MicroMachines ($MMAC)
MicroMachines ($MMAC) are the first token in the Micro Machines - Rise of the Warbots ecosystem and a highly scarce asset. Only 2000 $MMAC were originally released, 1000 of which were instantly sent to a burn wallet so that the total supply is a mere 1000. The transaction tax of the $MMAC token is 10% and breaks down as follows:
8% to liquidity
2% reflected to holders
Scarcity
Since 50% of the supply of $MMAC lives in the burn wallet, 50% of every transaction reflection goes directly to the burn wallet. The total supply of 1000 $MMAC is therefore decreasing over time, effectively creating an even scarcer asset. As if that wasn't enough, the majority of $MMAC tokens will inevitably be locked up in staking to produce Warbot NFTs, so most of the $MMAC tokens won't even be in circulation.
All of this means that holding a full $MMAC token becomes more difficult over time since fewer of them will be available (think about how high the price of a single $MMAC token will be when so few exist!). This is important because in order to stake $MMAC for Warbot NFTs, you need to stake a minimum of 1 $MMAC, effectively limiting the number of holders who can mint Warbot NFTs. You'll want to get your hands on at least 1 $MMAC if you want to produce and sell Warbot NFTs!
Token utility
As mentioned before, the main utility of $MMAC will be staking at least one to mint Warbot NFTs that can be sold and/or battled with. Want to know more about staking $MMAC? Check out the Staking Page.
$MMAC can also be paired with $MATIC and staked to farm $NMAC tokens. The $NMAC token is extremely important in the Micro Machines - Rise of the Warbots game and you can find more information about it on the NanoMachines ($NMAC) Page.
1 $MMAC can also be burned to produce 4 Warbot NFTs instantly, again adding to the scarcity of $MMAC.
Last updated