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$VERSA
The core value of VersaGames is sustainable service to the community. Therefore, the $VERSA token will be issued without a predetermined emission schedule, and rather issuance, and therefore capital raising, will occur when the DAO acknowledges its ability to optimally deploy the capital to accelerate the project.
The DAO will allocate capital amongst a number of investment and operations avenues to maximize growth and revenue.
$VERSA will be a highly utility driven token backed by the treasury. As a starting point, the token will have the following use cases:
- 1.LaaS liquidity provision for partner tokens via incentivized LP pairing
- 2.Staking capital commitment incentivized by treasury returns
- 3.Rewards Airdrops and access rewards for $VERSA holders
The primary backing for $VERSA comes from the DAO treasury. In turn, the treasury will generate returns on capital from the following operations:
- LP Incentives: The treasury will provide $VERSA to $VERSA/$GAME LP pools for partner games, and in return receive $GAME tokens as a reward.
- Direct Investments: For high conviction partnerships with strong long-term potential, the treasury will make direct investments to secure alignment.
As VersaGames evolves, the treasury will secure more revenue sources such as NFT trading, NFT borrowing/lending operations, etc.
Last modified 3mo ago
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