Devnagari Economic Mechanism

 

Liquidity is a main part of any play-to-earn project. The Devangari project is a play-to-earn project. That's why we need to provide a very strong economic and liquidity system.

The economic system needs to be strong to run economically in the long term and make our liquidity stable in both bull and bear market situations. In the month of July 2023, we started DEV token liquidity on Alcor exchange swap. We started our price from 1 WAX for 1000 Dev tokens.

 

Our primary goal is to maintain the Dev token price at 700 to 1300 Dev Tokens per WAX.

 

Alcor exchange is a decentralized system. 

We cannot control token buyers and sellers directly from the Alcor swap. In this situation, we need to work on token buyer/seller non-players who just hunt a project's economy and their liquidity. 

They don't play the game but buy tokens at a dip price and sell when it pumps. To control this type of activity, we need to work on a better solution to protect our project and the players.

what is the price of wood in waxdao . answer this in twitter post and tag project wallet and send ss in puzzel room . first player can get 1100 dev token reward.  (claimed by bp on 23 nov 2023)

In this system, we stabilize our Dev token price from time to time. Every month-end, the Devangari project will buy or sell tokens according to the market price. At the month-end, the Devangari project will add extra WAX to liquidity, and it can be low or high depending on the project's fund gathering. 


If any players of the Devangari project have any suggestions or ideas to make it better and stronger, they can reply here in the comment section.

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