Introducing STAG: The Revolutionary New Token by WDJC

WAX DEER JUNGLE CLUB
4 min readJul 26, 2024

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The world of cryptocurrency is ever-evolving, with innovative projects continually emerging to reshape the landscape. Today, we are thrilled to unveil STAG, the latest token initiative by WDJC. Designed with the community in mind, STAG offers unique incentives and promising future utilities that set it apart from the rest. Let’s dive into what makes STAG a game-changer in the crypto space.

Building on Success: The Legacy of ANT

Before we explore the exciting features of STAG, it’s worth highlighting WDJC’s previous success with our first token, ANT (Antlers). ANT has seen impressive growth and widespread adoption within the WDJC economy. Its success has laid a solid foundation for introducing STAG, showcasing our commitment to delivering valuable and innovative token solutions.

Tokenomics: A Well-Balanced Approach

The distribution of STAG tokens has been meticulously planned to ensure a fair and beneficial allocation for all stakeholders involved. Here’s a breakdown of the STAG tokenomics:

1. 6% Rewards in Our Games

Engaging and rewarding our community through interactive gaming experiences is a key focus of STAG.

  • Incentive Structure: 6% of the total STAG supply is dedicated to in-game rewards.
  • Deerbox Game: Players can earn rewards in Deerbox, sometimes as backed NFTs with STAG and sometimes through leaderboard achievements.
  • Future Games: Rewards will also be available in our new game once it is launched, offering continuous engagement and opportunities for players to earn STAG.

2. 6% LP Rewards for Liquidity Providers

Liquidity is the lifeblood of any successful token, and STAG recognizes the importance of rewarding those who contribute to its liquidity pools.

  • Incentive Structure: 6% of the total STAG supply is dedicated to providing liquidity rewards.
  • Platform Availability: These rewards are available on leading decentralized exchanges like Alcor and Taco.
  • Benefit: Liquidity providers (LPs) will earn rewards for their participation, ensuring a healthy and liquid market for STAG.

3. 10% Airdrop for OG and Abyssal And Fawn Rank Score Holders

Community engagement and early support are crucial for any project’s success. To honor our dedicated community members, we’ve allocated 10% of the STAG supply for airdrops.

  • Eligibility: OG members and those holding Abyssal And Fawn rank scores will be the recipients of this airdrop.
  • Distribution Schedule: Instead of a one-time airdrop, these tokens will be distributed in monthly increments, ensuring a steady and sustained reward for our early supporters.
  • Purpose: This initiative aims to reward our loyal supporters and encourage continued participation in the STAG ecosystem.

4. 20% Reserved for Future Utilities

Innovation is at the core of STAG’s mission. We have earmarked 20% of the token supply for future utilities.

  • Vision: This allocation is reserved for upcoming projects and developments that will enhance the STAG ecosystem.
  • Flexibility: By setting aside these tokens, we ensure the ability to adapt and grow, incorporating new features and utilities that will benefit our community.

5. 8% for the Team

Recognizing the hard work and dedication of the team behind STAG, 8% of the tokens are allocated to the team.

  • Vesting Schedule: These tokens will be locked for the first 12 months. After this period, the tokens will be released in ten equal monthly installments.
  • Security: This vesting period ensures long-term commitment and aligns the team’s interests with the success of the project.

6. 50% LP Pairs

A significant portion of the STAG supply, 50%, will be allocated to liquidity pools paired with other tokens like ANT (Antlers), and WAX.

  • Stability: This diversified liquidity provides a solid foundation for the token, enhancing its value and stability.
  • Trust: By pairing with established tokens, we demonstrate our commitment to integrating STAG within the broader WDJC ecosystem and ensuring its longevity and success.

The Future of STAG

While the initial distribution and incentives are crucial, the long-term vision for STAG is what truly sets it apart. We are committed to continuous development and innovation, ensuring that STAG remains a valuable asset for our community.

Token Burn Events

To further strengthen the value of STAG and maintain a balanced supply, we will be hosting periodic burn events.

  • Event Structure: During these events, accumulated STAG tokens from various activities and community events will be permanently removed from circulation.
  • Benefit: This burning mechanism helps to reduce the overall supply, potentially increasing the value of the remaining tokens and demonstrating our commitment to the token’s long-term value.

Join the STAG Revolution

The launch of STAG marks a new chapter for WDJC and its community. Building on the success of ANT, STAG is poised to drive further growth and innovation within our ecosystem. Whether you are a game player, an PFP Holder, there are ample opportunities to benefit from this groundbreaking project Stay tuned for more updates and be sure to participate in the various initiatives designed to reward and engage our community. Together, we can drive the STAG token to new heights.

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