CCT Tokenomics

CCT (Crypto Crystal Token) is a utility token of Crypto Golf Impact. It is linked with the in-game currency gCCT, which is used for paying utility charges or purchasing products in the game. You can refer to Earning gCCT for detailed information on how to acquire and where to use gCCT.

Minting and burning CCT

An optimal amount of CCTs needed for forming the swap pool and supporting the exchange for servicing the IX version of Crypto Golf Impact will priorly be issued. The size of CCT's swap pool may be expanded or reduced for providing a stable service, and in order to do so CCTs may be additionally issued or burnt.

When users attempt to exchange gCCT (in-game currency) with CCT (on-chain token), a certain amount of CCTs will be additionally issued/minted if there aren't enough CCTs possessed in the project's mangement wallet. Even if the wallet does not lack CCTs, they may be added to the wallet at the time shortage is expected.

The amount of CCT equivalent to the amount of gCCT that users consumed in the game will all be burnt. Burning can take place when the burning-targeted tokens exceed a certain value. Specifically, an appropriate amount of CCTs will be burnt in the situation where remaining CCTs in the exchange wallet are overloaded and thus exceed the amount of gCCT generated from the game. Also, if gCCTs used in the game stack and much more CCT tokens exist than the needed amount for the exchange, some CCTs will again be burnt based on the data of the used gCCT.