📊In-app economy

The Snaps economy involves 2 types of tokens:

$SNP - governance token

$SNPS - reward token

$SNP & $SNPS Tokens

$SNP - Governance token

• Mint NFT for $SNP

• NFTs could be broken and become unusable if the user is inactive for a long time. This NFT can be restored for $SNP only

• Payments for brands advertising are paid only in $SNP

• Staking $SNP to get $SNPS

• Upgrade of NFT rank comes at $SNP

$SNPS - Utility/Reward token

• Every user receives $SNPS tokens for any action in the app

• You must stake $SNPS tokens to enter the $SNP token sale public round. The number of $SNPS tokens staked determines the allocation that can be obtained for the $SNP token sale. The more $SNPS you have staked, the more allocations you will receive to buy $SNP for the public round

• For staking $SNPS, you can get WhiteList for the Private Round token sale of $SNP

• For staking $SNPS once a week you may receive a WhiteList for a free mint an NFT of the highest rank

• You have to pay $SNPS token for repairing NFT glasses, which are badly damaged every day

• $SNPS has Mint and Burn functions to keep a healthy balance in the economy, and to avoid a drawdown in price