🎮In-game Economy
Last updated
Last updated
$WRD is a coin of Chilled Worlds with a concept to allow in-game assets to be freely exchanged, stored, sold, and purchased outside the game. The intrinsic value of the coin is guaranteed through the value of resources derived from the game.
$WRD is a utility coin that can be exchanged for Magic Stone, an essential resource in Chilled Worlds.
In order to preserve the real value of $WRD and take precautions against possible risks of depreciation, it is planned to regulate the $WRD production with Magic Stone in a way that will reduce it. This regulation is an important step to maintain the value of $WRD and ensure the stability of the game economy.
Reducing the $WRD gain will be achieved by increasing the amount of Magic Stone required for players to exchange Magic Stone into $WRD. This will limit $WRD production and preserve its value. Reduced $WRD production will stabilize the value of $WRD and balance the game economy.
The exchange rate of the Magic Stone is calculated as follows; The basic distribution is 100,000 magic stones + the total magic stones mined up to the day before the exchange divided by 10 to 9. This calculation is done every 24 hours.
Chilled World users can acquire $WRD by ‘Smelting’ Magic Stone, which can be obtained through in-game mining and/or tax collection. To smelt Magic Stone into $WRD, you must possess Magic Stone equal to the sum of Magic Stone Exchange Rate + smelting fee per WRD. Daily Smelt Limit is 1,000,000 WRD (Reset in every 24 hours, UTC 00:00)
$WRD may be exchanged for Magic Stone at any time within the game. The amount of Magic Stone receivable per $WRD will be determined by Daily Exchange Rate on the day of exchange. This process will be controlled by AI every second, and the rate of change will be balanced automatically at the end of each day.
