MATR1X FIRE launches the "Infinite Game" plan and will burn 500 million FIRE tokens
MATR1X FIRE announced the launch of the "Infinite Game" plan, which will burn a total of 500 million $FIRE tokens. The "Infinite Game" plan is divided into three phases, aiming to upgrade the economic cycle of $FIRE and expand more application scenarios through innovative distribution and burning mechanisms, and build a healthy, diverse and powerful ecosystem for $FIRE.
Phase 1: Firefly
Time: Within 7 months after $FIRE TGE
Goal: Lay a solid foundation for the future growth of $FIRE through effective distribution and burning mechanisms.
Initial total amount limited to 1 billion: The initial total amount of $FIRE is 1 billion. For details, please refer to the FIRE section of the white paper ( white paper link ).
Start the burning mechanism: All $FIRE consumed in the Apollo plan will be burned and destroyed, and the total amount of $FIRE will be reduced at the same time.
Burn 80% of team tokens: The $FIRE held by the founding team will be reduced from 25 million to 5 million, and the reduced 20 million $FIRE will be burned, and the total amount of $FIRE will be reduced at the same time.
Phase 2: Flamingo
Time: 7-24 months after TGE
Goal: Expand the application scenarios of $FIRE, accelerate the burning, and reduce the total upper limit of $FIRE until the total amount is reduced to 500 million
Dynamically adjust the output rate: $FIRE will be gradually produced through effective proof of work, and dynamically adjusted according to the scale of ecological users.
Add a new burning mechanism: The game ecological economic behavior will accelerate the burning of $FIRE and reduce the total upper limit of $FIRE until the total amount is reduced to 500 million.
Add a new application scenario: More game products will introduce the use of $FIRE.
Phase 3: Phoenix
Time: 24 months after TGE (depending on the development of the ecosystem)
Goal: Upgrade the economic cycle of the game, expand the diversity of the game ecosystem, and achieve full circulation of $FIRE tokens
Economic cycle upgrade: $FIRE consumed by various application behaviors (such as game products, e-sports products, trading markets, and community products) will enter a specific pool to provide long-term incentives for effective proof of work.
Financial instrument derivatives: More financial mechanisms will emerge to enable $FIRE to circulate more efficiently in the game ecosystem.
欢迎加入律动 BlockBeats 官方社群:
Telegram 订阅群: https://t.me/theblockbeats
Telegram 交流群: https://t.me/BlockBeats_App
Twitter 官方账号: https://twitter.com/BlockBeatsAsia
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
a16z Accelerator CSX Reopens "Splash Grant Mode": Is the Next Batch of Blockbusters Here?
The fourth "Cash Drop" event of CSX Spring 2025 kicked off in San Francisco.

BugsCoin (BGSC): Redefining Web3 Financial Education
1. BugsCoin (BGSC) is a Web3-based decentralized finance education platform designed to break down traditional educational barriers, allowing users to learn trading in a real market environment, enhance financial literacy, and earn incentives through practice. 2. Key features of BugsCoin include real market simulation, learn-and-earn mechanism, smart contract-driven operation, and community-driven development model, aiming to realize a decentralized, low-barrier, incentive-driven financial learning model

ETH Hangzhou On-Site Survey: Has ETH Become a Middle-Aged "Greasy Uncle," With No Hope for a New All-Time High in the Next 3 Years?
No token is ever young forever, but there are always young people rushing into the ETH battlefield.

Arthur Hayes New Article: Federal Reserve Shift in Policy Signals Emerge, Can Bitcoin Break $250,000 by Year-End?
Federal Reserve Chairman Powell is facing a serious policy dilemma: under immense government debt and political pressure, the Fed has had to abandon its independence and anti-inflation stance. Instead, it has resorted to measures like quantitative easing to finance the government, creating a situation of "fiscal dominance" similar to the Volcker era of the 1970s. This foreshadows the Fed's need to reinitiate loose monetary policy, which could potentially drive up the prices of assets like Bitcoin.

Trending news
MoreCrypto prices
More








