Stitch - $STI

STI

STI is an ERC-20 governance token for the Adora Universe. STI holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn STI when they play various games within the Adora Universe and through user-generated content initiatives.

Our goal with STI is to align the incentives between the players of the game and the developers in novel and exciting ways. The mechanisms described above have two main goals:

• To reward players for interacting with Adora while simultaneously incentivizing them to hold on to their tokens so they can claim additional rewards.

• To decentralize the ownership and governance of Adora.

We want Adora to become one of the first games truly owned and operated by the community that plays it. This opens up limitless possibilities but must be approached carefully. In the past, projects have been abandoned and become stagnant using the term “decentralization” as a ruse. The shift to a true Decentralized organization will occur gradually over time.

At a proper timing, the Community Treasury will go live. The Community Treasury will begin to receive revenues generated by Adora as well as a portion of staking rewards. This treasury will be governed by STI stakers eventually, once the network has become sufficiently decentralized.

The Treasury receives inflows from:

• 2.5% of all Adora NFT marketplace transactions.

• The STI portion of the recreation fee.

More streams will be added in the future from cosmetic sales, tournament entry fees, licensing fees, and more as new opportunities present themselves.