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Alex Finden

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Oct 21, 2024 7:43 PM

This section dives into the supply and tokenomics of $SPIRIT, the digital token of the Alchemy ecosystem.

✍️ Written by Alex Finden

🔍 Quick Navigation

• 🔍 Quick Navigation
• What is $SPIRIT?
• Supply Breakdown
• Game Sinks
• Important Links

What is $SPIRIT?

$SPIRIT is the digital token for the entire Alchemy ecosystem of games and products.

As an SPL token on the Solana blockchain, $SPIRIT can be traded between digital wallets that support Solana and swapped for other tokens, such as $USDC, on exchanges.

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Players can earn $SPIRIT by completing in-game tasks, challenges, and bounties.

For help buying and trading $SPIRIT ⬇️

Supply Breakdown

Total Supply: 100,000,000 (100%)

Play-to-earn: 80,000,000 (80%)

• Locked & distributed over 8+ years (exact time depends on game sinks)
• 250,000 $SPIRIT is distributed weekly from this pool to Cosmic War players (including holders of Aether Gods and Core Shards)

Game Sinks

All tokens spent on Cosmic War and Battle for Ankhos game sinks will be transparently distributed into these following wallets:

• 80% to P2E pool: https://solscan.io/account/7ByJFCTBRa37su667dkjQMDMdzESLPe4VthvF9fzxP4m
• 10% to treasury: https://solscan.io/account/4AzzLAu7qDs7r3H1y2vcQRjTHAG3Wrv9ZqGS8E5MEZ7e
• 10% to company

Important Links

Trading on Birdeye (Jupiter): https://birdeye.so/token/DT86TCst1FUDPioL47XVn52u1dg1hKP1umbh9Xp69siv?chain=solana

Token Address on Solscan:

https://solscan.io/token/DT86TCst1FUDPioL47XVn52u1dg1hKP1umbh9Xp69siv