12. Token Economics & Fund

Encompasses Web2 and Web3 users, ensuring a wide target audience reach through an inclusive compensation policy

LILLIUS' ecosystem rewards encompass LLT, a token-based reward, and points as general rewards. By incorporating a point system familiar to general Web2 users and token rewards appealing to Web3 targets, we aim to expand our user base, attracting both Apptech users and dAPP and Web3 customers alike.

For LILLIUS Web3 Contributors Encourage continued ecosystem participation with LLT token rewards

The LLT token is used in LILLIUS' blockchain ecosystem and is rewarded to users for completing challenges and training. Users earn LILLIUS points for their workouts and can earn additional points for exercising with more energy. Additionally, users can earn more energy based on their ownership of LILLI NFTs, sports figure NFTs, and other NFT collections. LILLI NFT holders can apply for LLT airdrops by burning their earned points. Athletes are also rewarded with LLT for providing workout content with LILLIUS. LLT can be used as a payment method for purchasing LILLIUS NFTs and upgrading them.

• LLT acquisition process for LILLI NFT holders:

  • Go through training ▶ Score 70+ points ▶ Get points ▶ Apply for LLT airdrop ▶ Burn points ▶ LLT airdrop

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.

Increasing the user base and promoting commerce consumption by offering point rewards

Points are awarded in LILLIUS Services as a reward system for completing Challenges and Training. The number of points awarded is proportional to the amount of energy required to complete challenges and training. Upon successful completion of challenges and training, points can be used for LLT airdrops or as credits in the LILLIUS Mall. Points provide a strategy to encourage Web2 and Web3 users to participate in training, and to facilitate the transition of Web2 users to Web3 and integration into the blockchain ecosystem.

Compensation payment policy for each reward

• LLT

  • Users who hold LILLI NFTs can airdrop LLT by burning points, and the airdrop rate will be updated based on LLT's real-time price information.

  • LLT can be used to upgrade the level and grade of LILLI NFTs.

• Point

  • The LILLIUS APP rewards all users, including general users and NFT holders, with points.

  • To pass and be considered to have consumed energy, users must score 70 points or more in training or challenge content. Points are awarded based on the amount of energy consumed in the content.

  • Additional points are awarded to users who own LILLI NFTs, sports figure NFTs, etc., for using the additional energy they receive through energy boosting.

  • These points can be redeemed for LLT or LILLIUS MALL credits through the 'LILLIUS MALL Credit Exchange' function within the LILLIUS APP.

  • The Points are valid only during the commercialisation period of the LILLIUS service, and the policy on their validity period is subject to change.

  • Points redeemed for credit are valid for one year from the date of redemption, and any unused points within the validity period will automatically expire after the scheduled expiration date of 0:00 p.m. For example, points redeemed on 1 April 2020 will be valid until 1 April 2021.