The YMT token is a core utility token for the new Web 3.0 based gaming project 'Legend of Ymir'. This whitepaper provides detailed explanations of YMT token issuance, distribution, use cases, and plans for building a sustainable ecosystem. YMT token goes beyond being a simple in-game asset; it plays a crucial role in energizing the game economy and providing real value to users.
2. Tokenomics
2.1. Token Information
Token Name: YMT
Initial Supply: 1.3 million tokens (pre-minting)
2.2. Token Acquisition Methods and Supply Plan
YMT tokens are supplied and distributed according to the following strict rules:
Initial Supply: A total of 1.3 million YMT tokens are pre-minted and prepared.
Weekly Supply: Starting from August 19, 2025, 55,000 YMT tokens will be supplied every 7 days. Additionally, after the launch of Legend of Ymir, up to 15,000 additional YMT tokens will be supplied.
Halving: A halving system is applied where the token supply is reduced by half every 30 days to maintain scarcity.
2.3. Token Distribution
The 70,000 YMT tokens supplied weekly are distributed as follows:
Valahlla Trial: Until the launch of Legend of Ymir, 55,000 YMT tokens per week are distributed differentially to users ranked 1st to 1,000th in the 'Valahlla Trial' program according to their rankings. This is a core reward system given to users who contribute to building the Ymir player ecosystem.
Weekly supply decreases according to the halving schedule as follows:
3. Token Use Cases
YMT tokens have very important value within the 'Legend of Ymir' game:
Ymir Partners Exclusive Shop Purchase: An exclusive store that can only be purchased with YMT tokens is provided, and only Ymir Partners users (Valhalla program ranking 1-100) can purchase products that will help themselves or friends they play the game with.
In-game Mileage Exchange: After the launch of Legend of Ymir, you can exchange your held YMT for mileage. Mileage can be exchanged for various in-game items through the future mileage shop.
4. Token Ecosystem Sustainability
Scarcity Management: The halving system that occurs every 30 days is designed to suppress token inflation and increase the scarcity of YMT tokens over time to maintain value.
Buyback: For 3 months after game launch, 3% of monthly revenue will be used as YMT token buyback funds. This will play a major role in purchasing tokens from the market to reduce circulation and enhance the value of YMT tokens.
Expanding Use Cases: Continuously expand the use cases of YMT tokens within the game to activate token circulation and encourage active use beyond simple ownership.
Community Integration: The in-game competition system and ranking rewards draw continuous user participation, and through community activation, make the foundation of the token economy more solid.
5. Vision
YMT token is a core element of 'Legend of Ymir' and an important medium connecting the game and real economy. Through thorough supply management, clear use cases, and organic integration with various in-game systems, YMT token will create sustainable value and provide positive experiences to all participants.
