search

Token Lock Mechanism

A technical overview of G Coin’s time-based token locking mechanism for circulating supply control.

hashtag
Overview

Playnance implements a time-based token lock mechanism to manage circulating supply and support long-term ecosystem stability.

This mechanism replaces permanent token burning and is designed to regulate supply through predefined lock periods, cliffs, and linear release schedules.

All locking and release logic is enforced programmatically and applied consistently based on on-chain events.

hashtag
Gameplay Token Lock

Tokens lost through gameplay are temporarily locked and removed from active circulation.

  • Tokens lost during gameplay are locked for 12 months

  • During the lock period, the tokens are not part of circulating supply

  • Tokens are released back exactly based on the original loss date, after the 12-month lock period expires

This mechanism introduces delayed re-circulation while preserving predictable supply behavior.

hashtag
Unsold Tokens at TGE

All tokens not sold prior to the Token Generation Event (TGE) are subject to a structured lock and release schedule.

  • Unsold tokens are locked under a 12-month cliff

  • After the cliff period, tokens are released through 24-month linear vesting

  • This applies exclusively to tokens not sold before TGE

The structure limits post-TGE supply pressure and enables a controlled, time-based release aligned with long-term market stability.

hashtag
Locking Principles

The token lock mechanism is designed to:

  • Manage circulating supply without permanent token removal

  • Reduce sudden supply expansion

  • Align token availability with long-term ecosystem growth

  • Support predictable, rule-based release behavior

hashtag
Example: Gameplay Token Lock

If a player loses 1,000,000 G Coin on a specific date:

  • The tokens are locked and removed from circulation for 12 months

  • After exactly one year, the same tokens are released back into circulation

hashtag
Example: Unsold Tokens at TGE

If 15B G Coin are sold before TGE:

  • The remaining 39B G Coin are locked under a 12-month cliff

  • Following the cliff, the tokens are released through 24-month linear vesting

hashtag
Summary

The Token Lock Mechanism regulates circulating supply through time-based locks and scheduled releases, rather than permanent burning.

This approach maintains fixed total supply while enabling controlled circulation aligned with ecosystem usage and long-term stability.

Last updated

Was this helpful?