Arena of Faith will destroy 977,120.12 native tokens ACP after the Gate is launched at 18:00 today

Odaily Planet Daily News The native token ACP of the full-chain e-sports Web3 game ecosystem Arena of Faith will be launched on Gate at 18:00 today, and then 977,120.12 ACP will be destroyed. The source of the ACP destroyed this time is the two aspects of consumption generated since the launch of the MOBA game AoF: one is the burning of game functions, including the ACP service fees for functions such as name change, exchange, team creation, proxy play, etc., which will be burned to reduce the circulation of tokens; the second is the burning of on-chain assets, including the casting of NFTs (hero cards, battle flags, avatars, skins), asset pledge, redemption, upgrade, synthesis and other operations. The $ACP service fee will be burned to adjust the market supply. In addition, AoF announced that it will start the sale of classic hero card NFTs on January 22, and the ACP generated by the casting of hero cards during the period will also be destroyed. In addition, AoF will also increase the following two sources of consumption: one is that users burn $ACP by participating in DeFi. AoF will start a campaign on January 22 to pledge ACP to obtain 100% ARP annualized income, in which the pledged ACP principal will be burned, and when the 100-day lock expires, users will be rewarded with up to 200% ACP tokens; the second is the platform ecosystem burning. By introducing advertising and recharge income in Web2 games, part of the income will be used to reduce the ACP circulating in the market, further optimize the game economic ecology, and enhance the long-term value of tokens.