DRACO Policy

(Darksteel Reserve Allotment COin)

DRACO is a utility coin of MIR 4 existing on the WEMIX Platform, with a new concept to allow in-game assets to be freely exchanged, stored, sold, and purchased outside the game. The intrinsic value of the coin is guaranteed through the value of resources derived from the game.

DRACO Issuance and Usage Plan

• DRACO Max Supply : 1,000,000,000 DRACO
• DRACO Usage Plan

DRACO - Darksteel Exchange (DERBY)

• DERBY (Daily Exchange Rate By Yield) is the exchange rate of Darksteel per DRACO. DERBY is calculated based on Fix(100,000 Darksteel) + Yield(total mined Darksteel up to the day before the exchange, divided by 109). Any decimals are discarded.
• DERBY is automatically updated daily at 00:00(UTC+8) and posted on https://mir4draco.com

DRACO Smelting

• MIR 4 users can acquire DRACO by ‘Smelting’ Darksteel, which can be obtained through in-game mining and/or tax collection.
• To smelt Darksteel into DRACO, you must possess Darksteel equal to the sum of DERBY(Darksteel Exchange Rate) + smelting fee (Set by the ‘Trinity algorithm’) per DRACO.
• Daily Smelt Limit is 1,000,000 DRACO (24 hours, UTC+8 standard)

Darksteel Exchange

• DRACO may be exchanged for Darksteel at any time within the game.
• The amount of Darksteel receivable per DRACO will be determined by DERBY on the day of exchange.

DRACO Characteristics

• Utility Coin
• DRACO is a utility coin that can be exchanged for Darksteel, an essential resource in MIR 4.
• Mobility Coin
• DRACO is a blockchain-based tradable mobility coin that can be bought or exchanged without any limitation of game servers, game worlds, or boundaries set between game and reality.
• Clear Intrinsic Value
• DRACO possesses a clear purpose as a redeemable coin to be exchanged for Darksteel, an essential resource in-game; thereby having an objective intrinsic value.
• Sustaining Real Value
• We seek to maintain the ‘Real Value’ of DRACO by implementing equity dividend of total mined Darksteel, as a means to protect against possible depreciation of the actual value of the initially designed nominal value(exchangeable for 100,000 Darksteel), caused by inflation over time and growth of the game.
• Various Investment Value
• DRACO, with its specified max supply, along with its daily smelt limit, offers value stability, and creates mid- to long-term opportunities due to the daily increase in bonus Darksteel gained through equity dividends; thereby offering high investment value.
• The demand for DRACO is expected to increase through the game’s overall success and opening of new servers. Furthermore, we have plans to incorporate DRACO into additional games in the future, expanding DRACO uses.