About The Rug Game
The Rug Game introduces TRG as its primary governance token, designed to have longevity beyond the current gameplay and future iterations. This innovative token is integral to the game's ecosystem, impacting how players interact and engage with the platform.
In addition to TRG, there are ten unique game tokens, each identified by a letter in the name "THE RUG GAME." These tokens carry a 4% transaction tax, which is allocated in various ways: 1% is used to buy and burn CULT, another 1% buys and burns TRG, a further 1% is directed to a burn wallet, and the final 1% is held in ETH by a contract.
Launched on January 6, 2023, the game tokens operate on a scheduled elimination system. Every 30 to 60 days, the token with the least amount of burns—both of CULT and TRG—will be removed from the game, triggering an automatic liquidity rug. Any remaining ETH in the liquidity pool at that time will be utilized to buy back TRG for distribution to the TRG DAO and stakers.
When a token is eliminated, 1% of the ETH collected from the other community tokens will be distributed as rewards to the holders of the winning tokens. This creates a dynamic and competitive environment within the community, where strategy and collaboration can lead to rewards.
The Rug Game also encourages community engagement through staking and bribes to the DAO. Any wallet can stake TRG or CULT and can allocate points to a game token of their choice by sacrificing their holdings, adding an extra layer of strategy and interaction within the ecosystem.