Token Nomics
Last updated
Last updated
When using the MetaGauge DAPP, users can receive rewards in the form of ROD tokens and MGR tokens through mining by generating mobility location (GPS) data. ROD tokens and MGR tokens are swapped interchangeably. The swapping ratio fluctuates based on their respective values.
Users can receive ROD tokens as rewards based on their "account level" while generating location (GPS) data. ROD tokens serve as the utility token for MetaGauge and can be swapped for RP points at a 1:1 ratio. RP points can also be purchased in-app and ROD tokens will be listed on DEX exchanges for trading.
Users can receive MGR tokens as rewards starting from account level 20 of their 'Parts NFT level' by generating location (GPS) data. MGR tokens serve as the governance token of MetaGauge, with a total supply of 10 billion tokens. MGR tokens can be swapped for MP points received as rewards at a 1:1 ratio.
Users can receive RP tokens based on their account level before receiving ROD tokens by generating location (GPS) data. To enhance the Web3.0 experience for Web2.0 users, MetaGauge covers the gas fees, allowing users to swap tokens and mint NFTs even without exchange accounts or mainnet coins. To alleviate excessive gas fee burdens, users first receive RP (ROD POINT) rewards. RP points can be swapped for ROD tokens at a 1:1 ratio and can be obtained starting from 600 RP points within the MetaGauge DApp. Through RP, MetaGauge operates as a mechanism to minimize gas fee burdens.
Users can start mining MGR tokens from their NFT Level 20 account onwards by generating location (GPS) data. To enhance the Web3.0 experience for Web2.0 users, MetaGauge covers the gas fees, enabling token swaps, NFT minting, and other functionalities even without exchange accounts or mainnet coins. To alleviate excessive gas fee burdens, users first receive MP (Meta Gauge RPM POINT) rewards. MP points can be swapped for MGR tokens at a 1:1 ratio and can be obtained starting from 500 MP points within the MetaGauge DApp. Through MP, MetaGauge operates as a mechanism to minimize gas fee burdens.
Users can acquire RPM (Retail Point Module) points, which are mobile coupons and shopping-specific points, by generating location (GPS) data or completing daily missions.
