icon - Versailles Heroes
VRH Versailles Heroes
+ 0%
$ 0.00012004
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
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    Versailles Heroes
    $ 0.00012004
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    0 VRH
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Versailles Heroes. Price of cryptocurrency: $ 0.00012004

VRH is about Versailles heroes.
The introduction. There are people in this picture The TVL financial environment for DeFi investment is being built by the VRH financial infrastructure on the Ethereum chain. The DAO protocol is used to achieve an open, transparent and fair governance. It is committed to promoting the ecological development of games. veVRH can be used to vote on network proposals and can also be used by investors to create a guild or join a mining guild. In order to participate in the internal competition of the guild, investors can burn game token in exchange for GAS, which can accelerate the weight of their individual mining by up to 2.5 times.

There is aBlockchain Application. There are people in this picture Dao governance protocol.
Any decision in the network will be made with DAO proposals.
NFT is a non-Fungible token.
Digital ownership of game items is granted on Versailles Heroes NFTs.
TheDUO token economic model.
The child and parent token is built differently from traditional mining. The game token is generated by participating in the game.

There was a development history.
Curve was the inspiration for the economic model of Versailles Heroes. In Q2 2021, the core team conducted mathematical reasoning on the Curve economic model and began to formulate plans in the same quarter to explore the combination of Defi and games, establish economic models, and position the game theme as a light sci-fi theme. The NFT heroes are designed in the third quarter of 2021. The play-to-earn system was established in the fourth quarter of 2021. The Versailles Heroes technical team developed multiple smart contracts in the first quarter of 2022. The project white paper was released in the third quarter.

The inflation rate is called "VRH Inflation".
70% of the initial supply of VRH is mint by the veVRH guild. The mechanism of segment decay is used to control the token supply. Every year the inflation of mining output decreases. 70% is for the core team, foundation, investors, IDO, Grants & Bug Bounty, and other things.

The distribution of the initial supply is as follows.
33.3% of the Core team will be vested in 30 years. The Foundation will vest in 35 years. 23.3% of investors will be vested in 35 years. 10.0% to IDO. Grants and bug bequests make up 10.0% of the total. A small amount to airdrop.

vernance, voting and mining are included.
vernance.
The day-to-day operation of the protocol is overseen by the Community DAO.
Voting is based on a user's holding of veVRH. A minimum balance of 2500 veVRH is needed to make a vote. The vote lasts for a week.
The two admin accounts are owned by the DAO.
MostFunctionality within the protocol is controlled by the ownership admin. The create guild admin only controls the guild function in the protocol.
The guild admin is controlled by the owners.
It's mining.
veVRH can be used to form a guild or join a guild. The main source of revenue in the game is the guild. There are guilds created through the DAO. To create a guild, the creator must own at least 100,000 veVRH and his/her proposal must reach at least 1 million veVRH participation with an approval rate of more than 50%. The guild's commission rate can be set between 0 and 20%. The guild rate can change.
Individuals need to join a guild to get veVRH. A guild's mining power is measured by their veVRH balance. The mining weight will be obtained according to the formula.