Hold to Earn

The transition from the "Hold to Earn" mechanism utilizing $VORTEM tokens to $AVRK tokens in the Avarik Saga Universe represents a strategic pivot aimed at enhancing the sustainability and economic balance of the game within the Web 3.0 gaming landscape. This move underscores the development team's dedication to maintaining a robust and fair economic structure that benefits all players while ensuring the game's longevity.

Overview of Changes to the "Hold to Earn" System

• Transition from $VORTEM to $AVRK: The shift to $AVRK tokens is designed to address and mitigate potential sustainability challenges associated with the original "Hold to Earn" feature. This change is pivotal in preserving the game's economic integrity and providing a more stable foundation for its tokenomics.

• Ceasing "Hold to Earn": With the introduction of $AVRK tokens at the Token Generation Event, the "Hold to Earn" feature will be discontinued. This decision is critical to preventing inflationary pressures and ensuring a balanced in-game economy that rewards active participation and engagement.

• Token Generation Event: The upcoming Token Generation Event will play a significant role in the game's economic framework, setting the stage for the full integration of $AVRK tokens. Detailed information about the event and its implications for tokenomics will be shared with the community in due course.

Details on Conversion to $AVRK

• Exchange Calculations and Transition Details: Specifics regarding the conversion process, including exchange rates, the official stop date for "Hold to Earn," and tranche lock particulars, will be communicated shortly. This information is crucial for players to understand how their holdings will be affected and to plan their strategies accordingly.

• Fairness and Security: The introduction of tranche locks during the transition to $AVRK tokens is intended to ensure fairness and security for all players. This mechanism will help manage the flow of tokens within the economy, preventing sudden surges that could destabilize the market.