Clam Island
  • Welcome to Clam Island!
  • Leadership Team
  • CLAM ISLAND
    • How it all started
    • Inspiration & Value Proposition
    • Characters of Clam Island
    • Vision
    • Current Roadmap
    • Partnerships and Listings
    • Smart Contracts
  • Clam Island Ecosystem
    • Ecosystem
    • $SHELL Tokenomics
    • $GEM Tokenomics
    • CLAM and PEARL Yields?
    • NFT Deep Dive
    • CLAM NFTs
      • The Maxima Clam
    • Pearl NFTs
    • Key Parameters
    • Yield Farming
    • YouTube Videos
    • User Guides
      • The Basics
      • How to Start?
      • Buy Your First CLAM
      • Staking in the Bank
  • Security
    • Audits
    • Smart Contract Time Locks
  • Community
    • Clam Island Citizen Program
    • Official and Community TG Groups
    • Telegram Groups
  • Q&A
    • FAQ
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  1. Clam Island Ecosystem

Ecosystem

The Clam Island 2 token & 2 NFT Ecosystem

PreviousSmart ContractsNext$SHELL Tokenomics

Last updated 3 years ago

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Clam Island seamlessly integrates yield farming with a fully developed collectible NFT system with provable rarity. It’s a way to have degen farming while backing the reward system with products of real value and longevity.

2 Token & 2 NFT Ecosystem

The Clam Island Ecosystem consists of two types of tokens and two types of NFTs:

1) $SHELL is the governance token of Clam Island and is scarce by design. The only way in which it's supply increases is by burning Clam NFTs to harvest them for $SHELL. The supply of Clam NFTs is limited - only a certain amount of Clams can be bought per week.

2) $GEM is the reward token in the Clam Island Bank (yieldfarm) and the in-game currency to mint Clam NFTs and produce Pearl NFTs. Whenever an NFT is minted, 80% of $GEM spent is burnt, 20% goes to treasury for the development of the product & ecosystem.

3) Clam NFTs have various rarity tiers and billions of possible trait combinations, making each Clam unique. Clams are fully interactive 3D NFTs, that have financial utility. They can boost your yield, when you deposit them, produce Pearl NFTs (which also boost your yield) and are harvestable for $SHELL.

4) Pearl NFTs have various rarity tiers and billions of possible trait combinations, making each Pearl unique. Pearl NFTs can be used to boost your yield in the Clam Island Bank.

Clam Island Ecosystem