Request Template: Using the template proposed by @PurritoGeneral – Triple Farm Request Template
1.1 Please describe your project. What is it doing to improve Cardano?
The Walkers App introduces the pioneering Walk2Earn model on Cardano.
It’s innovative “move2earn” model uniquely rewards holders based on the distance they walked. Holders of WalkersCNFT are empowered to accumulate XP , earning valuable points that can be exchanged for $WLK tokens and additional partner tokens. By engaging with the Walkers app, users not only contribute to their own well-being but also immerse themselves in a GameFi experience.
Holders of WalkersCNFT are empowered to accumulate XP, earning valuable points that can be exchanged for $WLK tokens and additional partner tokens or coins.
Our mission is to drive widespread and lasting adoption of Cardano by attracting users from both web2 and other blockchains.
1.2 What does the Token do? How many holders does it currently have?
$WLK is the primary currency and utility token within the Walkers ecosystem.
-Governance token - Holders participate in decision-making processes, including prioritizing developments within the Walkers ecosystem and making investment decisions for fund allocation.
-XP Accumulation through Everyday Walking: Users earn XP by incorporating daily walks into their routine, encouraging a healthier lifestyle
-Everyday Task Solving for Community Socialization and Marketing: Participating in everyday tasks fosters community socialization and serves as a platform for effective marketing strategies
-Mission Completion for XP: Engaging in app missions allows users to accrue XP, creating a dynamic and goal-oriented experience
-Marathons and Races for Community Socialization and Marketing: Community-building is facilitated through marathons and races, acting as both a social and marketing initiative.
-Challenges for Motivating Healthier Lifestyles: Challenge features inspire users to lead healthier and improved lives, promoting well-being.
-NFT Boxes/Raffles with $WLK Token Tickets: The utilization of $WLK tokens in NFT boxes and raffles enhances user engagement and participation.
-Bet on Walker with $WLK and Partner Tokens/Coins: Users can wager on Walkers using $WLK and partner tokens/coins, adding a gamified element to the ecosystem.
-Marketplace for Trading with $WLK Tokens: The marketplace enables the seamless trading of all Walker assets using $WLK tokens.
-Mint Boost with $WLK: Users can enhance their experience by utilizing $WLK to mint boosts.
-Mint Revive Drink with $WLK: The option to use $WLK to mint revive drinks adds another layer of reward incentives for users.
-Breeding to Burn Supply of Main Collection: Breeding activities contribute to the controlled reduction of the main collection’s supply, enhancing its scarcity.
-Exercise Programs for Health Motivation: Tailored exercise programs motivate users to adopt healthier lifestyles.
-Nutritionist Services for Health Motivation: Access to nutritionist services encourages users to prioritize their health and well-being.
-IRL Partnerships for Discounts and Affiliate Programs: Real-world partnerships with healthy food and sports brands provide discounts and affiliate programs, rewarding Walkers holders.
-Stake $WLK for Additional Rewards: Staking $WLK tokens offers users additional rewards, fostering economic participation within the Walkers ecosystem.
WalkersCNFT is currently undergoing dynamic development, guided and shaped by the active participation and governance of our Walkers community.
Since its launch in August 2023, the Walkers walking app has undergone 11 upgrades. However, our overarching vision extends far beyond its current capabilities.
Currently, $WLK have 350 holders and 800 daily active users of Walkers App, who are set to receive their earned tokens in August. With the expansion of our free user base and an increasing variety of airdrops from different tokens, we anticipate a significant rise in the number of $WLK holders.
1.3. Why do you want a MIN Farm? How does the Minswap community benefit from offering a MIN Farm for your Token? Apart from the MIN Farm, will you add your own Token as incentives as well (Double Farm) If yes, how much?
We aim to establish strong liquidity.The primary reason for initiating a Triple Farm on Minswap is to incentivize our community to provide substantial liquidity for the native $WLK token. In August, we are launching PointSwap in Walkers to encourage users to hold their $WLK by participating in $WLK liquidity. We will achieve this by offering rewards in the form of $WLK, in addition to the regular MIN farm (MIN + ADA).
To support this, we will add 1,100,000,000 $WLK with a 12-month vesting period.
1.4. How much circulating supply is there of your token? Please inform us briefly on your tokenomics, including the distribution and vesting schedule of the token (investors, team, yield farming, etc.)
In crafting the $WLK tokenomics and shaping the entire in-app economic framework, we have worked with Noma Tokenomics. https://noma.pro/
- Private presale — 4,2% — 50% discount — 6 months vesting
- WalkPass holders presale — 2,5% — 30% discount — 3 months vesting
- WalkPass holders presale — 3,3% — 10% discount
- WalkList presale — 7,2%
- Rewards — 47,8% — 60 months vesting
- Airdrops 1 — 1% — 12 months vesting — WalkPass holders
- Airdrops 2 — 1% — 6 months vesting — $WLK holders
- Developments — 3% — 24 months vesting
- LP — 15%
- Farming — 5%
- Partnerships — 5% — 24 months vesting
- Marketing — 5% — 24 months vesting
Circulating Supply at Launch — 6,888,750,000
Free at TGE — 12,53%
1.5. Is your Project audited? By whom?
Working closely together, Noma Tokenomics has created a detailed document for auditing Walkers’ tokenomics. This audit includes:
Competitor analysis
Review of the token flow
Supply and demand sensitivity analysis
Identification of monetary policy levers
Token distribution and allocation
Token utility analysis
Stress test and recommendations report
The audit of the $WLK utility token and its economy was conducted by Noma Tokenomics
https://noma.pro/
- Yes, in favor
- No, do not add this Farm