$PUFF Utility Token
is a first of its kind utility token on Solana incorporating game-theory. launched in November 2021.
$PUFF plays a central role in all of the SAC ecosystem including several burning mechanics & future IRL usage in the Cannabis Industry.
All about $PUFF
Utility
$PUFF Token is the utility token used all over the SAC Ecosystem as well as in the Cannabis Industry to pay for accessoires & herbs where applicable. The first-ever Token to get your Greens.
Tokenomics
A token in the Solana ecosystem which incorporates mechanisms of game-theory as well as intelligent burning mechanisms to increase the value.
Team
With the team’s experience in payment systems and tokenomics, they have been able to create the mechanics in a first to be seen NFT-based utility token with actual real life value.
Stats
Tokenomics - The first-ever Token to get your Greens 😉🌿
$PUFF is the first token in the Solana ecosystem which incorporates mechanisms of game-theory and intelligent burning mechanisms to increase the value.
Alone in the past 4 months, 75% of the distributed supply has been burned - something never seen before.
To estimate any value of token it’s always important to look at two import factors: Supply & Demand
Supply
The important factor of supply is the circulating supply. The initial supply of $PUFF is 0.
80% of the supply can only ever be produced by staking the SAC NFTs. The rest of the supply is used to stabilize the price in the Liquidity Pool & increase the value through positive incentives.
The $PUFF supply will also be affected by "halving periods". Every 20M $PUFF distributed, the staking rewards will decrease by 30%.
So the circulating supply is a dynamic value, which is transparently shown on our own Stats Board. You can see the detailed distribution in the graph.
Demand / Utilities
$PUFF is the first token in the Solana ecosystem which incorporates mechanisms of game-theory as well as intelligent burning mechanisms to increase the value.
First-ever NFT Evolution
Sent your Stoned Chimpion to a retreat and see if you get a new role. Burned 1.3M $PUFF already.
Try it out
SAC Online Store & the physical world
$PUFF can be used in our online stores to pay for apparel, weed accessories & further products. Five dispensaries in the US already decided to accept it on their own. Our fist merch drop happened in March and burned over 300,000 $PUFF.
Rescue Missions for Nuked Apes
Combine 2 Role Apes + 1780 $PUFF to get a Nuked Ape. The $PUFF consumed will be burned & the amount will increase over time to rise the difficulty.
Auctions
There will be several auctions over the life-span of SAC & 10% of the proceeds will be used to buy-back $PUFF and burn it. In the Nuked Apes collection, 10 Legendary NFTs will be auctioned.
$PUFF-only mints
In the future, we’ll have designated side collections, that are only available in $PUFF. A certain percentage of $PUFF will be burned to further decrease the supply.