Pal Life Spans and Beyond

Life Span Overview

• All Pals will survive for a certain number of days

• After this period, each Pal has a fixed probability of dying each day

• The higher the rarity of a Pal, the longer its lifespan

• Pals that have ascended to heaven cannot join races

• Keeping those Pals in heaven may trigger special events

The Reason for the Pal Life Span

The below cycle can be observed in typical GameFi:

1. NFTs continue to increase

2. New users stop coming

3. NFTs stop being purchased

4. New NFTs stop being issued

5. Tokens needed for issuing NFTs stop being consumed

6. The supply and demand of tokens falls out of balance

In order to prevent this kind of cycle from forming within Yay!, we will create a sustainable token economy according to the below design:

1. By setting a fixed life span for Pals, users will be able to acquire rewards in shorter periods of time

2. The supply and demand will be continuously stimulated not only by new users but also by previous Pal owners

3. Pals will continuously be issued

4. Tokens will continuously be consumed

5. The supply-and-demand for tokens will be balanced and maintained