RNRS utility
The $GEMS
$GEMS are ERC721 tokens, a blend of NFTs and tokens. In the Base Runners universe, $GEMS are not just tokens; they are the keys to unlocking the secrets of the digital realm, each one a piece of the puzzle that brings the Base Runners closer to their ultimate goal.
The Burning Tax Mechanism
To prevent exploitation through the burning and minting of new tokens, a random send tax between 0% and 100% is introduced. For instance, if a Base Runner decides to reroll their NFT, they might face a tax of 80% on their $GEMS. This mechanic adds a layer of risk and reward, akin to the challenges faced by the Base Runners in their quest for knowledge and power.
Supporting $RNRS Holders
To incentivize $RNRS token staking, a reduction in the maximum burn rate is offered. For every $RNRS token staked, the chances of your NFT being burned are reduced by 0.1%, up to a maximum of 50% reduction. This mechanism ensures that staking $RNRS tokens provides significant protection against the risk of your rare digital asset being burned. It's akin to the Base Runners' allies providing them with a shield, protecting them from the dangers of the digital landscape.