A couple of key dynamics with Interns creation.
The mechanism for creating Interns is built in such a way that minting an Intern becomes more expensive every day. The cost to create increases by 10% every 24 hours for the first 10 days (now at 1,099 $STONKBROKER), and then by 1% each day over the 355 days after that.
So today it costs roughly $33 to create an Intern. One year from now, the price to create an Intern will be 89,999 $STONKBROKER, or roughly $899 at today’s token value.
However, there is a kicker: since the token itself is deflationary, that dollar value could change drastically by the time that date comes.
Value accrual and deflation are built into the ecosystem. The more users use and market the protocols we have available for everyday use — i.e. swapping tokens via
@MancerXYZ, getting physical collectibles via
@TheCardWall, enjoying Nightshades via
@MeebitCompany, or bridging with
@TickerYardHQ — all of these processes lead to value accrual and burns of the $STONKBROKER token downstream.
So even though the supply of Interns is 8,888, 20% of those Interns are already officially burned due to our Anvil AMM infrastructure. 1,777 will never leave their parent Broker, and that number increases daily.
Bad tokenomics previously rewarded users for staking through token inflation. We flip that on its head and reward users for using the protocols they need anyway, while building value accrual through deflation of the assets they hold.
Supply down = Demand up.
Also, I just noticed you can’t spell Intern without Internet.
Welcome to all the new members of the StonkBrokers ecosystem. Let’s change the world. The collective voice of Robinhood Chain just got a lot louder and more unified.