Utility

RUNE V2 is the core currency and rewards driver of our ecosystem. It was designed to move beyond simple staking or trading and instead act as a circulating asset that rewards activity, funds growth, and ties directly into real yield sharing opportunities.

1. Platform Currency (Raiders Guild + SocialFi Farming)

• Raid Creation & Participation: RUNE V2 is the required token to create Raids on Raiders Guild and to participate in specific events, ensuring continuous circulation.

• Fee Capture: A portion of all platform fees are collected in RUNE V2 and used for:

• Buybacks and burns (deflationary pressure).

• Redistribution to stakers (via ADA rewards).

• SocialFi Engagement: A new platform powered by Raiders Guild’s backend will allow users to farm points (convertible into RUNE V2) through social activity, engagement, and content creation, giving non-NFT users a frictionless way to earn and spend.

2. Staking Rewards (Emission Pool)

• 18% of the total supply (99.9M RUNE V2) is distributed over 18 months to stakers of:

• RUNE V2 itself (must be locked).

• Ecosystem assets (Mallards, Invitation Letters, Comic Issue #2).

• Halving Schedule: Rewards drop by 50% at 6 months and again at 12 months to slow emissions and support long-term value.

• Weighted Distribution: Longer lock tiers (90–365 days) and rarer assets receive higher reward weights.

3. ADA Yield via Locking

• Only locked RUNE V2 holders qualify for monthly ADA rewards, funded by:

• Treasury profits (16% supply fund managed via ADAM strategies).

• Raiders Guild platform fees.

• Protocol-owned LP yield.

• Profits from Web2 products like The Print Shop.

Rewards scale with:

• Staked token amount.

• Lock duration (30–365 days).

• Optional boosts from holding ecosystem assets.

4. Burn Mechanics

• 1% of supply (5.55M RUNE V2) is reserved for burn conversions:

• Comic Issue #1 & #2 (holders can burn instead of staking for instant payouts).

• RUNE Splinters (burnable in sets of four).

• Platform Revenues (Raiders Guild + Secondary Sales)

• 100% of secondary fees from Mallards, Relics, Comics (except Invitation Letters) are used for buybacks and burns, steadily tightening supply.

5. Treasury-Driven Value

• 16% of supply (88.8M RUNE V2) is controlled by the treasury, which:

• Provides airdrops to stakers.

• Deploys funds into LP farming, trading (via ADAM), and growth strategies.

• Uses a portion of profits for buybacks, burns, or additional airdrops, creating a feedback loop for token value.

6. Expanding Utility Beyond the Mallard Order

• RUNE V2 will integrate into future Conduit services and cross-chain tools, including:

• Web2 payment rails (Print Shop credits, event access).

• Vault-based swaps for NFTs and ecosystem assets.

• Potential Midnight chain and cross-chain functionality.