Design of the Governance Token

$EFAS token is the governance token of the EFAS metaverse. Every $EFAS token holder will be a member of the Universal Congress and is able to change various parameters of the EFAS metaverse through voting.

Issuance of $EFAS tokens is reserved for those activities that constitute a major push to advance the development of the EFAS metaverse. These include but are not limited to unifying the star system, forming the most powerful armada, building the strongest commercial alliance, designing high-quality NFTs, repelling the worst alien invasions, and being awarded the rarest war medals.

These are extremely difficult achievements, only the most engaged of users can fulfill them, and fulfilling any of them merits a reward of $EFAS tokens. 40% of the total $EFAS token pool will be allocated to these gameplay incentives.

Various services in the EFAS metaverse require fees, such as the marketplace and creating guilds and corporations. These revenues are stored in the EFAS treasury. Staking $EFAS tokens enables a holder to participate in rewards issued from this treasury.