Welcome toGalaxy Invaders

TEST

💰STAKING

• Mint a Space Ship by staking Eth in a staking service "homeworld" such as Lido, Rocket Pool ect.
• Your Ship spawns on your home planet, but can visit other planets. But your Eth remains in staking in your original service.
• As your staked Eth generates rewards, they are wrapped into Ammo Tokens.
• Your stake is never at risk
• These Ammo tokens can be used for gameplay, withdrawn, or unwrapped back to Eth.

🚀SHIP BATTLE

• Other ships with the same staking service Homeworld are your allies.
• Ships with different Homeworlds who travel to the same planet can attack each other there.
• To attack another ship you fire Ammo at them. If you are successful, you win double the amount that you fired from your target.
• If you miss, the ammo is distributed out to all stakers on the planet.
• Your odds of winning the battle are based on your ships relative Exp level.

👾ALIEN BATTLE

• Aliens are NPCs that randomly attack the planets. They may try and steal ammo.
• By shooting Ammo at Aliens you can earn Galaxy Tokens which can Power Up your Ship
• Each alien has a lifecyle before they respawn elsewhere.

Galaxy Tokenomics

🖊AMMO TOKEN

• Ammo tokens are utility tokens.
• Ammo tokens represents your staked ETH's yield and can be redeemed for their underlying ETH at anytime.
• This 1-way redemption effectively puts a floor on Ammos price, but not a ceiling. Utility may increase the Ammo price and consequently the staking APR.
• Each Ammo represents 1/(1 x 10^7) Eth, making the shot size easier to comprehend vs 0.0000001 Eth
• Ammo can be withdrawn and traded or transferred.
• Ammo tokens that are shot at aliens in the game are burned and their underlying Eth will be added to protocol owned Treasury. This liquidity will be put to use earning yield either by staking in a LP pool or staking in a validator service such as Rocket Pool.

👾GALAXY TOKEN

• Galaxy tokens are the governance tokens for the Galaxy Invaders game.
• Earn Galaxy by destroying Aliens.
• Galaxy can be burned in Game to power up your ships attack and defense power.
• Galaxy Tokens will control the DAO and earn protocol fees
• Emissions rate of Galaxy tokens will be scheduled to decrease over time with a hard cap, subject to DAO votes.

TOKEN ALLOCATION

Galaxy Token Distribution:

• 10% -> Developers - locked for 1 year.
• 85% -> Players via normal gameplay mechanics.
• ~5% -> Protocol owned LP pool.
• Cap not yet decided.

• The treasury funds will be used for activities like funding audits, marketing, rewarding community ect.

SHIP NFT

• Your ship NFT utilizes a new type of smart contract standard (EIP-6551) aka Token Bound NFTs that allows the NFT itself to act as a smart wallet and OWN other tokens.
• This new functionality is leveraged to allow your ship to own its staked ETH, Ammo and Galaxy tokens and to interact with the smart contract on your behalf.
• You can own multiple ships with distinct attributes in one wallet and easily switch between them and perform bulk operations.
• Each ship NFT will be a unique dynamic SVG created with your ships attributes.
• You can burn Galaxy to increase your ships attack and defend power.
• Beware this means that if you sell your ship, you sell all your game inventory and characteristics.
• As owner of your ship you can always transfer tokens between your ship NFT and your wallet. However traits like Exp remain attributed to your wallet permanently.

Risks

• This Game is currently unaudited, you may lose what you put in. Once funds are available an audit will be completed.
• Barring a smart contract bug, your Eth stake and GLXs should be safe, but your ships Ammo is always at risk.
• If you sell your ship, all your coins and Exp will be transferred.
• If you buy a ship on a public market beware that the tokens held in the ship may be withdrawn right before the transfer is complete. The Exp points will remain associated to the ship. Markets are currently working on a solution to this new issue introduced by the new Token Bound account contracts.