# SCRAP Tokenomics

## SCRAP (ERC-20 Token)

$SCRAP is our utility token where our players can both earn and spend in the Meta Mech universe.

**Token name:** SCRAP\
**Chain:** Polygon\
**Standard:** ERC-20\
**Total Supply:** 2,000,000,000

## SCRAP Distribution 

#### Meta Mechs Owners (30%)

600,000,000 is available for SCRAP owners to mine. More info can be found in our staking plan.

#### Universe Operation (45%)

900,000,000 SCRAP is reserved for the universe operation such as rewards for mech events and future plans involving the Meta Mech project. 50 percent of this is unlocked at launch, and 10 percent will be unlocked every 3 months. 

#### Community Projects (15%)

300,000,000 SCRAP is reserved and used to fund community events, rewards, and marketing giveaways and other social aspects.

#### Team & Partners (10%)

200,000,000 SCRAP is used to reward long-term partners and team-members. Vesting-period will be set to 2 years, 50 percent being available after the first year and the other 50 percent after the second year.

## Staking

There is 600,000,000 $SCRAP available for all mechs to stake for. 

SCRAP is distributed in the 4 seasons, Spring, Summer, Fall, and Winter (Seasons are not tied to real-life seasons). Each season will automatically be switched when SCRAP is depleted for that season.

#### Spring

300,000,000 SCRAP available when staking mechs

Mechs can earn 8 $SCRAP per day

#### Summer

150,000,000 SCRAP available when staking mechs

Mechs can earn 4 $SCRAP per day

#### Fall

100,000,000 SCRAP available when staking mechs

Mechs can earn 2 $SCRAP per day

#### Winter

50,000,000 SCRAP available when staking mechs

Mechs can earn 1 $SCRAP per day

## SCRAP Utility

*Please keep in mind, the screenshot below is just an early model and does not represent the final* *features for Meta Mechs*. \
\
SCRAP is and will be one of the main utility tokens for Meta Mechs. It will be used for every transaction in the Meta Mechs economy. Below is a general explanation of our ecosystem and how we intend it to work.

![](/files/efNMTbAWZTGvVOc5NUls)

## Earnings

Mechs can earn $SCRAP from the following:

* **Mech Events**: There will be events for mechs to earn SCRAP as well as other future items. There will be many forms of events that will allow every type of mech to participate.
* **Staking**: Every mech will be able to stake and earn SCRAP. Distributions will be different for each season. 

## Spending

Mechs can spend $SCRAP on the following and more in the future?:

* **Buildings**: Can purchase personal garages, landfill, and the workshop. Can find more info on buildings in the future.
* **Mech Masters**: The builders of mechs, mech masters allow for exclusive building of mechs, and more in the future.
* **Items**: More info on items in the future.


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