EMPLE (Utility Token)

EMPLE

• Ticker symbol = EMPs

• Issued as an FT on the Soneium under ERC-20; no issuing limit

• Utility token, newly issued as a reward for contributions to the community and distributed according to the outcomes of Pal race

• Rewards will be separated into EMPL and locked EMPL

• Both EMPL and locked EMPL will be used and treated as the same within the service, with locked EMPL being used first. Locked EMPL cannot be withdrawn outside of the service, but EMPL can be withdrawn outside the service by exchanging them for YAY at market price.

Locked EMPL

• EMPL obtained within the service will be delivered in a locked state.

• Locked EMPL becomes unlocked only after the appointed period of time passes, and it cannot be used towards app utilities or sent to wallets until then.

• The speed at which EMPL will be unlocked will depend on market demands and will be automated.

• In a predominantly selling market, the lock period will be longer; in a predominantly buying market, the lock period will be shorter.

• Locked EMPL can be taken away by or from other participants depending on the outcomes of Pal races.