12. Token Economics & Fund
Expanding Target Audience through Exercise Evaluation and Metrics Policies for Both Web2 and Web3 Users
LILLIUS evaluates the exercises performed by Web2 and Web3 users through "Sweat," the exercise metric. Users can use Sweat to participate in LILLIUS raffle missions, ad missions, and more. By participating in these missions, users are given the opportunity to receive LLT token airdrops.
By attracting both general sports service users and dApp/Web3 customers, LILLIUS aims to secure a broader user base.
Encouraging Continuous Ecosystem Participation for Web3 Users with LLT Token Rewards
LLT tokens are used within the LILLIUS blockchain ecosystem and are rewarded to users who participate in raffle missions using their Sweat. By holding LILLI NFTs, Sports Figure NFTs, or other LILLIUS NFT collections, users can earn more energy, and with more energy, they can work out more and earn additional Sweat. Users can then use the Sweat they've earned to participate in various LILLIUS missions and receive LLT airdrops. LLT tokens are also distributed as rewards to the athletes who contribute workout content to LILLIUS. Users can use LLT as a payment method for purchasing or upgrading LILLIUS NFTs.
LLT Earning Process::
Complete training/challenges ▶ Score 70 points or higher ▶ Earn Sweat ▶ Participate in LILLIUS ad missions, raffle missions, etc. ▶ Burn Sweat ▶ Apply for LLT airdrop for mission winners ▶ Receive LLT airdrop (first come, first serve OR raffle)
The definition of LLT
LLT is the primary digital currency of LILLIUS issued on the Polygon chain, serving as the main token and currency within the LILLIUS blockchain ecosystem.
Expanding the User Base through the Sweat Metric
Sweat is the exercise metric used within the LILLIUS service and is an element that allows users to participate in various raffles held by LILLIUS. Sweat is awarded upon the completion of LILLIUS challenges and training. The amount of Sweat received is proportional to the amount of energy required to participate in the challenges and training.
Reward Distribution and Usage Policies
LLT
Users who hold Sweat can participate in LILLIUS raffles to receive LLT airdrops, and the airdrop ratio is updated based on the real-time price of LLT.
LLT can be used to upgrade the level and grade of LILLI NFTs.
Sweat
In the LILLIUS app, Sweat is the exercise metric provided to all users, including general users and NFT holders.
Users must achieve a score of 70 or higher in training or challenge content for it to be considered a successful completion, and energy will be consumed. The amount of Sweat awarded is determined by the LILLIUS policy based on the amount of energy consumed for the content.
Users who hold LILLI NFTs, Sports Figure NFTs, etc., can use the additional energy gained through energy boosting to earn more Sweat.
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