🏙️Cities and zones
Cities minting and burning pricing follow a linear bonding curve.
The specific pricing formula depends on its zone and he amount of units already minted.
Where n = amount of units in circulation
*Formula assumes base rent cost (with Radiation at 5/5). Cities with more Tax Points and better Radiation levels will have higher base rents.
Minting and burning
As explained above, the circulating supply of each city is used for the minting and burning pricing.
If Seoul has a 10 supply, the following will be applied:
If a new user mints a unit of Seoul -> Minting price = (0.008*10) + 1 = 1.08 INIT
If a holder of Seoul burns a unit -> Burning price = (0.008*9) + 1 = 1.072 INIT
Protocol fee
A 5% protocol fee is applied when minting and burning units (in INIT).
This protocol fee is sent to the Game Treasury address and its proceedings will be used towards game development and maintenance of the Civitia ecosystem.
Zone multipliers
When a user mints and holds all three cities (3/3) of a given zone a x2 stake multiplier is applied to their rent earnings from all the cities in that zone.
A detailed explanation can be found in Rent distribution.
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