🪙KIBBLE Token
Alongside ETH, KIBBLE is the main currency of Cat Town. It's used to buy cosmetic items for your cat, purchase items that provide a boost on adventures and fund player rewards in Cat Town.
You can see details about our locked supply here.
Our current official liquidity pools are as follows:
📈 Tokenomics & Trading
1,000,000,000 maximum supply
1%/1% buy and sell tax. You can learn more about the splits on our Tax & Fees page.
56% is burnt so far: 560,023,423
26% is locked for future: 265,330,890
Circulating Supply: 175M:
21M held for future game rewards and airdrops.
15M held for future marketing.
15M held for vested team payments over the next year, currently expected to use 1M of the allocation.
Burns are based on Player Activity.
Average of 300-500k burnt per week from activity as of November 2024.
Security Audit: https://sourcehat.com/audits/KibbleToken/
Of that liquidity, 99.55% of the LP tokens are locked in an upgradeable token locking contract and will unlock on April 1st, 2025.
💧Liquid & Locks
26% locked until October 1st, 2024.
12.5% (125M) currently circulating.
5% liquid in our game rewards wallet.
💳 Wallets
Presale Wallet (used for the 25 ETH presale)
Development fund (funded by 1% of KIBBLE fees)
Team Token Wallet (half locked for 6 months, half locked for 12 months)
Marketing Wallet (used for promotions, airdrops and competitions)
Token Wallet (holding game rewards until game contract deployed)
🎲 In-game Mechanics
Spending
KIBBLE is designed to be deflationary and a store of value for Cat Town. Any time a villager spends KIBBLE in-game it will be burned and removed from the total supply. This essentially transfers the value of the KIBBLE to the item that was purchased with it.
All items that are purchasable will be able to be traded on the open market and will not be soulbound.
🔥 Burn Events
When purchasing consumable items from the supermarket.
When purchasing cosmetic and consumable items from travelling merchants.
When minting a passport profile picture NFT of your in-game cat.
Rewards
KIBBLE is included as a reward for loyalty in each villager's daily yield calculations. The KIBBLE that is awarded to players is a result of the tax on trading the KIBBLE token on the open market. The more KIBBLE trading (both buying and selling), the higher the in-game rewards for villagers.
💰 Reward Events
As part of the villager's daily yield
Redeeming three Lucky Fish Tickets
Last updated