summarize, here is what it looks like:

Total supply: 121,212,121.

30% - Community.
30% - Reserve.
15% - LP.
15% - Investors.
5% - DAO.
5% - Team.

Here is a brief description for each category:

Community:
Community is sort of a broad term - this allocation includes, but is not limited to:

Aptomingos, [REDACTED] Keys and CB ordinals:
Our dear loyal supporters - the people who have faith in us. Aptomingos will naturally get the highest allocation, but we'd like to show good faith to both key holders and CB ordinal holders by providing a small allocation to them as well.

SHRIMP liquidity providers:
We'd like to incentivize you guys to provide liquidity for SHRIMP, and we'll be working closely with DEX's to make this a reality.

Barbecue participants:
The Barbecue is all about rewarding active users who enthusiastically pays attention to our shenanigans, and punish the ones that don't.

NFT and DeFi communities:
The SHRIMP experience isn't gated to our holders only - we're looking to include the entire Aptos ecosystem, and even a few friends from other networks. This means we'll drop an allocation to our NFT and DeFi friends as well. This won't be done in a regular fashion, but we'll provide more context on this front in the near future.

Galxe participants:
These Galxe campaigns have been part of a little way to boost our engagement while still educating you guys about the core concepts of SHRIMP. So far, they've been pretty easy, but you never know what might happen in the future.

Reserve:
This allocation of tokens are specifically set aside for our mechanic called The Reserve. These tokens will only be utilized when we hit certain burn thresholds from The Barbecue. We highly doubt that we'll utilize the total amount in this category this way, so this allocation will also serve as a backup for things like grants for builders, more airdrops, providing more liquidity, etc.

LP:
Our initial liquidity pool will consist of 15% of the total supply. We'd like for people to able to trade freely, and sufficient liquidity is the key to that goal.

Investors:
We believe we have a good mix of people in our presale round. We've got founders, real products, influential traders, whales, and people who've shown loyalty and faith in us from our humble beginnings. This allocation is vested, and they will have ZERO tokens available to trade on day 1.

DAO & Team:
The DAO allocation is for anything we'd like to do as a project. Think of this allocation as a jack-of-all-trades. Team allocation is sort of self-explanatory, we'd like to be involved in the process and experience of SHRIMP, while also being paid for the work we've done over the past couple of months. Team allocation is vested, similar to presale.

We retain the right to drop these allocations as we see fit, and we've already explained that not everything will be dropped at once. We'd like a healthy circulating supply, which means things might be done slowly, and might be adjusted as we go.

[Sem @Sem5075]

I'm encouraging everyone on my timeline to check out @shrimp_apt by @aptomingos.

A high-stakes and innovative token on Aptos.

Also, I get a little something for doing this, and I think you will too if you follow my lead. 👀

[SHRIMP @shrimp_apt]

Super Shrimp World Level 5 - Spreading the word!

Check out the Galxe page for level 5 here: https://t.co/KycbJooDck

This quest is all about getting the ball rolling on social media. It's about leveraging our community of absolute gigachads who we know will have our back if we ask.

You know, @Aptomingos has always been a loyal flock of smart, skillful and unique individuals, and whenever we've asked them to help us push something on social media, they've consistently showed up.

This has been a tremendous help in pushing our community to have access to high quality opportunities ever since our inception.

We want to encourage the same behavior for the SHRIMP community, so we thought we'd reward you with a cool OAT for doing so.

[SHRIMP @shrimp_apt]

Super Shrimp World Level 4 - The Barbecue!

Check out the Galxe page for level 4 here: https://t.co/xrEhSnlVcO

The final core mechanic, alongside The Reserve and The Goals, is The Barbecue!

It will function as an announced event that will happen at random times over the lifespan of SHRIMP - our innovative burn mechanic will allow for a fast-paced token environment where participation is the key to success. You can also choose not to participate, just understand that a certain amount of your tokens will be burned if you don't.

Our website will have a custom UI where you have to input a specific answer that we will tease through socials as marketing. It could be a puzzle, a trivia question, a video, the possibilities are endless.

Holders of SHRIMP will then be asked to input the answer on our site and deposit a flat amount of SHRIMP. In the early stages, the value of this deposit will be minimal, but as time goes by, we might adjust. We have full flexibility when it comes to the amount. This will create buying pressure from anyone owning less than the deposit amount, unless they want to get barbecued. If you don't participate, or get the answer wrong, we'll either burn a flat amount, or a specific % of your SHRIMP.

Users who submit the correct answer will get their SHRIMP back when the event concludes.

[Berachain Foundation 🐻⛓ @berachain]

Users, developers, and validators can engage with the testnet through Galxe's Quest platform. The Galxe Quest platform will feature activities involving the core chain, its enshrined applications, and projects building in the ecosystem.

https://t.co/uZtGRKa6TJ

[Sem @Sem5075]

Verifying my Twitter account for my #GalxeID gid:iP93WaZ4VvK7m4ky8VskUT @Galxe

https://t.co/l5R7f3UZry