$Glint

As an in-game currency, Haaste studios is using token $Glint on Solana network. This token will be used in a game for following purposes : Mynt token does not have maximum supply and is inflationary. 100 000 000 of $Glint is pre-minted and Stored in a Vault. Vault is a wallet owned by Haaste studios and its only purpose is to store $Glint which will be distributed to players as rewards.

Asset Management / Glint Inflation

As mentioned above, $Glint is an inflationary in-game currency created on the Solana blockchain. This asset is partially pre-minted as 100 000 000 tokens are created by Haaste studios and held in a liquidity vault. Staking - players have the option to stake their $Glint either through using our community wallet or storing them in the game itself. This option will be called “Piggy Bank”. Staking rewards are variable and change based on the total amount of $Glint staked, with a maximum reward rate of 19.99% APY. Haaste studios applies a 2% fee on staking rewards, which are then transferred back to the liquidity vault. Glint inflation: As more and more players will join the project, the demand for Glint can outgrow the supply and, therefore the price will rise. If left unbalanced this could simply lead to in-game assets being overpriced and not affordable for the general public and stop the natural growth of the project. That is when additional mint is going to take place and more tokens will be introduced into the circulation to restore the balance between supply and demand.