How to Play

Gauntlets and Greatswords - Season 1 Guide

Core Game Loop

  1. Mint Your Champion: Acquire one of the 8,192 unique Champion NFTs.
  2. Stake for $EXP: Stake your Champion to start earning the essential $EXP utility token daily.
  3. Enter the Duels: Use $EXP to pay the entry fee for each tournament round.
  4. Battle & Win: Engage in RNG-determined duels. Victory levels up your Champion and advances you to the next round. Defeat means elimination for the season.
  5. Claim Glory & Prizes: Survive 13 rounds to potentially reach the final prize pool!

Rules & Fair Play (Season 1)

Core Principles

  • Team Participation: The core development team is ineligible to win any prizes from the tournament prize pool.
  • Team NFT Holding: Team-held NFTs are solely for promotional purposes (prizes, auctions, raffles, supporting community events) and will not compete in the main tournament bracket for prizes.
  • Combat Determination: To ensure fairness and prevent predictability, duel outcomes are determined off-chain using a secure Random Number Generator (RNG).
  • Staking Commencement: $EXP staking rewards will begin accumulating 24 hours after the public mint concludes.

Tournament Schedule

  • Round 1 Start: Duels commence 2 weeks after staking begins.
  • Round Cadence: Subsequent rounds (up to Round 10) will also commence every 2 weeks.
  • Final Rounds: The concluding rounds (11-13) will occur at an accelerated pace to create an exciting finale to the season. Specific timing will be announced closer to the date.

Prize Pool Staking

  • The SOL allocated to the prize pool (70% of mint revenue, e.g., 5734 SOL based on a 1 SOL mint) will be staked in a Liquid Staking Token (LST) protocol (initially planned with Pesky Penguins validator) on Solana.
  • Staking rewards accrued by the prize pool principal may potentially enhance the final prize payouts further.
  • Prize funds will remain staked until the scheduled distribution dates for each prize tier.

Detailed tokenomics information, including the $EXP staking rates, duel costs, supply details, and Lord bonuses will be added here shortly.

$EXP Token Utility & Supply

  • $EXP is the core utility token within the Gauntlets & Greatswords ecosystem.
  • Earn $EXP daily by staking your Champion NFTs (see table below for rates).
  • Use $EXP to pay entry fees for tournament rounds.
  • Optionally, use $EXP to strategically \'Buy a Bye\' in early rounds (1-4), tripling the standard duel entry cost for that round.
  • $EXP will be available for trading on Solana Decentralized Exchanges (DEXes).

Supply Management & Longevity

  • The total supply of $EXP is fixed at 10,000,000 tokens.
  • Only 10% of the total supply (1,000,000 $EXP) is designated as the initial circulating supply for Season 1.
  • The remaining supply will be released gradually (~10% per season) to ensure project longevity and reward future players.
  • Full token circulation is anticipated around Season 10.
  • A percentage of the circulating supply will have locked liquidity provided on DEXes.

Lord Class $EXP Bonus

NFTs with the Lord class receive a bonus to base $EXP staking earnings, decreasing each level:

  • Level 1: 1.50x
  • Level 2: 1.45x
  • Level 3: 1.40x
  • ...decreasing by 0.05x per level until Level 11.
  • Level 11+: 1.00x (no bonus)

Projected Tokenomics (Season 1)

LevelNFTsStake/Day (Non-Lord)Stake/Day (Lord)$EXP Cost / DuelTotal $EXP Cost / Round$EXP Cost / Bye (3x)
18,19211.514114,688344,064
24,09634.3540163,840491,520
32,0485765133,120399,360
41,02479.459092,160276,480
5512911.712061,440184,320
62561113.7515038,400115,200
71281315.618023,04069,120
8641517.2520513,12039,360
9321718.72307,360N/A
10161919.952604,160N/A
11821212902,320N/A
12423233201,280N/A
1322525350700N/A
Season 1 Initial Circulating Supply:1,000,000

Note: Buy a Bye option only available for rounds 1-4. Staking earnings are per NFT per day. Total costs assume all NFTs in the level enter the duel.

$EXP Tokenomics

Detailed tokenomics information, including the $EXP staking rates, duel costs, supply details, and Lord bonuses will be added here shortly.