xDRACE Token

Users can get xDRACE token by staking in our staking app and playing the game to earn. 
1 xDRACE/block (3s) is currently distributed to all staking pools.
xDRACE utility
Buy packs
Pay fees for upgrade cars
Buy protection cards
Buy more playing turns for your cars
Buy lands
xDRACE is indispensable when players want to race to earn in the game
Claim in-app xDRACE to tradable xDRACE token
Previously, xDRACE was an in-app token. Over time, it shows some weakness and there is demand for trading and xDRACE will be one of the rewarding tokens. Thus, all previously earned in-app xDRACE token will be 1-1 converted to the new tradable xDRACE token.
All in-app xDRACE is converted 1-1 to the new xDRACE token.
Upon xDRACE deployment success, all your previously in-app earned token will be released 20%. The remaining 80% will be linearly vested over 14 days. 
Important note: Only your previously earned in-app xDRACE is locked and vested. All your future earned xDRACE will be unlocked immediately.
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Gamification of Token Economy 
The launch of DeathRoad play-to-earn at its simplest form will open an entirely new token economy surrounding DeathRoad ecosystem
DRACE: Fungible governance token. DRACE allows holders to vote for how the ecosystem will be developed and upgraded. Many ecosystem decisions will also be made via a voting governance 
As a governance token and also utility token, DRACE is used in almost every action/transaction of users
DRACE can be acquired by 
Buying from the open market, i.e. pancake swap
Earning vested DRACE token through playing the game
xDRACE: Fungible utility token. As a utility token, xDRACE has many use cases in the ecosystem, including
Buying box/packs
Upgrading cars
Buying playing turns
Buying protection card while upgrading
xDRACE can be acquired by
Buying from the open market
Staking
Earning vested xDRACE token through playing the game
In all use cases of xDRACE, the used amount of xDRACE will be burnt out of circulation to balance the xDRACE minted in staking and playing to earn.

Important technical upgrade for xDRACE
xDRACE token is upgraded to a new token contract with constant burn and liquidity on each transfer 
New xDRACE contract address: 0x7CDFBb5d09b6EF6c06764872134a9b281f050F8F 
To migrate from current xDRACE to new xDRACE, 
Go to your dashboard to migrate: https://app.deathroad.io/dashboard 
Migration ratio: 1-1 
Trading new xDRACE on PancakeSwap will have at least 7% slippage
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Showroom & Staking

NFT Upgrades

Last modified 4mo ago

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Outline

xDRACE utility

Claim in-app xDRACE to tradable xDRACE token

Gamification of Token Economy

Important technical upgrade for xDRACE