Core Design Overview:

• Dual-Token Mechanism:
  • $MPW (Utility Token): Used for daily consumption, payment, and rewards in the virtual world. Dynamically mintable, sufficient initial supply. Enables NFT rarity upgrades for higher staking yields.
  • $STT (Governance Token): Fixed total supply, mainly for governance and premium consumption, obtainable only through $MPW burning or specific events. Symbolizes long-term value.
• NFT Staking and Mining: Users stake NFTs to earn $MPW token rewards. As the total staking amount increases, individual NFT mining output gradually decreases, encouraging early participation.
• Burn Mechanism and Dual-Token Circulation:
  • $MPW tokens are burned to exchange for $STT governance tokens, reducing $MPW inflation.
  • A dynamic burning ratio is adopted: higher $MPW circulation requires more tokens to exchange for $STT, and fewer tokens are needed when circulation is low.
  • Users can also consume $MPW for various purposes, such as upgrading NFTs, adding more diverse use cases.

Economic Model Structure

(1) NFT Staking and Mining

Staking Rules: Users stake NFTs to earn $MPW token rewards daily, based on the rarity of the NFT and the system’s dynamic output rules. $MPW token rewards are dynamically reduced based on the total staked amount across the network.

Mining Decay Formula:

Example:

• Base Output: Each common NFT produces 10 $MPW daily.
• Maximum Staking Capacity: 100,000 NFTs.
• Current Staked NFTs: 50,000.
• Calculation: Current daily output per NFT = 10 × (1 - 50000 / 100000) = 5 $MPW.

Rarity Multipliers: NFTs of different rarity levels have varying output rates:

• Common NFT: ×1
• Rare NFT: ×1.5
• Legendary NFT: ×2

(2) $MPW Token Use Cases and Value

Primary Use Cases: