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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  • $GEM
  • $GEM Price Charts
  • $GEM Token Analytics

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  1. Clam Island Ecosystem

$GEM Tokenomics

The inflationary yieldfarming reward token and deflationary in-game currency.

Previous$SHELL TokenomicsNextCLAM and PEARL Yields?

Last updated 3 years ago

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$GEM

$GEM is the reward token within the Clam Island Bank (= yield farm) and as well the in-game currency to buy Clam NFTs and produce Pearl NFTs.

80% of the $GEM used to buy Clam and produce Pearl NFTs is burnt forever and 20% goes to the Clam Island treasury to build and develop the product and ecosystem. This way the ecosystem is designed to combat inflation and at the same time align the team with the platforms long term success and growth.

The amount of $GEM needed to buy a Clam NFT changes from week to week depending on the demand for Clam NFTs in the previous week:

  • If less than half of the Clam NFTs available for minting in a week were purchased, the price of Clam NFTs goes down, meaning less $GEM is needed to buy a Clam NFT. The same way the price for producing Pearl NFTs goes down.

  • If more than half of the Clam NFTs available for minting in a week were purchased, the price of Clam NFTs goes up, meaning more $GEM is needed to buy a Clam NFT. The same way the price for producing Pearl NFTs goes up.

$GEM will also be the in-game currency once we onboard third-party-games - read more in the section.

$GEM Price Charts

$GEM Token Analytics

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Bogged.Finance Charts
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Details on emission, burns etc
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