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Lazy Token
$LAZY is NOT an investment and has NONE economic value.
$LAZY assets are not financial investments — these are utility tokens strictly to be used only within the ecosystem.
We do not condone investing, speculating or actively trading $LAZY.
1 $LAZY = 1 $LAZY.
$LAZY Utility Token is used by users to interact with the Lazy Superheroes apps / experiences and to collect, trade various in-game assets / NFT.
Visual representation of a $LAZY token
Title | Amount |
|---|---|
Max Supply | 250,000,000 |
Decimals | 1 |
Lazy dApp
SuperheroesLazy
Lazy Token Dashboard is available on Lazy dApp in order to track circulating supply, burnt supply, SCT supply in real time
Beside initial supply in circulation, new $LAZY could be only issued from the Smart Contract Treasury (SCT) through Staking. Various mechanics will be designed for the utility of $LAZY and to ensure tokenomics and burning of $LAZY on a regular ongoing basis. The creation/destruction of $LAZY tokens is ultimately driven by ecosystem usage. Staking generates $LAZY ; usage burns $LAZY.
None. Since $LAZY is a utility token, there are no preallocated $LAZY to anyone.
The only source of emission of $LAZY is the Smart Contract Treasury (SCT) towards the Lazy Staking Smart contract. $LAZY are passively generated by staking Lazy Superheroes NFT.
$LAZY tokenomics revealed
Medium
This article posted on our blog prior to $LAZY launch is a good recap of the logic behind the smart contract implementation of $LAZY and its tokenomics
For example
- NFT only available and buyable in $LAZY
- Extra entries to giveaways...
- Entries to airdrops and partner's airdrops
- NFT available at a discount when bought in $LAZY
Gen 1 Holders could buy a Serum with $LAZY to create a Variant of their Lazy Superheroes Gen 1, which will generate $LAZY too. See Mutants
Influence the history and legends of the Lazy Superheroes, cool, isn't it? This is what $LAZY could allow you: being able to determine the past, the future, the actions of characters, and have a lasting impact on the history of Lazy Superheroes.
Lazy Superheroes and the team do not provide liquidity for $LAZY and have no plans to do so.
However, like most of projects with utility tokens, community members and active users often provide liquidity on decentralized exchanges at their own initiatives. These initiatives are neither related to Lazy Superheroes nor endorsed by the team in any way.
The Smart Contract Treasury acts following its rules and requires Team to multi-sig to authorize a transaction.
And if you want to consult the code source of Lazy Token go to https://github.com/Burstall/hedera-SC-LAZY-FT-implementation/blob/master/contracts/LAZYTokenCreator.sol
None of this is a financial advice, $LAZY is a token that only has a limited use within the lazy superheroes ecosystem and has no intrinsic economic value. $LAZY is an utility token with no use outisde Lazy Superheroes ecosystem and provided utility, with no economic value, and no rights/shares attached to it. It should never be viewed as an investment or currency.
Users may have to declare rewards for taxes purposes even if it's an utility token, depending on the laws of your country.
Users should contact their professional financial advisor / tax specialist to audit their reporting requirements and potential tax liabilities.
Consult a tax-specialist if you have any doubt.
Some parts of the features described here are currently in Development, so, all the points above are not Live yet.
Last modified 7mo ago