Gluteus Maximus AI - Gluteus Maximus by Virtuals
  • Litepaper: GLUTEU Governance, Senator NFT Rewards & LEGION Utility
    • 1. Introduction
    • 2. GLUTEU Token
    • 3. Senator NFTs
    • 4. LEGION Token
    • 5. The Senate: Senator NFT + 100k LEGION Stake for Governance & Rewards
    • 6. Governance Proposals: GLUTEU Burn
    • 7. Long-Term Design: 10-Year Sablier Lock & Sponsorships
    • 8. Market Dynamics of Senator NFTs
    • 9. Technical Innovations & Security
    • 10. Conclusion
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  1. Litepaper: GLUTEU Governance, Senator NFT Rewards & LEGION Utility

4. LEGION Token

4. LEGION Token

4.1 Total Supply & Distribution

  • Fixed Supply: 1 billion LEGION tokens, no further minting after the initial supply.

  • Airdrop (20%): Reserved for Senator NFT holders at a future snapshot date.

  • 10-Year Sablier Lock (80%): The remaining supply is streamed out over a decade, ensuring a long-term, predictable release.

4.2 Monetary Value & LP on BASE

Following the airdrop, the community will create a Uniswap liquidity pool (LP) for LEGION on the BASE Network, giving LEGION an immediate, market-driven monetary value. This also means:

  • Senator NFT Staking Rewards Become APR: As LEGION (and potentially other sponsor tokens) accrues real value, the distribution to stakers can be viewed in Annual Percentage Rate (APR) terms.

  • Price Discovery: An open LP allows traders and participants to discover a fair price for LEGION based on demand from governance, gameplay, and speculation.

4.3 Upcoming “High Risk/High Reward” Fully On-Chain Game (FOCG)

  • Strategic Gameplay: Think of massively played Backgammon, Checkers, or Stratego—a minimalistic text based interface with deep strategic elements, fully on-chain.

  • LEGION as the Game Currency: All in-game actions, decisions, or wagers require LEGION, creating constant demand.

  • Deflationary Pressure: Certain in-game moves will burn or lock additional LEGION, further reducing circulating supply.

  • Long-Term Engagement: With a 10-year supply drip and continuous gameplay usage, LEGION is positioned for sustained utility.

Example

  • Carol uses LEGION for her FOCG moves. High-risk wagers may burn additional tokens for an edge or in-game activities. This cyclical usage ensures that LEGION remains in demand.

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Last updated 3 months ago