Token Detail

2. What is BAY

BAY is the soul of the cryptobay metaverse .BAY is the bridge of the relationship between the cryptobay metaverse, integrating all the elements of the cryptobay metaverse together.
1) Staking
Players will be able to lock up their tokens to receive newly created BAY. Stakers will also be
required to vote and play to claim rewards .
2) Payment
BAY will be accepted as currency in the NFT marketplace. BAY may also be used to determine eligibility for participation in certain sales/auctions .
3) Governance
Token holders of BAY have voting power in DAO governance .Voting mechanism is based on weighted voting .
4) Community Treasury
When the Community Treasury go live and cryptobay has become sufficiently decentralized ,the treasury will be governed by BAY staker .
5) Gaming
All games and functions of cryptobay will support BAY . With BAY you can enjoy all the gaming and meteverse in CryptoBay .
6) Discount
There will be special discounts when hold and use BAY in the cryptobay metaverse .

3. Total supply

The total supply of BAY token is 900,000,000 .

4. BAY token allocations and unlock schedule

allocations
%
amount
unlock schedule
Play to Earn
15%
135,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Staking Rewards
15%
135,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Ecosystem Fund
10%
90,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Team
21%
189,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Advisors
7%
63,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Marketing
8%
72,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Community Fund
5%
45,000,000
It will be completely locked before Pre-Launch Liquidity is unlocked. Gradual unlock over 3 years.
Cross Chain Pre-Launch Liquidity
12%
108,000,000
Cross Chain Pre-Launch Liquidity arrangements will follow the cross-chain process.
Airdrop
2%
18,000,000
The airdrop plan will not start until the Pre-Launch Liquidity is unlocked.
BSC Pre-Launch Liquidity
5%
45,000,000
Unlocked after 3 months .

5. BSC Pre-launch Liquidity Offering Rules

For each BNB offering during this pre-launch window, users will receive a BAY-BNB LP according to the following mechanism:
1. Suppose you provide 1 BNB on the BAY Pre-launch Liquidity Offering. 0.5 bnb will distribute to the team, and the other 0.5 bnb will form an BAY-BNB LP worth 1BNB with BAY token.
2. You will get a BAY-BNB LP worth 1 BNB. This BAY-BNB LP worth 1BNB which contains 0.5 bnb and BAY worth 0.5bnb .
3. The value of BAY-BNB LP will change when BAY is tradable .
4. The BAY-BNB LP you get will be locked to the LP pool of pancakeswap, and will be unlocked after 3 months.
5. There will be no release with any other BAY tokens during the BAY-BNB LP locked up period.
6. 5% of the total supply BAY tokens will be issue for this Pre-Launch Liquidity Offering.
7. The hard cap of this Pre-Launch Liquidity Offering will not be announced. Once the hard cap is reached, it will stop immediately.
8. After the BAY-BNB LP is formed, before we announce the BAY token address, you are not allowed to purchase BAY token in advance. If you purchases before we announce the BAY token contract address, you will bear the consequences and the economic losses caused by yourself. This rule is to protect normal investors and prevent robots/contract from buying BAY tokens in advance after the pre-launch is completed.
9. Again: before the team officially announces the contract address of the BAY token, it is not allowed to purchase BAY Token in advance. If you violate this rule, you will bear the consequences of the economic loss yourself.
Last modified 5mo ago
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