Utility Token (VIS)

What is VIS and what are its use cases?

In short, Vigorus (VIS) is the primary "earning" and "spending" token inside the Pegaxy ecosystem.

In the previous game version, VIS is minted (created) through players placing inside the top 3 when racing, there was no IDO for VIS and no VIS was ever "pre-minted". VIS is burned (destroyed) through the Breeding model (and other VIS sinks in the future) outlined later in the whitepaper. Our goal is to create a reasonably balanced mint and burn ratio while avoiding micromanagement and over dictation of the ecosystem.

Pegaxy: Blaze has been moved to the Mirai Chain, an Avalanche subnet, and all in-game operations will now occur on the Mirai Chain. When you transfer your claimable silver VIS from the previous game version to Pegaxy: Blaze, it converts into off-chain VIS gold. This form of the token cannot be minted and is usable across various Pegaxy game modes. You can withdraw VIS gold to your Mirai Wallet and trade it on the Mirai Chain as an on-chain token. On the other hand, VIS silver that's locked is meant for skill and Pega upgrades. However, it lacks the capability to be withdrawn.

Due to the fast moving nature of the in-game economy, the awarded amount of VIS for races may change up or down in the future.

General VIS Statistics:

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Mirai Chain (PGX) and Polygon (Matic)

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