Asgard Protocol Launch

OHM fork on AVAX with a number of unique mechanics, described below.

DETAILS

• To participate the Asgard ecosystem (they call it becoming a “citizen”), you must pay a 1000 MEAD (chart) tribute in Thor’s Tavern
• The MEAD token has a 5% transfer tax and will be used in their roadmapped P2E MMO RPG game, Midgard
• Citizens are ranked on favorable and unfavorable actions towards the protocol, for example, staking and minting increase your reputation (sending non-transferrable FVOR tokens to your wallet) while selling and causing a “significant price impact” decreases your reputation (sending non-transferrable WRTH tokens to your wallet)
• Citizens receive different sell tax rates depending on their Tier
• There is a 50% tax on all VOLT transfers between wallets (to prevent people from trying to game the Citizenship Tiers)
• Mulspelheim will begin shortly after the protocol launch and will provide users the ability to sacrifice MEAD to improve their Citizen reputation
• Midgard MMO RPG is roadmapped for Q2 2022, and only Tier 2 Citizens will be eligible to mint hero NFTs
• Initial supply and price for VOLT have not been announced, it’s unclear if they will be providing initial liquidity or if the initial tokens and liquidity will come from bonding & staking and not from the team