πIn-app economy
The Snaps economy involves 2 types of tokens:
$SNP - governance token
$SNPS - reward token
$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
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