About Lords
Realms World is a comprehensive on-chain gaming ecosystem built on Starknet, an efficient Ethereum Layer 2 solution. At its heart is Eternum, a decentralized 4X MMO strategy game, alongside a diverse array of interoperable games developed by various studios and independent creators. This ecosystem thrives under the governance of Bibliotheca DAO, which utilizes Realm NFTs and the native token $LORDS to manage all economic activities, governance decisions, and funding initiatives.
The $LORDS token serves as the essential utility and incentive currency within Realms World. It facilitates access to games, mint passes, subscriptions, and more, acting as the primary currency across all games, decentralized exchange pools, and marketplaces. Users can also stake $LORDS to earn veLORDS, unlocking additional rewards within the ecosystem.
veLORDS, or vote-escrowed LORDS, is a staking derivative obtained by locking up $LORDS for a specified period. This mechanism encourages long-term participation, transforming passive holders into active contributors who share in the ecosystem's growth. Holders of veLORDS receive a portion of the protocol and in-game fees generated across the Realms ecosystem, benefiting from the increasing activity as new games are launched.
As the ecosystem expands, the yield pool for veLORDS grows, leading to compounding annual percentage yields over time. This incentivizes stakers not only to hold their tokens but also to support the broader development of the gaming environment.
Realm NFTs are integral to the governance of Realms World, providing holders with special privileges, including voting rights within the Bibliotheca DAO, free season passes for Eternum, and exclusive access to playtests and tournaments. These NFTs are tradable across Ethereum and Starknet, adding further utility and value to the ecosystem.