Whitepaper v2
Search…
🪙
Lazy Token
$LAZY is the Utility Token that fuels the Lazy Verse ecosystem.
It is NOT an investment and has NO economic value. $LAZY assets are not financial investments — these are utility tokens strictly to be used only within the Squishiverse 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 recto of a $LAZY made by H2C
Visual representation verso of a $LAZY made by H2C

Supply

Unlimited.
No limit to the total amount of $LAZY that can be generated. But, would be only generated 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.
A $LAZY used towards ecosystem apps is a $LAZY burnt 💸🔥

Preallocations

None. Since $LAZY is a utility token, there are no preallocated shares of $LAZY.

How $LAZY are generated

The only source of emission of $LAZY is the Lazy Treasury Vault. $LAZY are passively generated daily by staking Lazy Superheroes NFT.
NFT
Max Supply stakeable
$LAZY Amount generated daily per NFT staked*
Theoretical maximum of tokens generated per month ***
Duration of benefits
Founder's badges
4
1000
124,000
-
LSH Gen 1
100
100
310,000
-
LSH Gen 1 Mutants
100
50
155,000
-
LSH Gen 2 (LSV)
100
40
124,000
10 years at least
LSH Gen 2
5,000
5 to 15**
1,500,000****
10 years at least
UR Lazy Super Dogs
75
10
23,250
5 years at least
* known as "LAZY score", without any boost/bonus/multiplier applied ** depending on rarity traits *** if 100% of the NFTs are staked for one entire month, without boost/multiplier **** on a basis of an average of 10 tokens generated daily

Utility

Current utility plans include, but not limited to:
Buying exclusive NFTs
Serum - Gen 1
Boosting Lazy Farms lockup period
Playing games/Buying game assets

Liquidity

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 not related to Lazy Superheroes or the team.

Flow

Notes

Users may have to declare rewards for taxes purposes even if it's an utility token, depending on the laws of your country.
None of this is a financial advice, consult a tax-specialist if you have any doubt.
This system is currently in Development and not Live yet.