Article Summary, Automatically Generated By AI
Summary of The Rug Game
- TRG: core governance token, exists beyond the current 10-letter game and future games.
- 10 game tokens: $T, $H, $E, $R, $U, $G, $G*, $A, $M, $E*
-
Tax structure:
- 4% tax on game tokens
- 1% buys and burns CULT
- 1% buys and burns TRG
- 1% sent to burn wallet
- 1% collected in ETH
- Token launch: January 6th, 2023</
In the Realm of The Rug Game
Step into the captivating realm of The Rug Game
TRG serves as the foundational governance token of the Rug Game, transcending the current 10-letter game and all forthcoming games.
Beyond this, a diverse array of 10 game tokens is also available.
The RUG Game*
The aforementioned 10 tokens are subject to a 4% tax allocation, wherein 1% is utilized to purchase and burn CULT, another 1% is dedicated to buying and burning TRG, 1% is directed to a burn wallet in the form of a game token, and the remaining 1% is collected by a contract and held in ETH.
On January 6th, 2023, all of these tokens were launched. Subsequently, every 30-60 days, a mechanism is triggered, wherein the token that has burned the least amount numerically among the gaming tokens, including CULT and TRG, is eliminated, and its liquidity is automatically rugged.
Any residual Ether (ETH) remaining in the liquidity pool (LP) at the time of the rug pull will be automatically utilized to repurchase TRG, which will subsequently be distributed to the TRG DAO and stakeholders.
At the time the token with the fewest burns is identified, 1% of the ETH collected from every other community token is distributed as ETH rewards to the holders of the winning community tokens.
A community’s corruption can be its salvation. Any wallet can stake, and any wallet holding TRG or CULT can offer a bribe to the DAO. By sacrificing their TRG or CULT, a wallet can allocate a corresponding amount of “points” to a game token of its choice.