CryptoSteam

Aaron Pulkka, former vice-president of Activision Blizzard, founded CryptoSteam, a crypto-games publishing platform, and invented the concept of GameFi 2.0. CryptoSteam disrupts the traditional Steam-like publishing platform model by directing all platform revenue and revenue from games, like DeDragon, into the DAO treasury, which is controlled by protocols to buy back governance tokens when they fall below a set price, while the liquidity of governance tokens is bought back from the market through the mechanism of bonds. Cryptosteam combines this model with “Play To Earn” to create the new GameFi 2.0. CryptoSteam also uses Tokens and NFTs to connect the economic model of all games. Allowing game developers to become the managers of CryptoSteam through the DAO. All of the profits will be used to maintain the stability of the platform’s GameFi 2.0 economic model.

The vision of CryptoSteam is to become the infrastructure provider of Metaverse, and be the bridge to connect all other meta-universes together.

CST is the governance token of the CryptoSteam platform and is the bearer of the value of the entire platform. CST is used throughout the economic model of every game on the platform. CST holders will receive the governance and voting rights of the platform. Each CST token is backed by a basket of assets (e.g. USDC) in the CryptoSteam treasury, giving it an intrinsic value that it cannot fall below. CryptoSteam also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.

Staking, Bonding, Play to Earn, three main ways to participate in CryptoSteam construction. Stakers stake their CST tokens and NFTs in return for more CST tokens, while bonders provide LP or USDC tokens in exchange for discounted CST tokens after a fixed vesting period. Game players earn CST by playing games on the platform.

The main benefit for stakers comes from supply growth. The protocol mints new CST tokens from the treasury, the majority of which are distributed to the stakers. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit. The main benefit for bonders comes from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is in CST and thus the bonder's profit would depend on CST price when the bond matures. Bonders benefit from a rising or static CST price.

Token Allocation(Total volume 1,000,000,000)

The CST economic model follows the Olympus DAO model, so the emission of CST is controlled by the protocol of the treasury and cannot vest to early investors and IDO users at will. In order to solve this problem, we introduced aCST. The allocation of aCST is the same as CST, which is also 1 billion. aCST is vested to early investors and IDO users according to the release rules. aCST and CST have a 1:1 exchange relationship. You can exchange aCST from CryptoSteamDAO to CST through the official website and the recycled aCST will be destroyed.

The income on the platform of the sale of NFT assets and transactions fee 20% goes into CryptoSteam DAO, and 80% goes into Treasury DAO. CST MINT income, LP liquidity of bonding 100% goes into Treasury DAO. All assets of the DAO Treasury are controlled by the protocols and provide price support for the governance token CST.

The CST minted by the Treasury DAO from the income of the sale of NFT assets and transactions fee will go into the CryptoSteam DAO, these CST tokens will be used for the exchange of aCST tokens. Other income will be used for the development of DAO.

Ruby and CST tokens consumed during the game will go into the reward pool and will be awarded to the top players in the game leaderboard.

Ruby Revenue comes from the consumption of breeding and playing the DeDragon game. 50% Ruby Revenue will be destroyed, 20% will enter the Reward Pool, 20% will enter the CryptoSteam DAO, and 10% will reward the promoter.

CST Revenue comes from the consumption of breeding. 80% return to the contract, 20% enter CryptoSteam DAO.

Stakers stake their CST and NFTs on the CryptoSteam website to earn rebase rewards. The rebase rewards come from the proceed from bond sales, and can vary based on the number of CST staked in the protocol and the NFTs hash set by monetary policy.

The increase in your stake of CST translates into a constantly falling cost basis converging on zero. This means even if the market price of CST drops below your initial purchase price, given a long enough staking period, the increase in your staked CST balance should eventually outpace the fall in price.

When you stake, you lock CST and receive an equal amount of sCST. Your sCST balance rebases up automatically at the end of every epoch. sCST is transferable and therefore composable with other DeFi protocols.

When you unstake, you burn sCST、unlock NFTs, and receive an equal amount of CST. Unstaking means the user will forfeit the upcoming rebase reward. Note that the forfeited reward is only applicable to the unstaked amount; the remaining staked CST (if any) will continue to receive rebase rewards.

1. Go to the Stake page of the CryptoSteam website. Select the "Stake" tab.
2. Enter the amount of CST and NFTs that you would like to stake in the input field. If you would like to stake all your CST, press the "Max" button and the input field will be populated with all your available CST balance.
3. Click "Approve" and sign the transaction.
4. After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. Voila, you have staked your CST.

DeDragon NFT Marketplace is an NFT decentralized exchange where users can freely buy and sell in-game NFT assets. The platform will charge a 4.25% transaction fee, and that revenue will flow into the platform DAO Treasury.DeDragon NFT Marketplace is an NFT decentralized exchange where users can freely buy and sell in-game NFT assets.

The platform will charge a 4.25% transaction fee, and that revenue will flow into the platform DAO Treasury.