Deflationary Mechanics

$EQUINOX token’s price value must be controlled in a sustainable manner. That’s why we are initiating deflationary mechanics to keep the price impact of inflationary mechanics as low as possible. To cut down the supply of $EQUINOX, we have planned various token burning mechanics. These mechanics should be categorized and grouped as below:

1. Make sure $EQUINOX provides value that cannot be found in fiat/crypto money. Usage of $EQUINOX will include, but is not limited to:

  • Voting rights proportional with staking.

  • In the amount of $EQUINOX staking, users will be able to have voting rights. Proof-of-stake approach in DAOs.

  • Raffle or direct access to different projects' whitelist spots.

  • Redeem for exclusive guaranteed-on-mint items (project collabs)

  • Exclusive content on DAO chat and other NFTs' Discord communities

  • Participate in auctions (1/1 NFTs & more)

2. Allow for many different use cases within the same system, this allows tokenomics to play a role in discovering product-market fit.

Gaming:

  • Specifically gambling with $EQUINOX, earnings into DAO treasury to support developments and re-selling.

  • Purchasing tickets for tournaments, such as poker or games

Treasury NFTs:

  • Solminator DAO will buy popular NFTs and DAO members can join auctions via $EQUINOX to buy popular NFTs from the treasury

Exchange for $SOL via LP at reputable exchanges

Staking $EQUINOX for different tokens

Token Burning Mechanics

In Game Purchases

The Boxes are the primary source of all resources in The Equinox. There are 6 different types of boxes players can open. Free Box, Silver Box, Gold Box, Emerald box, Epic box, and Equinox box. Free boxes are awarded every 3 hours. Unclaimed boxes will stack to a maximum of 2, Free boxes can be opened immediately. Silver boxes are awarded for winning battles. The 2 hour unlock time fits nicely into a daytime schedule allowing savvy players to unlock 5 per day easily. No guaranteed rare or epic cards. Gold boxes are awarded for winning battles. At least 1 guaranteed rare card. With an 8 hour unlock time. Emerald boxes are rarely rewarded for winning battles. At least 1 guaranteed epic card. Unlock time is 10 hours. Legendary boxes are rarely rewarded for winning battles. At least 3 guaranteed epic cards. At least 1 guaranteed legendary card. Unlock time 12 hours. Equinox boxes are the rarest ones in the game. You can get them by winning tournaments. Guaranteed free NFT ( New legendary card that we will publish )

Evolution Processes

Each Solminator NFT will be born with Level 1. However, Solminators want to evolve and transform into the superior levels; therefore they visit incubators. Level 1 & 2 Solminators can be sent into an incubator to get the superior roles. For the beginning, this will be used for incubators. In our innovative NFT evolution process, NFT holders can send their Solminator into an incubator and by burning $EQUINOX tokens you can evolve into a superior level. Evolution process will take 15 days. After every camp there is a 3 day cooling day, where buddies should rest before they go to the next camp.

While we are estimating the amount of $EQUINOX user will burn, we will get average of 3 scenarios:

  • Best Case Scenario; 80% of inferior NFTs are evaluated into the superior NFT role.

  • Optimal Scenario; 65% of inferior NFTs are evaluated into the superior NFT role.

  • Worst Case Scenario; only 35% of inferior NFTs are evaluated into the superior NFT role.

Previous research shows that the total burning amount is the average of these 3 cases. Besides, there will be 2 available evolution processes for getting a superior role. The amount of $EQUINOX burned will affect the probability of evolution.

Probably Evolution

This is a light version of the transformation. In this process, It’s required to spend less $EQUINOX to acquire a supreme role. And, your buddy might get a supreme role with 50% probability. We are expecting below burning scenarios for this process.

Probably Evolution (50% success rate):

EvolutionCost (in Token)Best Case BurningOptimal BurningMinimum BurningAVG Token Burning

Elemental > Mysterious

300

799,920

649,935

349,965

599,940

Mysterious > Machine

750

1,599,840

1,056,144

306,219

987,401

2,399,760

1,706,079

656,184

1,587,341

Total Burning Optimized

4,799,520

3,412,159

1,312,369

3,174,683

Based on the daily staking rewards in order for an NFT holder to evolve his NFT, he needs 34 days to earn enough $EQUINOX rewards via staking his NFT. However, right after the LP is initiated, users can acquire the missing $EQUINOX amount via the liquidity pool at our partnered exchanges.

Supposedly Evolution

In this option we are aiming to burn more $EQUINOX by prerequisite the double amount of the light version. In this version, It’s required to spend more $EQUINOX to acquire a supreme role. And, your buddy might get a supreme role with 80% probability. We are expecting below burning scenarios for this process.

Supposedly Evolution (80% success rate):

EvolutionCost (in Token)Best Case BurningOptimal BurningMinimum BurningAVG Token Burning

Elemental > Mysterious

450

1,199,880

974,903

524,948

899,910

Mysterious > Machine

1,125

2,399,760

1,584,217

459,329

1,481,102

3,599,640

2,559,119

984,277

2,381,012

Total Burning Optimized

4,499,550

3,198,899

1,230,346

2,976,265

Based on the daily staking rewards in order for an NFT holder to evolve his NFT, he needs 68 days to earn enough $EQUINOX rewards via staking his NFT. However, right after the LP is initiated, users can acquire the missing $EQUINOX amount via the liquidity pool at our partnered exchanges.

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